Increase tax exemptions for gifts, estates, and some investments in 2025 Loaner

Couple doing taxes using calculator and laptop
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The income thresholds that trigger some potentially big taxes change in 2025. The IRS makes changes, known as cost-of-living adjustments, to account for inflation. These moves will mostly affect wealthy taxpayers, although some people in the middle class will likely benefit as well. Below are definitions of three main types of taxes and explanations of how they change for…

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