The American Innovation and R&D Competitiveness Act of 2025 lets people who spend money on research and experiments take those expenses off their taxes instead of having to count them slowly over time. This makes it easier for them to save money on taxes right away when they try new things.

The "Tax Relief for American Families and Workers Act of 2024" is like a big helpful blanket that tries to make taxes easier and nicer by giving more money to families with kids, helping people and businesses during disasters, and making rules for how people from Taiwan pay taxes in America. But some parts might be a bit tricky and not equally fair for everyone.