Monthly Archives: October 2025
Big changes are coming for Americans age 65 and older on their 2026 tax returns. The recently enacted “Big, Beautiful Bill” (GOP tax package, July 2025) introduces a major new $6,000 bonus deduction for seniors, available from 2025-2028. On top of this, the IRS has also announced its annual inflation adjustments for 2026, increasing both […]
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