New Jersey 2025 State Tax Updates SummaryNew Jersey released updated tax provisions for 2025, including changes to credits, limits, and filing guidance. What Changed Updates to the NJ Earned Income
Federal Tax Inflation Adjustments for 2025 SummaryThe IRS announced annual inflation adjustments affecting standard deductions, tax brackets, and other thresholds for 2025. What Changed Increased standard deduction amounts Inflation-adjusted tax
Expanded Deductions for Tips & Overtime (2025) SummaryRecent IRS guidance outlines deductions related to qualified tips and overtime compensation beginning in 2025. What Changed Guidance issued on treatment of qualified