The new "Trump tax bill," as the BBB is also called, raises each of the 2025 standard deduction amounts from anywhere between ...

The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, introduces a new $6,000 tax deduction for seniors.

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...

The tax-and-spending bill includes several provisions that could have significant effects on your tax refunds come April – ...

This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of its annual inflation adjustments. For 2026, the additional standard ...

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...