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.

As 2026 nears, a new law known as the One Big Beautiful Bill introduces three tax breaks for U.S. retirees, offering opportunities to lower taxes through new deductions and incentives, including ...

You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. In the U.S., ...

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. The ...