Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on February 1. With nil tax up to Rs 12.75 lakh already in place, taxpayers are ...
WICHITA, Kan. (KSNW) – Kansas Republican Ron Estes announced on Tuesday that he filed for re-election to the U.S. House.
The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the ...
Bigger tax refunds could be coming in 2026 due to changes enacted in President Donald Trump's "big beautiful bill." Here's ...
He reiterated a bullish call on low-end consumer sensitive stocks, citing "One Big Beautiful Bill fiscal spending/tax cuts, ...
Kantrowitz estimates that almost 11 million borrowers will be in default by the end of March 2026. By his estimate, some 1.6 ...
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
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.
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Tax deductions seniors 65+ can grab in 2025 and 2026
For Americans 65 and older, the 2025 and 2026 tax years are unusually generous. A new senior-focused deduction stacks on top ...
Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans' One Big Beautiful Bill ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The One Big Beautiful Bill (OBBB) Act that President Trump signed into law last July implemented multiple changes to the tax code, including for seniors. One notable change is a new $6,000 deduction ...
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