Financial Insights

Tax Compliance External

February 1, 2026 By IRS IR-2026-16

Use online tools when claiming One, Big, Beautiful Bill tax advantages for families and education

WASHINGTON — The Internal Revenue Service encourages taxpayers to use online tools and take a few simple steps to prepare for claiming new and expanded tax benefits under the One, Big, Beautiful Bill. Families planning to claim the Child Tax Credit, the Adoption Credit, or pay for educational expenses should review these changes before filing.

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Tax Compliance External

February 1, 2026 By IRS

Publication 17 (2025), Your Federal Income Tax. For Individuals. For use in preparing 2025 Returns.

This section summarizes important tax changes that took effect in 2025. Most of these changes are discussed in more detail throughout this publication.

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Tax Planning External

February 1, 2026 By Kelly Phillips Erb

IRS Announces 2026 Tax Brackets, Standard Deductions And Other Inflation Adjustments

The IRS has announced the annual inflation adjustments for the year 2026, including tax rate schedules, tax tables and cost-of-living adjustments. These are the official numbers for the tax year 2026—the tax year that begins on January 1, 2026. These are not the numbers that you’ll use to prepare your 2025 tax returns in 2026 (you’ll find those official 2025 tax numbers here). These are the numbers that you’ll use to prepare your 2026 tax returns in 2027—and that you’ll use for your tax planning throughout the year.

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