Tax Cut Jobs Act 2025 Details. Tax relief/incentive amount (rm) details; Top current tax issues for congress to address include the fiscal year 2025 budget and extending portions of the tax cuts and jobs act (tcja), as major provisions are scheduled to expire at the end of next year.

When congress passed the tax cuts and jobs act (tcja) of 2017, the expiration date for some of the provisions seemed far off. The tax cuts and jobs act of 2017 (tcja) was the most comprehensive tax legislation in decades, making major changes to both individual and corporate income taxes.