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Search Results: keywords:"heroes’ tax exemption act of 2025"

  • H. R. 823, also known as the “Heroes’ Tax Exemption Act of 2025”, proposes to amend the Internal Revenue Code of 1986 to exempt active duty servicemembers from paying income tax on their earnings. The bill specifies that the income earned by these servicemembers will not be...

    Simple Explanation

    H. R. 823 wants to change the tax rules so that people in the military don't have to pay income tax on the money they earn while serving. This means they get to keep more of their pay, starting after a certain date when the law is officially in place.