Seniors to Receive Larger Standard Deduction Under New Tax Law

Mega Doctor News Texas Border Business / Mega Doctor News The “One, Big, Beautiful Bill Act” (OBBB), signed into law on July 4, 2025, introduces a significant new benefit for older taxpayers who claim the standard deduction. According to the law, “for years 2025 through 2028, taxpayers age 65 and older can claim an additional … Continue reading Seniors to Receive Larger Standard Deduction Under New Tax Law