#tax season
2026 Tax season brings needed financial relief for seniors
In addition to the existing standard deduction, filers who are age 65 and older can qualify for a new senior bonus deduction of up to $6,000 for individuals and $12,000 for married couples. This deduction is targeted to lower- and middle-income retirees and will help tens of millions keep more of their income.
IRS Warns Against Phone Scams
As the April tax filing deadline approaches, the Internal Revenue Service is warning taxpayers to stay alert to tax time phone scams. According to the IRS, these scams involve aggressive criminals posing as IRS agents aiming to steal money or personal information. Phone scams or “vishing” (voice phishing) has cost thousands of people millions of […]
