(NEXSTAR) — Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a few weeks, there could be signs of additional support.

In the fall, the IRS typically announces changes that will impact how you file taxes at the start of the next year. That can include changes to tax provisions — more than 60 updates were announced last year — and, potentially most significant to you, the tax brackets.

We already know the tax brackets that apply to this year, and thereby the taxes you’ll be filing early next year, but the IRS has yet to announce any changes for the 2026 tax year.

Nonetheless, the latest projections from Bloomberg Tax suggest we could see the brackets shift again. The brackets determine the portion of your income that is taxable after the standard deduction or itemized deductions are subtracted.

Bloomberg’s report estimates that all seven tiers of the IRS’s tax brackets will see a bump in 2026.

It’s important to remember that the 2026 projections are just that: projections. The IRS isn’t expected to release the actual updates to tax provisions until October or November. If the tax brackets do change as expected, you’ll likely also see a larger paycheck in 2026.

We do know some of the additional modifications taking effect next year that could impact your taxes. That includes no tax on tips and overtime, changes to the child tax credit, and a tax deduction for seniors.

In 2026 and 2027, taxes will be due on April 15.

(NEXSTAR) — Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a few weeks, there could be signs of additional support.

In the fall, the IRS typically announces changes that will impact how you file taxes at the start of the next year. That can include changes to tax provisions — more than 60 updates were announced last year — and, potentially most significant to you, the tax brackets.

We already know the tax brackets that apply to this year, and thereby the taxes you’ll be filing early next year, but the IRS has yet to announce any changes for the 2026 tax year.

Nonetheless, the latest projections from Bloomberg Tax suggest we could see the brackets shift again. The brackets determine the portion of your income that is taxable after the standard deduction or itemized deductions are subtracted.

Bloomberg’s report estimates that all seven tiers of the IRS’s tax brackets will see a bump in 2026.

It’s important to remember that the 2026 projections are just that: projections. The IRS isn’t expected to release the actual updates to tax provisions until October or November. If the tax brackets do change as expected, you’ll likely also see a larger paycheck in 2026.

We do know some of the additional modifications taking effect next year that could impact your taxes. That includes no tax on tips and overtime, changes to the child tax credit, and a tax deduction for seniors.

In 2026 and 2027, taxes will be due on April 15.