Massive tax changes are coming in 2026 with 3 hidden traps. Move now before you get hurt
Yahoo Finance·2025-12-01 18:00
The One Big Beautiful Bill Act (OBBBA) is a massive re-write of the federal tax code. The legislation offers several new credits and deductions that could potentially lower your tax bill in the year ahead. However, it also includes some traps that could limit or even eliminate the tax savings you enjoy. Many of these changes are coming in 2026, so you still have time to prepare and adjust your spending plans to avoid these pitfalls. Here are the top three traps you should keep an eye on. Must Read Trap ...