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The Latest Breaking News from OBBBA

This Group Will Likely Benefit the Most From Tax Breaks in 2026

The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is more likely do so more than others.

GOBankingRates

Have You Aligned Your Tax Strategy With These 5 OBBBA Changes?

Individuals and businesses should work closely with their financial advisers to refine tax strategies this season in light of these five OBBBA changes.

Kiplinger

How Will Your Tax Refund Look Under Trump’s Big Beautiful Bill?

Here's how your tax refund may look under the OBBBA.

GOBankingRates

From analysis to the latest developments in health,
read the most diverse news in one place.

I Asked ChatGPT for Trump Policy Impacts in 2026 — 3 Predictions for Middle Class

Trump’s tariffs, tax cuts and Medicaid reductions could raise costs and offer limited middle‑class relief, increasing inflation and financial strain.

GOBankingRates

The “Itemizer Trap”: Why Seniors with Under $40,000 in State Taxes are Switching to the New ‘OBBBA Standard’

For nearly a decade, the “SALT cap” was the bane of retirees living in high-tax states like New York, New Jersey, and California. Capped at...

Saving Advice

IRS 2026 Crackdown: Why Your Bank Is Required to Flag Every Transfer Over $600 This Monday

If you’ve been checking your news feed this week, you’ve likely seen the alarmist headlines: “IRS to monitor all bank transfers over $600 starting Monday.”...

Saving Advice

8 Tax Credits Boomers Miss Because Income Falls in the Middle Zone

If you’re a Baby Boomer navigating the 2026 tax season, you might feel like you’re stuck in no-man’s-land. You don’t have the high-flying income of...

Saving Advice

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7 Filing Status Errors Widows Make the First Year Alone

Losing a partner is one of life’s most devastating transitions, and the last thing anyone wants to think about while grieving is the IRS. But...

Saving Advice

The “Residency Exit” Fee: The Quiet OBBBA Provision That Penalizes Seniors Moving Between States

If you’ve spent the last few years dreaming of trading the snow shovels of New York or Illinois for the sunshine of Florida or Nevada,...

Saving Advice

8 Ways Charitable Giving Can Still Reduce a Late-Winter Tax Bill

It’s mid-January, and while the holiday “giving season” is technically over, the “saving season” is just beginning. If you’re looking at your preliminary 2026 tax...

Saving Advice

The SNAP Purge: Why 800,000 Seniors are Losing Food Benefits Under the New OBBBA Work Rules

For decades, the Supplemental Nutrition Assistance Program (SNAP) has operated on a simple promise: if you are an older adult on a fixed income, you...

Saving Advice

The OBBBA Property Trap: 5 Reasons You No Longer Truly Own Your Family Home

Homeownership used to feel like planting a flag in the ground and saying, “This is mine.” Today, that flag feels more like a sticky note with conditions attached. Between layers of regulations, rising compliance costs, and policies wrapped in friendly-sounding language, the idea of truly owning your family home is…

Everybody Loves Your Money

What Changed on January 1: Check Out These Opportunities Created by the New Tax Law

A deep dive into the One Big Beautiful Bill Act (OBBBA) reveals key opportunities in 2026 and beyond.

Kiplinger

The OBBBA has a significant tax change for founders tucked away inside, lifting the cap to $75 million with many opportunities to turbo-charge business

The QSBS reforms in the OBBBA are more than just tax tweaks—they’re a strategic invitation to growth, raising capital and exiting.

Fortune

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Kiplinger

Seven Moves for High-Net-Worth People to Make Before End of 2025, From a Financial Planner

It's time to focus on how they can potentially reduce their taxes, align their finances with family goals and build their financial confidence for the new year.

Fortune

New 2026 tax brackets are here: What higher thresholds and a bigger standard deduction mean for paychecks and the top 1%

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at higher incomes.

GOBankingRates

4 Ways To Get the Most from Trump’s Below-the-Line Tax Deductions

Trump’s One, Big Beautiful Bill Act (OBBBA) revamps the U.S. tax code with major deductions. Read about the SALT cap hike, auto loan interest breaks and more.

GOBankingRates

3 Ways To Maximize Your Tax Deduction If You’re Itemizing for 2025

President Donald Trump's One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For...

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Fortune

This ‘economic sugar high’ won’t last, CRFB warns, touting analysis predicting long-term stagnation and $600 billion in annual borrowing through 2028

“An economic sugar high doesn’t mean sustained growth,” says the Committee for a Responsible Federal Budget. This happened in 2017, too, it notes.

GOBankingRates

What Trump’s New Tax Law Means for Upper-Middle-Class Families Beyond 2025

The One Big Beautiful Bill Act (OBBBA) made plenty of changes to the tax law. If you earn six figures, watch out for these tax law changes.

Saving Advice

New Legislation Coming This Month That Could Affect Your Estate Plan

You’ve probably heard a lot of buzz on the internet about President Donald Trump’s “One Big Beautiful Bill Act” (OBBBA). The bill officially takes effect...

Benzinga

3 Stocks To Sell Now That Trump's Big Beautiful Bill Is Law

Clean energy investors weren't exactly celebrating Christmas in July when President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law over the 4th of July holiday weekend.

Reason

3 of the Worst Examples of Military Spending in the 'Big, Beautiful Bill'

It spends $34 billion to subsidize shipbuilding, supply chains, and drone technology.

People

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