Tax Preparation Archives - Eric S. Degen, CPA Titan Accountancy

Tax year 2026 brings a number of important changes for individual taxpayers. Inflation adjustments have increased many familiar tax thresholds, while recent tax legislation has made other provisions permanent, expanded certain deductions and credits, and introduced new planning opportunities. The rules discussed below apply to income earned during 2026 and generally reported on tax returns

As the year comes to a close, it’s the perfect time for business owners and individuals to start organizing their financial documents and preparing for tax season. Proper preparation ensures a smoother and less stressful experience when working with your accountant. Here are some key tips to help you get ready for tax time. Organize