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Learn moreKPMG report: Tax provisions expiring in 2025 affecting individuals and families
A KPMG report outlining the many provisions that are set to expire that will have a particular impact on individual taxpayers.
With more than $4 trillion of tax increases scheduled to take effect at the end of 2025, next year could be the most consequential year for tax legislation since the 2017 enactment of the Tax Cuts and Jobs Act (TCJA). No matter the outcome of November’s elections, next year’s Congress and administration will be required to confront these looming tax increases.
The challenge facing policymakers in 2025 is a daunting one and the massive price tag associated with extending the 2017 tax cuts could force Congress to seek new tax increases to offset these costs.
Read a KPMG report outlining the many provisions that are set to expire that will have a particular impact on individual taxpayers.
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