Considering adoption or recently finalized one? There may be valuable tax benefits available to help offset the costs.

For 2026, the Social Security maximum taxable earnings limit has increased to $184,500. This is up from $176,100 in 2025, meaning high earning employees will pay Social Security tax on an additional $8,400 of income.

For many taxpayers, 2026 may bring good news: If your total taxable income falls within the following ranges, you’ll owe no federal capital gains tax: • Individuals: $49,450 or less • Married couples filing jointly: $98,900 or less

The IRS has updated the standard mileage rates for 2026, reflecting changes in costs and usage trends. These rates are used to calculate deductible expenses for business, medical, moving, and charitable purposes.

Start the year off right! Review your tax withholding and make any necessary updates. New hires and employees making changes should use the 2026 W-4 form.

Beginning January 1, 2026, catch-up contributions for employees aged 50+ earning more than $145,000 must be made as Roth (after-tax) contributions.

Beginning January 1, 2026, the IRS is increasing the reporting threshold for Form 1099-NEC and Form 1099-MISC from $600 to $2,000 per calendar year.

The IRS has increased IRA contribution limits to help you save more for retirement—plus extra benefits for those age 50 and older.

Plan Ahead for 2026! Contribution limits for retirement plans are increasing—don’t miss out. The IRS has announced new contribution limits for retirement plans for the 2026 tax year, giving employees more opportunities to save for the future.