2 Must-Have Tools to Navigate 2025 Tax Changes
- Viktoriya Barsukova, EA, MBA
- Aug 6
- 2 min read
Congress has passed one of the biggest tax packages in recent years—The One Big Beautiful Bill Act (OBBBA)—and with it comes a flood of changes that affect nearly everyone: families, business owners, retirees, and investors alike.
But instead of sorting through hundreds of pages of legislation, we’ve got two simple, powerful tools to help you cut through the noise and focus on what matters:
1. Highlights of Recent Tax Provisions (OBBBA Timeline Chart)
This official Spidell chart lays out all the key provisions in a clear, chronological format—showing you exactly what changes, when they take effect, and which IRS code sections are involved.
Must-Have Tool 📄 👉 View the OBBBA Highlights Chart
Real-life examples:
✅ Overtime deduction: Deduct up to $25,000 (MFJ) in overtime pay from your income. Phased in starting 2025.
✅ No tax on tips: Up to $25,000 in reported cash tips can now be deducted for workers in tip-based occupations (think hospitality or salons).
✅ Child Tax Credit: Boosted to $2,200 per child with inflation adjustments starting in 2025.
✅ Business expensing: Section 179 expensing increases to $2.5 million, making it easier to write off new equipment or vehicles.
✅ 529 plans expanded: Tax-free withdrawals now allowed for credential programs and more K–12 education expenses.
✅ Trump accounts: Children born between 2025–2028 may qualify for $1,000 starter retirement accounts, seeded by the government.
This isn’t just tax reform—it’s a planning opportunity. The OBBBA provisions are spaced across multiple years (2025–2028), and many are permanent changes.
2. 2025 Inflation-Adjusted Tax Amounts
Every year, the IRS adjusts tax thresholds to keep up with inflation. These changes affect brackets, deductions, credits, and exclusions—and can have a big impact on your tax bill if you’re not paying attention.
Must-Have Tool 📄 👉 View the 2025 Inflation Adjustment Chart
What’s new in 2025?
💸 Standard Deduction:
• $31,500 – Married Filing Jointly
• $23,625 – Head of Household
• $15,750 – Single or MFS
💵 Gift Tax Exclusion: Up to $18,000 per recipient, tax-free.
🧾 Kiddie Tax Threshold: First $1,300 of unearned income is tax-free for children.
🏥 HSA Contribution Limits: $4,300 for individuals and $8,550 for families (+$1,000 catch-up for 55+).
Why 2 Must-Have Tools to Navigate 2025 Tax Changes Matter
Most people won’t read the tax bill—but you don’t have to. These charts do the work for you. Whether you’re:
A parent navigating credits and deductions
A business owner making year-end purchases
A high-income taxpayer seeking new strategies
Or just trying to stay compliant…
These resources make it easy to plan smart, stay informed, and get ahead of the IRS before filing season starts.
💬 Need help applying this to your situation?
I work with individuals and businesses across all 50 states to translate tax law into real-life strategies. Let’s review your situation and make sure you’re positioned to benefit.
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