Filing Your 2025 Taxes — The Biggest Changes You Need To Know

Forbes, January 24, 2026

Major tax-law changes take effect for the 2025 filing season, driven largely by the One Big Beautiful Bill Act, which extends key TCJA provisions while expanding deductions and credits. Taxpayers will see wider inflation‑adjusted brackets, a higher standard deduction, a larger Child Tax Credit, a sharply increased SALT cap, and new deductions for tip and overtime income. With the IRS entering filing season short‑staffed and updating core systems, filers are encouraged to prepare early, review eligibility for new benefits, and file electronically to avoid delays.