Tuffy & Associates

02/04/2026

Big Tax Changes for 2026 — Here’s a Quick Breakdown

New federal tax updates are set to take effect in 2026, and they could impact families, retirees, and small business owners. As clients of Tuffy & Associates, we believe you should know about these changes as the tax return deadline approaches.

Here are a few to be aware of:

✔️ Higher standard deductions across all filing statuses
✔️ Child Tax Credit increases to $2,200
✔️ Expanded Child & Dependent Care Credit for working families
✔️ Higher AMT exemptions, reducing exposure for many taxpayers
✔️ Increased SALT deduction cap for married couples
✔️ Nearly doubled estate & gift tax exemptions
✔️ New additional standard deduction for seniors

The above changes may affect withholding, retirement strategies, and long-term tax planning. You can read more about it in a link that is posted in the comments section. Or feel free to email us at [email protected] if you need assistance.

12/15/2025

Are you ready for major changes to your 2026 taxes? Our latest blog breaks down what individuals and families need to know before the next filing season.

From updated tax brackets and higher standard deductions to expanded child and dependent credits as well as important retirement and planning strategies, these updates could affect your refund and your financial planning.

Whether you’re filing a personal return or managing a small business, staying ahead of these changes is crucial. We’re here to help if you have questions.

👇 Read more below

Stay informed on 2026 tax updates, including new tax brackets, credits, and key changes that may affect you, your family or small business.

11/06/2025

We are hiring. Please see our ad on the Aisling Center website. If you know of a suitable candidate, email [email protected].

https://aislingcenter.org/2025/11/06/tax-accounting-assistant-wanted-accounting-tax-firm-yonkers-ny/

03/12/2025

Have you completed your tax returns yet? Here are some tips in our latest blog post that may help you save some money.

Tax write-offs are used by millions of American each year. Learn about the 5 ways that you can reduce your tax bill.

01/20/2025

Get a leg up on filing your taxes this year with our easy-to-follow tax prep checklist. Check it out in our latest blog post below.

Stay organized this tax season with our comprehensive tax prep checklist, including expert tips on how to avoid last-minute stress.

12/19/2024

The 2024 tax return season is around the corner. Here are some things you should be thinking about as you gather the appropriate paperwork together for your tax filing.

Preparing for the upcoming tax season means being aware of the various tax brackets, the child tax credits and more.

11/21/2024

With year's end fast approaching, it might be a good time to do an accounting checklist of your business finances. See the 8 tips that we recommend below.

https://www.tuffyassociates.com/a-year-end-accounting-checklist/