2027 Federal Tax Brackets and IRS Limits: What High Income Taxpayers and Business Owners Need to Know
The IRS has released federal tax brackets and inflation adjustments for 2027. Review the new standard deduction, capital gains brackets, Section 199A thresholds, Section 179 limits, estate and gift tax exclusions, and Form 1099 reporting threshold, with planning considerations for business owners and California taxpayers.
OBBBA Effective Dates: What Started in 2025, 2026, and Later
OBBBA provisions do not all begin at the same time. Review the effective dates for Schedule 1-A deductions, SALT, bonus depreciation, Section 179, Section 199A, 1099 reporting, Qualified Production Property, Trump Accounts, energy credits, and key expiration dates.