As the calendar year draws to a close, business owners must stay vigilant about the financial landscape and how it impacts their operations. The Internal Revenue Service (IRS) recently released its inflation adjustments for tax year 2025, which will significantly affect your financial planning and tax obligations when you file your returns in 2026. At Robert E. Mackey CPA LLC, we understand that navigating tax regulations can be daunting, so we’re here to provide you with essential insights on these changes.