Every year around this time, different tax scholars apply the past year’s annual inflation rate to those parts of the IRC that require annual adjustments.
The first such announcement that I have learned about for 2016 is from The Tax Foundation. Here is the summary of their calculations:
PDF (4 pages)
Update: IRS Has released its own calculations of the inflation adjustments for 2016:
In 2016, Some Tax Benefits Increase Slightly Due to Inflation Adjustments, Others Are Unchanged
Revenue Procedure 2015-53 with more details (27 page PDF)
Tax Guru - Ker$tetter Letter 