Individual income taxation

Among other changes, the guidance explains that bronze and catastrophic plans are considered HSA-compatible under Sec. 223.

During a session at the AICPA National Tax Conference, the national taxpayer advocate said the IRS will start applying first-time abatements automatically next year.

The IRS also is updating some income tax forms and instructions to help taxpayers claim the deductions.

The IRS published annual inflation adjustments for more than 60 tax provisions for tax year 2026, in addition to changes to the standard deduction for tax year 2025.

In its list of high-cost and low-cost localities, the IRS kept per diem rates for travel, meals, and incidental expenses unchanged for the new annual period starting Oct. 1.

The list has a variety of occupations that customarily receive tips, including bartenders, dancers, and digital creators.