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Early Tax Planning for 2027: Insights from Bloomberg Tax

In a significant move for tax professionals, Bloomberg Tax & Accounting has unveiled its projected U.S. tax rates for 2027, revealing a notable increase of 3.2% in inflation compared to the previous year’s 2.7% rise. Released on September 11, 2026, this annual report proves essential for tax experts who require timely information to assist their clients efficiently.

The 2027 Projected U.S. Tax Rates Report not only anticipates potential tax savings stemming from increased deduction limits and adjustments to tax brackets but also highlights various adjustments made under the transformative One Big Beautiful Bill Act (OBBBA). As uncertainty looms in the realm of tax policy, tools like this report are vital in helping tax professionals navigate through a complex landscape rife with changes.

Tax professionals have had to grapple with fluctuating policies, making the ability to plan effectively more crucial than ever. Evan Croen, the head of Bloomberg Tax & Accounting, emphasized the importance of providing trusted projections before official releases, thereby enabling professionals to act promptly and focus on impactful decisions rather than sifting through outdated information.

The report's insights are directly integrated into Bloomberg Tax's innovative suite of software solutions, including Bloomberg Tax Provision, Bloomberg Tax Fixed Assets, and Bloomberg Tax Workpapers. This integration exemplifies the power of merging expert insights with advanced technology to modernize corporate tax processes from data collection to calculation.

Key Adjustments

The projections outline several significant changes for different filing statuses. Below, we summarize the adjustments to income tax rate brackets for both married persons filing jointly and unmarried individuals:

Married Filing Jointly Tax Brackets

• - 2026: 10% on income up to $24,800
• - 2027: 10% on income up to $25,600

• - 2026: 12% on income over $24,800 up to $100,800
• - 2027: 12% on income over $25,600 up to $104,050

Unmarried Individuals Tax Brackets

• - 2026: 10% on income up to $12,400
• - 2027: 10% on income up to $12,800

• - 2026: 22% on income over $50,400 up to $105,700
• - 2027: 22% on income over $52,025 up to $109,125

Standard Deduction Changes

There are also changes in the standard deduction amounts:

• - Married Filing Jointly: 2026: $31,500, 2027: $33,200
• - Heads of Household: 2026: $23,625, 2027: $24,925
• - All Other Taxpayers: 2026: $15,750, 2027: $16,600

The Future of Tax Planning

This proactive approach to tax reporting from Bloomberg Tax underscores the commitment to empowering tax professionals in their decision-making process. The efficiency with which these new rates and adjustments can be accessed demonstrates the shift toward a more data-driven, technology-enabled approach in tax strategy and compliance management.

In summary, as the landscape of taxation continuously evolves, leveraging tools and resources like Bloomberg Tax's projections is crucial for professionals aiming to deliver value to their clients amidst uncertainty. The information provides a springboard for effective planning, ensuring that those in the tax profession are better equipped to handle the challenges that lay ahead in 2027 and beyond.