Understanding the New Tax Provisions (Public Law 119-21)
Signed into law on July 4, 2025, this bill has a significant effect on federal taxes, credits and deductions. Here's what you need to know.
Sec. 70101, 70102, 70106, 70107, 70401, 70402
Sec. 70103 - Effective 2025-2028
Sec. 70201 - Effective 2025-2028
Sec. 70202 - Effective 2025-2028
Sec. 70203 - Effective 2025-2028
Sec. 70301 - Effective 2025-2028
Sec. 70104
Sec. 70501
Various Sections
HSA Provisions
Various Business Sections
Employer Provisions
529 & Education Provisions
Our tax professionals can help you maximize your benefits under the new law.