Government ❯Legislation ❯Tax Policy
Expansion Family Support Programs Revamp Refundable Portion Income Requirements Poverty Reduction Enhancement Proposed Legislation Proposed Changes Expanded Child Tax Credit Targeted Support Bipartisan Compromise Federal Income Tax
Above-the-line deductions of $25,000 for tips, $12,500 for overtime apply to 2025 taxable income with phase-outs starting at $150,000