{"id":14054,"date":"2025-12-29T21:34:30","date_gmt":"2025-12-29T21:34:30","guid":{"rendered":"https:\/\/zacksim.com\/blog\/?p=14054"},"modified":"2026-01-13T14:40:16","modified_gmt":"2026-01-13T14:40:16","slug":"important-tax-planning-information-and-insights-for-2026","status":"publish","type":"post","link":"https:\/\/zacksim.com\/blog\/important-tax-planning-information-and-insights-for-2026\/","title":{"rendered":"Important Tax Planning Information And Insights For 2026"},"content":{"rendered":"\n

Tax Planning Insights as We Head Into 2026<\/strong><\/p>\n\n\n\n

Tax planning in 2026 is poised to look a lot different than it did in 2025. With the passage of the One Big Beautiful Bill Act (OBBBA), provisions of the tax code are now either indexed, extended, or evolving in ways that could shape longer-term decisions for high-net-worth families, retirees, and business owners.<\/p>\n\n\n\n

In my view, that makes the turn of the year a good moment to step back and assess the shifting landscape.<\/p>\n\n\n\n

Before getting into planning considerations, it\u2019s worth starting with a quick reset on where things stand. Income tax brackets continue to be adjusted for inflation, as do standard deduction amounts, meaning many households will see higher thresholds before moving into higher marginal brackets.<\/p>\n\n\n\n

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Source: The Wall Street Journal<\/em><\/strong><\/a>1<\/sup><\/em><\/strong><\/figcaption><\/figure>\n\n\n\n

The standard deduction has also risen meaningfully compared with pre-pandemic levels, reducing the number of taxpayers who itemize and changing the relative value of certain deductions.<\/p>\n\n\n\n

For high-net-worth individuals, one of the most consequential developments involves estate and gifting rules. In 2026, the federal estate and gift tax exemption is scheduled to rise to $15 million per individual, or $30 million for married couples. These are historically elevated levels and materially expand the amount of wealth that can be transferred without triggering federal estate or gift taxes.

Major Tax Changes Are Here, And They Might Affect Your 2025 Return<\/a><\/u><\/strong><\/p>\n\n\n\n

New legislation this year has reshaped deductions, income thresholds, and planning strategies for high-income households, business owners, and retirees. Understanding what’s changed helps you avoid overlooking provisions that could apply to your situation before you file.<\/p>\n\n\n\n

Our Tax Guide for 2025<\/a><\/u><\/em><\/strong> breaks down the legislative changes in straightforward terms. Inside, you’ll find:<\/p>\n\n\n\n