Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. This course will examine the tax changes affecting 2026 as a result of recent legislation, and the inflation-changed limits effective for 2026 that are more significant from the perspective of an income tax preparer.

Learning Objectives

• Identify the 2026 changes to various tax-related amounts
• Recognize the 2026 changes affecting HSA and MSA requirements and contribution limits, Roth IRA eligibility, and traditional IRA contribution deductibility
• Discuss the changes effective in 2026 for the small employer premium tax credit and the applicable large employer mandate
• Determine the Secure Act 2.0 changes for retirement plans that affect income tax preparation
• Describe the OBBBA changes affecting 2025 and 2026