2025 Tax Changes: What's New and What You Need to Know - San Francisco Bay TimesThe federal income tax was established in 1913, and significant changes to tax provisions will impact taxpayers for the 2025 tax year.
Trump's ultra-wealthy picks face a huge tax hit to join his Cabinet-but can avoid it thanks to this little known provisionWealthy executives joining the Trump administration face compensation cuts but can utilize tax provisions like certificates of divestiture to ease asset sale burdens.