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