Tax Planning Dashboard
This Tax Planning Dashboard provides current economic indicators and official IRS reference rates that may affect tax planning, business decisions, real estate transactions, retirement planning, estate and gift planning, and year-end tax strategy.
The charts below update automatically from the Federal Reserve, and the IRS links provide access to official reference rates, annual limits, and guidance commonly used in tax planning and compliance.
How This Information Is Used in Tax Planning
Interest rates, inflation adjustments, IRS reference rates, retirement plan limits, borrowing costs, and federal benchmarks can affect the timing and tax treatment of financial decisions. These rates may be relevant when evaluating business purchases, real estate transactions, family loans, installment sales, estate and gift strategies, retirement contributions, charitable planning, and year-end tax projections.
If you are considering a transaction or planning decision that may have tax consequences, I can help evaluate how the current tax rules, IRS rates, and economic conditions may affect your options before you act.
IRS Reference Rates and Limits
These links go to primary IRS and government sources commonly used in tax planning, compliance, retirement planning, business planning, estate and gift planning, payroll planning, and year-end projections.
Monthly short, mid, and long term rates commonly used for intrafamily loans and imputed interest analysis.
View AFRMonthly rate used for valuing split interest gifts and trusts, including GRAT, CLT, CRAT, and CRUT planning.
Current 7520Quarterly rates for overpayments and underpayments, including corporate and large corporate rates.
Quarterly ratesCurrent year business, medical, moving for qualified military, and charitable mileage rates.
Mileage ratesAnnual contribution and benefit limits for 401k, IRA, SEP, SIMPLE, 403b, 457b, and defined benefit plans.
Current limitsAnnual HSA contribution limits, HDHP minimum deductibles, and HDHP out-of-pocket maximums used for health savings account planning.
Current limitsAnnual IRS inflation adjustments for tax brackets, standard deductions, credits, phaseouts, and other tax amounts used in year-end planning.
Tax year amountsIRS estate and gift tax updates, including basic exclusion amount information and related estate and gift tax guidance.
Estate and gift limitsAnnual Social Security taxable wage base, also known as the contribution and benefit base, used for payroll, employment tax, and business owner compensation planning.
Wage base limitsIRS guidance on required minimum distributions from IRAs and retirement plans, including timing rules and retirement planning considerations.
RMD guidanceEconomic Dashboard
These indicators update automatically from FRED and are included because they commonly affect tax planning, cash flow decisions, borrowing costs, real estate decisions, and broader financial planning.
Inflation Index for Federal Tax Brackets (Chained CPI-U)
Many federal tax amounts are adjusted for inflation. Chained CPI-U is relevant to understanding annual inflation adjustments that may affect tax brackets, standard deductions, phaseouts, and planning thresholds.
Effective Federal Funds Rate
Short-term rates influence cash yields, interest expense, borrowing costs, and timing strategies for income, deductions, and business financing decisions.
Unemployment Rate
Labor conditions can affect compensation decisions, hiring plans, business cash flow, and broader economic assumptions used in planning.
30-Year Fixed Mortgage Rate
Mortgage costs influence real estate decisions, refinancing analysis, investment property planning, and borrowing strategy.
US Prime Rate History
The US Prime Rate is the interest rate banks charge their most creditworthy commercial borrowers. It is commonly used as a benchmark for variable rate loans, including business lines of credit, adjustable rate mortgages, HELOCs, and certain consumer loans.
Why the Prime Rate matters
- Impacts variable rate business loans and lines of credit
- Influences adjustable rate mortgages and HELOCs
- Affects interest expense planning for closely held businesses
- Often referenced in loan agreements and promissory notes
Prime Rate timeline (newest to oldest)
| Date | Prime Rate |
|---|---|
| 12-11-2025 | 6.75% |
| 10-30-2025 | 7.00% |
| 09-18-2025 | 7.25% |
| 12-19-2024 | 7.50% |
| 07-27-2023 | 8.50% |
| 03-23-2023 | 8.00% |
| 09-22-2022 | 6.25% |
| 03-17-2022 | 3.50% |
| 03-16-2020 | 3.25% |
| 12-16-2008 | 3.25% |
| 09-18-2001 | 6.00% |
| 02-01-1995 | 9.00% |
| 08-11-1988 | 10.00% |
| 07-09-1981 | 20.50% |
| 10-13-1978 | 10.00% |
| 12-22-1970 | 6.75% |
| 08-23-1960 | 4.50% |
| 10-17-1951 | 2.75% |