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 new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.

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

Americans are getting bigger-than-usual tax refunds this year, with an estimated $90 billion to $100 billion increase in ...

For millions of Americans approaching or enjoying retirement, 2026 brings a wave of financial adjustments that will reshape ...

New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement income & Social Security.

Union Budget 2026 countdown begins: Explore expectations for tax cuts, divestment, and economic growth. Stay updated on key announcements!

Results Summary Change Change vs Dollars in millions (except per vs 4Q25 3Q25 3Q25 share data) 2025 2024 2024 6,501 7,548 -1,047 Earnings (U.S. GAAP) 28,844 33,680 -4,836 Earnings Excluding Identified ...

Giverny Capital reports a 12.58% net return for 2025, trailing the S&P 500 Index. Explore our latest portfolio adjustments ...

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 ...

Explains how Budget 2026–27 restructures tax provisions to reduce compliance burden and improve taxpayer experience. Highlights key exemptions, procedural simplifications, and enforcement ...