AnalysisOpinion5 Ways to Help Avoid Going Over the Looming 2025 Tax CliffSaveMark Us Preferred on GooglePrintThe American flag flies in front of the U.S. Capitol dome on Sept. 10, 2021. Drew Angerer/Getty ImagesPreston Brashers5/15/2024|Updated: 5/16/20240:00X 1News AnalysisA large tax increase is scheduled to hit almost all taxpayers at the end of next year—that is, unless Congress comes up with and agrees to another plan before then.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.