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.
Instead of bolstering relief to help families access critical public goods and services, Republicans in Congress are pushing policy changes to help the rich keep or grow their wealth. A fierce tax ...
Taking deductions when filing your taxes can reduce the amount you owe. But there are two different ways to claim deductions, and the one you choose can impact how much you save. The far more common ...
Standard Deduction EXPLAINED: When it comes to understanding your income tax liability in India, one simple and often overlooked tool that can significantly reduce your tax payable is the standard ...