MICHAEL J. CAPOBIANCO, AAMS, EA
BUSINESS & TAX CONSULTING
TEL/FAX: 347-374-4018
EMAIL: IBTAXMAN2@AOL.COM
This page was last updated: December 2, 2025
2026 PLAN CONTRIBUTION AND BENEFIT LIMITS
Quick Strategies to Improve Business Cash Flow
- Analyze Accounts Receivable, Consider charging late fees or offering early payment discounts to get cash in quicker
- Stretch Accounts Payable to the limit - take advantage of terms
- Use Caution with credit cards and lines of credit
- Review and reduce expenses
- Review and analyze revenues and increase where possible
We can assist with Budgetary & Cashflow Projections
TYPE 2026 2025 CHANGE
401K & 403B $24,500 $23,500 $ 1000
CATCH-UP $8,000 $7,500 $ 500
457 DEFFERALS $24,500 $23,500 $ 1000
IRA LIMIT $7,500 $7,000 $ 500
CATCH-UP CONTRIBUTIONS $1,100 $1,000 $ 100
ROTH AGI LIMIT MFJ $246,000 $240,000 $ 6,000
ROTH AGI OTHERS $165,000 $161,000 $ 4,000
SIMPLE PLAN LIMIT $17,000 $16,500 $ , 500
CATCH-UP CONTRIBUTIONS $ 4,000 $ 3,500 $ 500
SS TAXABLE WAGE BASE $184,500 $ 176,100 $ 8,400
MAX OASDI TAX $ 11,439 $ 10,919 $ 520
SOCIAL SECURITY EARNINGS LIMIT UNDER FULL RETIREMENT AGE
$ 24,480 $ 23,400 $ 1,080
STANDARD DEDUCTION
SINGLE/MARRIED FILING SEPARATE $15,750 $15,000 $ 750
HEAD OF HOUSEHOLD/SURVIVING SPOUSE $ 23,625 $ 22,500 $ 1,125
MARRIED FILING JOINT/SURVIVING SPOUSE $31,500 $ 30,000 $ 1,500
ANNUAL FEDERAL GIFT TAX EXCLUSION $ 19,000 $ 19,000
ESTATE TAX EXCLUSION (FEDERAL) $ 15,000,000 $ 13,990,000 $ 1,010,000
ESTATE TAX EXCLUSION (NEW YORK STATE) $ Pending $ 7,160,000
Disclaimer: Please verify the above prior to making any tax decisions.
