5 stories from the week to November 16, 2025, in the order they matter to someone who pays the top rate.
November 14, 2025 at 4:00 AM PST
CMS set 2026 premiums and income-related surcharges based on 2024 tax returns. A single dollar over a bracket line can add thousands of dollars a year for a married couple.
The annual inflation update raises deferral, IRA and total contribution ceilings, and lifts to $150,000 the wage line above which catch-up contributions must go in as Roth.
The 2025-26 budget adds a refundable Working Pennsylvanians Tax Credit worth up to $805 and cuts the corporate rate again, while high earners keep one of the lowest flat rates in the country.
A new equal-weight US stock fund will accept in-kind contributions under Section 351, a decades-old rule that lets investors with embedded gains diversify without an immediate tax bill.
At 95, Warren Buffett converted 1,800 Class A shares into B shares worth more than $1.3 billion and said he will accelerate gifts while his children can still run the foundations.
General information, not tax, legal or investment advice.