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Scammers have been known to take advantage of people’s kindness and generosity. Whether it’s creating a fake charity or encouraging the use of inaccurate estimates for donated property, taxpayers should be aware and proceed with caution. Let’s explore these common scams and schemes around charitable donations that were part of the 2026 Dirty Dozen list. Fake charities: After a disaster or tragedy, scams of all kinds often increase. A common one is when fraudsters create fake charities to...

IR-2025-111, Nov. 13, 2025 WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025. The IRS today also issued technical guidance regarding all cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2026 in Notice 2025-67, posted today on IRS.gov. Highlights of changes for 2026 The annual contribution...

Saving for retirement remains a top priority for many Americans, and the government’s annual adjustments to retirement account contribution limits can have a big impact on your financial planning. For 2026, the 401(k) contribution limit is increasing to $24,500, while the IRA limit rises to $7,500. These changes offer a valuable opportunity to boost your retirement savings. This post breaks down what these increases mean, who benefits, and how you can make the most of them. Retirement...