OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...
Is your income tax bill bigger than expected? Here's how you should prepare for next year.
You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The U.S. Congress’s passage of the One Big Beautiful Bill Act (H.R. 1 of 2025) introduced several new sections to the U.S. Tax Code aimed at reducing the tax burden on workers. For restaurants, hotels ...
Many taxpayers could see bigger refunds in 2026. From average refund amounts to delays, deductions, and credits, here’s what ...