Taxes

2026 Tax Season Brings Financial Relief for Seniors

Taxes January 27, 2026 

2026 Tax Season Brings Financial Relief for Seniors

The One Big Beautiful Bill Act increased inflation adjustments for the standard deduction, and a new bonus senior deduction will allow tens of millions of seniors to save hundreds of dollars on their taxes this year.

Massachusetts Governor Seeks to Delay Federal Tax Cuts

Taxes January 27, 2026 

Massachusetts Governor Seeks to Delay Federal Tax Cuts

Democratic Gov. Maura Healey is seeking to blunt the impact to state coffers from changes to the federal tax code under President Donald Trump’s new tax cuts and policy law, but business groups say the move would hurt Massachusetts’ competitiveness.

Welcome to Tax Season 2026

Taxes January 26, 2026 

Welcome to Tax Season 2026

The IRS today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.