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The U.S. Bureau of Labor Statistics reported that consumer prices rose 0.6% in September 2026 and 3.7% over the previous 12 months. These are national averages—your own expenses may have changed differently.
Three things to review now
1. Revisit your budget. Compare current costs with earlier months. Look at recurring bills, transportation, supplies, and other expenses that affect your household or business.
2. Keep business records organized. Save invoices and receipts, and track business income and expenses consistently. Good records help you understand your finances and support the information reported on a tax return.
3. Plan before you need help. If your income, business activity, or expenses have changed, a conversation now can help you identify what information to gather and what support you may need.
Rising costs do not automatically change your tax obligations, but they are a good reason to take a fresh look at your finances.
Want to review your next steps? Contact T&J Tax Service to discuss your situation and the services available.