Seven years ago, the passage of the Tax Cuts and Jobs Act gave hardworking Americans and the businesses that employ them well-deserved relief, clearing a path for innovation, investment, and economic growth.
However, several key provisions of the TCJA will expire unless Congress extends them before the end of next year. Since the TCJA provided taxpayers with concrete wins that improved their lives, lawmakers should keep those benefits at the forefront while shaping tax reform in 2025.
Get the full story here.