Aug 7, 2026
In this episode:
- Inflation-indexed IRS deductions, credits, and thresholds for 2026.
- Non-indexed thresholds that haven't changed in decades (e.g., home sale gain exclusion).
- New above-the-line charitable deduction for non-itemizers.
- Rules for deducting donated vehicles.
- Conservation easements and farmland preservation.
- Tax treatment of donated timeshares and vacation home rentals.
- Qualified opportunity zone capital gains deferment.
- Health insurance marketplace premium tax credit pitfalls.
- Upcoming tax filing deadlines.
- IRS interest vs. penalty abatement rules.