New $6,000 senior deduction offers an ‘incredible, valuable opportunity,’ CPA says: How to make the most of it

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The new $6,000 senior deduction offers a potential tax savings of up to $12,000 per year for four years, according to a CPA, calling it an 'incredible, valuable opportunity'.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for four years.

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Original article published by CNBC on January 18, 2026.
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