Tax Changes For 2025 Filing Season. As the 2025 tax season gets underway, several significant updates have been introduced that tax filers should be aware of. Here’s a peek at what’s new in the corporate and personal tax world for 2025.
The irs has increased tax brackets by 2.75% for 2025, with the top rate of 37% applying to incomes over $626,350 for singles and $731,200 for joint filers. As the 2025 tax season gets underway, several significant updates have been introduced that tax filers should be aware of.