Big Beautiful Individual Tax Cuts by the One Big Beautiful Bill Part 2
Tax Talk 4 U Big Beautiful Individual Tax Cuts by the One Big Beautiful Bill makes the 2017 tax changes permanent, also Tax deduction on auto loan interest, increase standard deduction $31,500 for joint filers. The senior deduction is an exemption for filers 65 and older allows seniors to claim an additional $6,000. Charitable deductions allows non-itemizers to deduct up to $1,000 (single filers) or $2,000 (married couples) for cash contributions to qualified charities, starting in 2026.
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