In response to rising fuel prices, the Internal Revenue Service has issued a mid-year adjustment to the standard mileage rates for the remainder of 2026.

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.

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.