Tax News for Physicians and Dentists
IRS has released tax year 2026 inflation adjustments
The IRS has published its annual inflation adjustments for tax year 2026, including changes made by the 2025 federal budget law commonly called the One Big Beautiful Bill Act. Physicians and dentists should check how the adjusted brackets and limits affect their income, retirement contributions and estimated payments. Visit the IRS newsroom. Secondary coverage: TSCPA summary.
Internal Revenue Bulletin 2026-36 released
The IRS has released Internal Revenue Bulletin 2026-36, which publishes official tax guidance. Some guidance in bulletins affects retirement plans and business deductions. Read the bulletin itself for the details that apply to your practice. Coverage of the release.
What to watch next
- Estimated tax: The Q4 2026 estimated tax payment for individuals is due January 15, 2027. See our compliance calendar.
- Retirement plan year-end: Contribution decisions for 2026 should be made before the plan deadlines. See physician retirement planning.
News items are general information and are not tax advice. Verify all figures and deadlines on irs.gov and consult a qualified CPA before acting. We add items only after verification and mark the date of each update.