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Taxes 2025-2026: One Big Beautiful Bill Tax Law Changes and How That Impacts You
Written by a TurboTax Expert • Reviewed by a TurboTax CPA Updated for Tax Year 2025 • November 16, 2025 10:10 AM Click Here to Read More https://turbotax.intuit.com/tax-tips/general/taxes-2021-7-upcoming-tax-law-changes/L3xFucBvV Overview On July 4, 2025, the legislation known as the "One Big Beautiful Bill", also known as the Working Families Tax Cut, was signed into law. The new tax laws are as much about old tax laws as there are about new ones. The One Big Beautiful Bill
Tax News
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IRS Announces 2025 Tax Brackets, Standard Deductions and Other Inflation Adjustments
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and cost-of-living...
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Top Marginal Tax Rates
Your marginal tax rate determines what you pay when you receive the next dollar of income—it represents the highest tax rate you pay for...
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Personal Exemption and Standard Deduction Amounts
Personal Exemption Amounts Due to the 2017 tax reform law, there will be no personal exemption amounts in 2025. Personal exemptions...
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1 min read
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