We are now entering the last quarter of 2026. Hard to believe the summer is quickly becoming a memory.
Sept 15th is fast approaching – third quarter
estimates are due
Oct 15th – deadline for filing 2025 taxes with
extensions filed
Some changes for 2026 filers – YOU MAY BE ABLE TO
ITEMIZE “AGAIN”
Areas to consider when collecting your info and/or items to review before year end:
Maximize your state and local tax deduction
($40,000. limit in 2026)
Prepay property taxes before Dec 31
Consider an auto purchase for a sales tax claim
Increase your charitable giving in 2026
Roll multiple years’ giving into one year
Qualified interest expense includes home mortgage
interest & interest paid on US Sourced auto loans
THE TOTAL OF THESE DEDUCTIONS MAY ENABLE YOU
TO ITEMIZE ‘AGAIN’
The standard deduction rates for 2026 are:
SINGLE $16,100.
MARRIED JOINTLY 32,200
HEAD HOUSEHOLD 24,150.
- Extra deduction of $6,000.; Age 65+
PRE-TAX PLANNING THIS YEAR MAY LOWER YOUR TAX BILL CONSIDERABLY