January 15, 2026
• Due date for 4th installment of 2025 individual estimated tax. Consult with your CPA if any payments should be made before 12/31.
February 2, 2026
• Due date for employers to provide W-2 statements to employees and file Forms W-2 with the SSA.
• Due date for payers to provide Form 1099-NEC to recipients and to IRS.
• Employers must file 2025 federal unemployment tax returns and pay any tax due.
March 2, 2026
• Payers must file most 1099 Forms (-MISC, -DIV, -K, etc.), 1095-B, and 1095-C with the IRS (April 1 if filing electronically).
• Farmers and fishermen who did not make 2025 estimated tax payments must file 2025 tax returns and pay taxes in full to avoid a penalty.
• Due date for employers to furnish Form 1095-B and 1095-C to employees.
The IRS has released inflation-adjusted figures for tax year 2026, reflecting amendments from the One Big Beautiful Bill Act (OBBBA). The standard deduction rises to $32,200 for married couples filing jointly, $16,100 for single taxpayers, and $24,150 for heads of household. Tax brackets increase as well, including the 37% top rate now starting at $640,600 for singles. See IRS.gov for full inflation and OBBBA rate changes.
New Jersey’s FY 2026 budget raises rates for the supplemental Real Estate Transfer Fee (“mansion tax”) and Controlling Interest Transfer Tax (CITT). Transfers over $1M now carry graduated rates from 1%–3.5%, effective for deeds recorded on or after July 10, 2025. In addition, responsibility for payment shifts from buyer to seller. Homebuyers, sellers, and corporations should review closing costs, contracts, and NJ filings to ensure compliance.
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