Upcoming Tax Law Changes in 2026: What Individuals and Businesses Need to Know Now

The Tax Cuts and Jobs Act (TCJA) of 2017 brought significant tax reductions for individuals and businesses. However, many of its provisions are set to expire on December 31, 2025, leading to potentially higher tax burdens. Congress is currently debating potential extensions or modifications to certain provisions. We outline key changes and strategies to help you prepare.