Tax Inflation Adjustments for Tax Year 2026

This article was published by the IRS. Here's a review of tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Notable changes under the One, Big, Beautiful Bill The tax year 2026 adjustments described below generally apply to tax returns filed in 2027. The [...]

Combat-Zone Contract Workers Qualify for Foreign Earned Income Exclusion

The following article was published by the IRS. Certain U.S. citizens or resident aliens, specifically contractors or employees of contractors supporting the U.S. Armed Forces in designated combat zones, may now qualify for the foreign earned income exclusion. The Bipartisan Budget Act of 2018, enacted in February, changed the tax home requirement for eligible taxpayers, enabling [...]

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