Category: Tax

Tax

Retirement Savings Contribution Limits Increase for 2026 by Jonathan Kraes, CPA


Posted on December 11, 2025 by Jonathan Kraes

Each year, the IRS announces the maximum amount taxpayers may contribute to their retirement savings plans adjusted for inflation. For 2026, these limits increase across all account types, giving taxpayers more opportunities to improve their financial security in retirement. Employer-Sponsored Retirement Plans Taxpayers with access to employer-sponsored retirement savings plans, such as 401(k)s, 403(b)s and […]

Planning Around the 2026 Cost-of-Living Adjustment to Social Security Benefits by Patricia Giarratano, CPA


Posted on November 24, 2025 by Patricia Giarratano

Social Security recipients, including senior citizens, widows and people with disabilities and special needs, will receive a 2.8 percent cost-of-living adjustment (COLA) to their benefits in 2026. The increase represents an additional $56 per month in payments for benefits that include Old-Age, Survivors, and Disability Insurance (OASDI) and Supplemental Security Income (SSI). The Social Security […]

Podcast – BPB Knows State Taxability of Services


Posted on November 20, 2025

In this episode, Director of Tax Services Christian Burgos, CMI, JD, LLM, shares details of Washington State’s new law that taxes a wide ranges of services, including advertising, software development and more.

2026 Inflation Adjustments to the Tax Laws by Tony Gutierrez, CPA


Posted on November 13, 2025 by Anthony Gutierrez

The IRS released the annual inflation adjustments to more than 60 provisions of the tax code. Taxpayers will use these figures when filing their 2026 federal income tax returns in 2027. Income Tax Rates The income individuals use to determine how much tax they pay each year increases in 2026. However, unless taxpayers’ income rises […]