Due to several Tax Cuts and Jobs Act (TCJA)1 provisions expiring at the end of 2025, next year is shaping up to be what some are already calling the Super Bowl of Tax.
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Only hours after reports revealed Joe Biden's aggressive plans to tax tons of money away from middle class Americans, a new documentation appeared, showing how he is putting plans together to also "raid the rich."
On March 11, 2024, the Biden Administration released the Fiscal Year 2025 Budget, and the "General Explanations of the Administration's Fiscal Year 2025 Revenue Proposals,".