10/17/2026
FINANCIAL FLASH! Proposed Tax Brackets for 2027: Here is an early look at potential tax bracket adjustments that could affect clients' 2027 tax planning. The projections indicate a 3.2% increase in inflation from 2026 and cover changes to individual income tax brackets, standard deductions, AMT exemptions, and other key thresholds. Now is the time to start strategizing and optimizing your tax planning, both for end of year 2026, and looking ahead to 2027.
The report also accounts for several adjustments made under the One Big Beautiful Bill Act, changes include:
1) For individuals, the report includes varied income tax rates with steeper adjustments for lower brackets.
2) For corporate taxpayers and passthroughs, they include an adjustment to the employer-provided child care credit, initially enhanced by the OBBBA.
For the comparisons of the current 2026 amounts and 2027 projections, click HERE: https://www.fuoco.cpa/projected-federal-2027-income-tax-brackets/