Big tax changes arrive in 2026 — watch for these 3 hidden traps before it’s too late

Tax planning tips for 2026 OBBBA changes: New tax law, the One Big Beautiful Bill Act, brings changes in 2026. Seniors over 65 can claim extra Social Security deductions, but income limits apply. The SALT deduction cap rises significantly, benefiting high-income earners in certain states. However, charitable donations now have a floor, limiting deductible contributions for many.