2026 Year-End Tax Planning Checklist: What Individuals and Small Businesses Should Do Before December 31
For 2026: 401(k) limit $24,500, RMDs by December 31, a new $1,000/$2,000 charity deduction for non-itemizers, a $40,400 SALT cap, a $19,000 gift exclusion, 100% bonus depreciation, a $2,560,000 section 179 limit, and a $2,000 Form 1099 threshold.
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