December 31, 2025
Fidelity's year-end guidance walks through the tax moves that still matter for 2026, from Roth conversions and the new $6,000 senior deduction to RMD deadlines and charitable-giving limits.
Treasury's proposed regulations define which US-assembled vehicles and loans qualify and create new lender reporting, but the benefit fades above $100,000 of income, or $200,000 for joint filers.
Agemy Financial Strategies' 2026 planning guide pairs the tax law's new brackets with higher retirement contribution limits, asset location and concentrated-stock timing.
A union-backed ballot initiative would tax people who lived in California on January 1, 2026, which is why moves being discussed now, in the last days of 2025, matter more than any vote next November.
Taxpayers with unreported income or offshore accounts would get a fixed penalty menu and three months to file and pay in full under the proposal, now open for public comment until March 22, 2026.
Eight states cut individual income tax rates for 2026 while New York extends its temporary surtaxes on high earners, reshaping the state bill for affluent households and anyone weighing a move.
From 2026 the AMT exemption starts phasing out at $1 million for joint filers and disappears twice as fast, so the bargain element on incentive stock options is far more likely to trigger AMT.
The private-equity-backed supplier jumped 41% in its Nasdaq debut. For employees of companies that list, stock settling at a public price often comes with a tax bill larger than what payroll withholds.
Treasury set out how states can elect into the Section 25F credit for cash gifts to scholarship-granting organizations, a dollar-for-dollar benefit that outvalues a deduction for top-bracket donors.
IRS-CI's annual report shows tax fraud identifications more than doubled and search warrants rose 25%, a signal that enforcement risk is climbing even as agency staffing shrinks.
Notice 2026-5 confirms that more families and self-employed owners can fund a health savings account next year, and that monthly direct primary care fees up to $150, or $300 for families, can be paid tax-free.
A tender at roughly double July's price would hand SpaceX staff a large liquidity window before a possible 2026 IPO, and the tax bill depends on whether shares came from RSUs, ISOs or purchases.
UBS's Billionaire Ambitions Report tallied $297.8 billion passed to heirs this year, a preview of the gifting, trust and basis questions facing far smaller family fortunes too.
Notice 2025-68 spells out who can open the new children's accounts, how the $1,000 pilot deposit works, what employers may add tax-free and why most of the money will not carry tax basis.
Starting in 2026, itemized gifts face a 0.5%-of-AGI floor and a benefit capped near 35 cents per dollar for top-bracket donors, which makes December 2025 gifts and donor-advised fund bunching more valuable.
The $250-per-child gift uses the new qualified general contribution route, a structure that lets foundations and charities fund a whole class of children at once, outside the $5,000 annual cap.
A finalized rule keeps Letter 627 at $56 instead of $67, closing the door on any reversal as executors of large 2025 estates prepare to request it.