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.
If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...
When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...
Discover some top 2026 tax strategies. These income timing, retirement planning and smart investing moves could help cut ...
Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.
A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering potential savings for retirees 65 and older.
For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...
(WSPA) – The Treasury Secretary has said many Americans will see a very large refund this tax season and tax experts we spoke with don’t disagree. 7NEWS Here to Help breaks down how the new tax rules ...
New tax code changes could affect refunds for tipped workers, overtime earners, seniors and some car buyers filing their 2025 ...
It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...