4 Expiring Tax Provisions in 2025

Expiring Tax Provisions 2025

Potential Expiring Tax Provisions in 2025 Individual Income Tax Rate Reductions The TCJA temporarily lowered income tax rates across various brackets. Without extension, these rates will revert to pre-2018 levels, increasing tax liabilities for many individuals in nearly all income brackets. Below, you’ll find the tax rates for single filers based on 2025 tax brackets: