New Tax Deductions Coming Soon: What You Need to Know
Unlocking the New Tax Landscape: How to Prepare for Proposed 2025–2028 Deductions
At Omni 360 Advisors, we help individuals and businesses stay ahead of changing tax legislation. And with a new bill recently passed by the House—and now headed to the Senate—there may soon be fresh opportunities to reduce your taxable income. The legislation includes new deductions for tipped workers, employees earning overtime, seniors, and even car buyers.
If passed, these deductions will apply between 2025 and 2028 and could benefit a wide range of taxpayers. But even before these rules take effect, now is the time to plan strategically so you can take full advantage when the time comes.