Navigating the 2024 and 2025 Tax Landscape: Brackets, Rates, and Planning Ahead
As the end of 2024 approaches, taxpayers are naturally turning their attention to the upcoming filing season. Understanding the tax brackets and rates for both 2024 (for income earned this year, filed in 2025) and 2025 (for income earned next year, filed in 2026) is crucial for effective financial planning. While the seven federal income…