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2. The 2025 tax brackets are here. How much will you owe? - AOL

   www.aol.com/finance/2025-tax-brackets-much-owe...

   However, the estate tax exclusion — the amount of your estate that’s shielded from federal taxes — will climb to $13.99 million in 2025, up from $13.61 million in 2024.

3. The IRS just announced big tax changes for 2025 - AOL

   www.aol.com/finance/irs-just-announced-big-tax...

   For 2025, the IRS has adjusted income tax brackets to accommodate rising wages. The 37% top tax rate applies to singles earning over $626,350 and married couples earning over $751,600 (an increase ...

4. Cash-strapped Americans paid nearly $850M to get their tax ...

   www.aol.com/finance/cash-strapped-americans-paid...

   Although 2024 taxes aren't due until April 15, 2025, the IRS generally begins accepting returns in late January. The sooner you're able to file yours, the sooner your refund will arrive.

5. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   If the amounts of the itemized deductions and the standard deduction do not differ much, the taxpayer may take the standard deduction to reduce the possibility of adjustment by the Internal Revenue Service (IRS). The amount of the standard deduction cannot be changed following an audit unless the taxpayer's filing status changes.

6. Tax Cuts and Jobs Act - Wikipedia

   en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

   For deaths occurring between 2018 and 2025, estates that exceed $11.2 million are subject to a 40% estate tax at time of death, increased from $5.6 million previously. For a married couple aggregating their exemptions, an estate exceeding $22.4 million is subject to a 40% estate tax at time of death. [38]

7. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.