How to Prepare for the 2026 Tax Season: In-Depth Guide for Individuals and Small Businesses
When the TCJA passed in late 2017, it introduced sweeping tax reforms. Many corporate changes were made permanent. However, most individual and pass-through business provisions were temporary. Unless extended, those provisions will sunset on January 1, 2026. Here’s what that means in practical terms. 1. Individual Tax Rates Are Scheduled to Increase Under current law, […]
