The IRS has released the annual inflation adjustments for tax year 2026, including updated tax brackets, standard deductions, and cost-of-living adjustments. Important Timing Note: These numbers apply to tax year 2026—the period beginning January 1, 2026. You’ll use these figures to prepare your 2026 tax returns in 2027 and for tax planning throughout 2026. For […] The post IRS Announces 2026 Tax Brackets, Standard Deductions, and Inflation Adjustments first appeared on THInc.
