
Understanding President Biden’s Tax Proposal for 2025: What You Need to Know
President Biden’s 2025 tax proposal aims for fairness, with adjustments to capital gains, Medicare tax, and corporate rates.

President Biden’s 2025 tax proposal aims for fairness, with adjustments to capital gains, Medicare tax, and corporate rates.

Tax filing due: April 15, 2024 (Maine/Massachusetts: April 17). Extensions via Form 4868; pay taxes owed by due date to avoid penalties.