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 enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

The 2026 tax season kicks off this week as the Internal Revenue Service begins accepting the first of what is expected to be ...

"No Tax on Overtime" – Do You Qualify?

Being prepared prior to filing your return is the best way to ensure that your tax return is processed speedily and you receive the maximum refund possible.

It turns out that, among the largest 10 companies in the S&P 500 SPX healthcare sector by market capitalization, there are majority buy or equivalent ratings on nine of them, and UNH is tied with ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

This filing season is notable because it introduces several new tax law provisions homeowners need to be prepared for.

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...