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The One Big Beautiful Bill Act will usher in some big benefits for some

By Mark Huffman Consumer News: How 2026 redefines the US tax landscape of ConsumerAffairs
January 5, 2026
  • Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, including expanded deductions and extended lower rates.

  • Inflation adjustments shift tax brackets and deductions upward, helping taxpayers keep more of their income while many existing credits are recalibrated.

  • Targeted deductions and credits reshape planning, including limits on charitable gifts, expanded SALT deductions, and new age-based relief.



Taxpayers are no doubt working to get ready to file their 2025 tax returns, but its not too early to review some of the tax changes taking place in the 2026 tax year. With the turn of the calendar and a landmark tax overhaul now in effect, millions of Americans are poised for one of the most consequential shifts in federal taxation in years.

The One Big Beautiful Bill Act (OBBBA), signed into law in 2025, combined with routine IRS inflation adjustments, has reshaped the federal tax code for tax year 2026 the year taxpayers will file returns in 2027.

For most taxpayers, the first noticeable changes will be the higher standard deduction and adjusted tax brackets. The IRS has raised income thresholds across all filing statuses to account for inflation, meaning more income is shielded from higher marginal tax rates.

For example:

  • Standard deductions have increased offering broader tax relief to families and individuals compared with prior years.

  • Seven tax rates remain for 2026, from 10% to 37%, but the income ranges attached to them have shifted upward.

New and expanded breaks

The OBBBA doesnt stop at inflation tweaksit restructures many substantive elements of federal taxes:

  • Expanded SALT deduction: Taxpayers in high-tax states now have a much larger cap on state and local taxes that can be deducted, boosting breaks for homeowners and high earners.

  • Targeted personal deductions: New limits and credits aim to benefit workers, seniors, and families including a deduction for older Americans and breaks tied to specific income sources like tips and overtime.

  • Charitable giving recalibrated: For the first time in years, standard deduction filers can claim small charitable gifts, but itemizers face a new floor and cap on larger donations.

Together, these structural changes represent some of the most wide-ranging tax reforms since the Tax Cuts and Jobs Act of 2017 a change that will require many taxpayers to reassess year-end planning and withholding strategies.

New rules for business owners

Its not just individuals who are affected. Small businesses and corporations will navigate a mix of permanent and temporary incentives:

  • Extended business provisions: Certain write-offs for capital purchases and research expenditures remain, and some interest expense deductions have broader eligibility.

  • Pass-through deductions: Owners of pass-through entities, such as partnerships and S-corporations, will continue to benefit from longstanding preferences aimed at reducing their tax burden.

These provisions are designed to promote growth and investment, though analysts caution that effective planning will be more complex amid overlapping rule changes.

Planning ahead

Tax professionals emphasize that 2026 wont look like any typical tax year. Beyond inflation indexing and new deductions, taxpayers will encounter targeted policy effects, such as:

  • Sunsetting clean energy credits and EV incentives, adjusting opportunities for taxpayers claiming energy-related benefits.

  • Retirement account and AMT adjustments, recalibrated for inflation and updated statutory limits.

As taxpayers prepare for filing season in early 2027, experts recommend checking withholding allowances, planning charitable gifts strategically, and consulting professionals to take full advantage of the new rules.

Tax software and preparers have already updated forms to reflect these changes but understanding the why and how behind the updates could make a real difference to refunds and tax bills alike.




Posted: 2026-01-05 12:02:02

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More News From This Category
Consumer News: 'Cage-free' eggs may not mean what you think—Here’s how to avoid overpaying
Wed, 06 May 2026 19:07:07 +0000

What the cage-free label really tells you (and what it doesnt)

By Kyle James of ConsumerAffairs
May 6, 2026
  • A new lawsuit claims Aldi may have misled shoppers with its cage-free egg marketing.

  • Cage-free does not mean outdoor access, as most hens are still raised indoors.

  • Knowing how to read egg labels can help you avoid paying a premium for something youre not actually getting.


If youve been paying extra for cage-free eggs thinking chickens are roaming outside, a new lawsuit suggests you may want to take a closer look.

A class-action complaint filed in Chicago accuses Aldi of giving shoppers the wrong impression about its store-brand eggs. According to the lawsuit, packagingand marketing images showing farm scenes and outdoor visualsmay lead consumers to believe the hens have access to an open pasture.

The reality, according to the complaint, is that most cage-free eggs are still produced in large indoor facilities, not outdoor farms.

And that gap between perception and reality is where shoppers may be overpaying as some will grab the carton with a quaint farm image on it thinking the birds live in similar conditions.

What 'cage-free'actually means

Despite the name, cage-free doesnt mean chickens are outside living the farm life.

Under federal guidelines, it generally means:

  • Hens are not kept in cages.
  • They are typically housed indoors in large barns.
  • They may move around, but dont necessarily go outside.

Thats very different from other labels you often see:

  • Free-range = some outdoor access (often limited)
  • Pasture-raised = regular outdoor access with more space

The bottom line is that cage-free is more about housing style, not the birds lifestyle.

Why the Aldi lawsuit matters for shoppers

The Aldi case is part of a growing wave of lawsuits challenging how eggs are marketed.

The core issue is that shoppers are often willing to pay more for products they believe reflect:

  • Better animal welfare
  • Higher quality
  • More natural conditions

But when labels and imagery suggest more than whats actually delivered, consumers may end up paying a premium based on assumptions, not the facts.

Even small price differences add up over time, especially for households that buy eggs weekly.

How to tell what youre really buying

If you want to avoid confusion (and overspending), heres how to read an egg carton the right way:

1. Dont rely on the front of the package. The front is of the carton is all marketing. Be sure to flip the carton over and look for:

  • Clear descriptions of living conditions
  • Certification details

2. Look for third-party certifications. These are more reliable than branding alone:

  • Certified Humane
  • Animal Welfare Approved
  • American Humane Certified

These programs typically require stricter standards than basic cage-free.

3. Understand the key labels

Quick cheat sheet:

  • Cage-free = No cages, usually indoors
  • Free-range = Some outdoor access
  • Pasture-raised = Most outdoor access

4. Ignore the farm imagery. Pictures of things like open fields, red barns, and chickens frolicking outdoorscan create a misleading impression.

How to save money on eggs right now

Egg prices are still volatile, so it pays to be strategic.

1. Dont assume cage-free is worth the premium. For many uses like baking or cooking, buying lower-cost eggs work just as well. Save higher-end eggs for when youll actually notice the difference, like in an omelet or when you scramble them.

2. Compare price per eggnot just the label. Look at:

  • Cost per dozen
  • Cost per individual egg

Start paying attention and youll notice the price difference between conventional and cage-free eggs can be significant.

3. Shop around. Egg prices can vary widely between grocery stores in your town. Be sure to check:

  • Discount grocers
  • Warehouse clubs
  • Local markets

4. Consider local sources. Farm stands and local sellers in your area may offer:

  • Competitive pricing
  • More transparency about how hens are raised

Just be sure to ask and youll often find eggs from pasture-raised hens at prices similar to what youd pay at the grocery store.


Read More ...


Consumer News: More Americans are shopping local—Here’s how to do it without overspending
Wed, 06 May 2026 19:07:07 +0000

The smart way to support local businesses and still save

By Kyle James of ConsumerAffairs
May 6, 2026
  • Consumers, especially Millennials and Gen Z, are spending more at local businesses, with groceries and dining leading the way.

  • The top reason is supporting the local economybut costs can add up quickly if youre not careful.

  • A few simple strategies can help you shop local without blowing your monthly budget.


New data from OnDeck shows that Americans are making more purchases at independent businesses, with the average shopper spending a meaningful portion of their budget locally. This is especially the case with local grocers, which accounts for about 37% of local spending.

Younger shoppers are leading the charge, with Millennials and Gen Z making 25% more purchases from independent stores than older generations. Also, nearly half of consumers say they shop local primarily to support their local economy.

While shopping local can feel good, and often delivers better quality, it can also get expensive if youre not careful. The key is knowing where it makes sense to spend local and where to pull back. Heres how to do it smarter.

Focus on the categories where local gives you the most value

If youre interested in trying to buy more local, consider not shifting everything overnight, as your costs will likely jump quite a bit. Instead, start with categories where local businesses tend to compete well on quality and price.

Your best places to start:

  • Fresh produce
  • Meat and dairy
  • Local restaurants
  • Specialty or handmade items

These are areas where youre often getting:

  • Fresher products
  • Less supply chain issues
  • More unique options

Its a good idea to start by shifting just one category, and see how it works for you, before expanding to others.

Mix local shopping with big-box stores

The smartest approach isnt "all local"or nothing at all. You dont need to choose between local shops and major retailers.Instead, you can use both strategically.

Try this split:

  • Buy staples (paper goods, pantry items) at larger stores
  • Buy fresh or specialty items locally

This will help you:

  • Keep overall costs down
  • Still support local businesses
  • Get better quality where it matters most

Plan ahead (this is where most savings come from)

Convenience is where big retailers win, as they have more selection and sometimes lower prices.

If you dont have a plan when shopping local, youre more likely to:

  • Make extra trips
  • Overspend on impulse items
  • Fall back on expensive last-minute options

What to do instead:

  • Try to plan meals a few days (or a week) in advance
  • Make a shopping list before heading out
  • Allow some extra time to shop local

Treat local shopping like a scheduled trip, not necessarily a last-minute stop where youre likely to overspend.

Watch for hidden markups

Some items, especially at local boutiques, restaurants, and artisan shops, can carry a premium price.

Watch for the following:

  • Smaller portions at higher prices
  • Specialty labels with big markups
  • Impulse buys you wouldnt normally make

When possible, the smart move is to compare unit prices just like you would at a grocery store.

Take advantage of the sidebenefits

Many shoppers tend to overlook that shopping local isnt just about price, its also about the value created.

Youre often getting:

  • Better customer service
  • Higher-quality or fresher products
  • Unique items you cant find elsewhere

And perhaps, even more importantly, the money you spend local tends to stay within your community.


Read More ...


Consumer News: Here are the airlines making passengers the happiest in 2026
Wed, 06 May 2026 16:07:06 +0000

Overall, the industry recorded gains in the latest J.D. Power survey

By Mark Huffman of ConsumerAffairs
May 6, 2026
  • Overall passenger satisfaction with North American airlines rose eight points year over year despite widespread flight delays, cancellations and higher ticket prices.

  • JetBlue Airways, Delta Air Lines and Southwest Airlines ranked highest in customer satisfaction in their respective travel segments.

  • J.D. Power warned that rapidly rising airfare and baggage fees could threaten future customer satisfaction gains.


Despite crowded airports, rising fares and the occasional close call, consumers seem to be fairly pleased with the flying experience. North American airlines improved customer satisfaction scores in 2026, according to the latest J.D. Power North America Airline Satisfaction Study.

The study found overall passenger satisfaction increased by eight points on a 1,000-point scale compared with 2025, with gains recorded across first/business, premium economy and economy/basic economy classes.

J.D. Power said the biggest gains came from premium cabins, where satisfaction among first and business class passengers climbed 17 points. Premium economy satisfaction rose 14 points, while economy and basic economy passengers reported a six-point increase.

Returning to basics

Despite many challenges, the airlines returned to basics of passenger communication, friendly service and providing slightly better value for money compared to past years, said Michael Taylor, senior managing director of travel, hospitality, retail and customer service at J.D. Power.

Taylor cautioned also said that airlines could struggle to maintain those gains as ticket prices and baggage fees continue to rise sharply in 2026. He noted that airfare on some routes has tripled in recent weeks due to higher fuel costs.

According to the report, improved passenger experiences were driven largely by stronger scores for onboard service, smoother day-of-travel experiences and better perceptions of value for the price paid. J.D. Power said airlines focus on customer service and communication helped offset frustration caused by delays and higher costs.

The winners

In the rankings, JetBlue Airways topped the first/business class segment for the second consecutive year with a score of 759. Delta Air Lines ranked second at 750, followed by Alaska Airlines at 720.

Delta Air Lines led the premium economy segment for the fourth straight year with a score of 736. Alaska Airlines placed second at 720, while JetBlue ranked third at 701.

Southwest Airlines ranked highest in the economy/basic economy category for the fifth consecutive year with a score of 670, narrowly edging Delta Air Lines at 667. JetBlue Airways ranked third at 655.

J.D. Power noted that only three points separated Southwest and Delta in the economy/basic economy category, signaling intensifying competition among carriers serving budget-conscious travelers.

The study surveyed 10,914 passengers who had flown on a major North American airline within one month of completing the questionnaire. Research was conducted between March 2025 and March 2026.


Read More ...


Consumer News: UnitedHealthcare pledges to reduce some prior authorization requirements
Wed, 06 May 2026 16:07:06 +0000

The move addresses a major pain point for both doctors and patients

By Mark Huffman of ConsumerAffairs
May 6, 2026
  • UnitedHealthcare says it will eliminate prior authorization requirements for a range of tests, therapies, and outpatient procedures, cutting review volume by nearly one-third.

  • The insurer plans to use AI-driven analytics to identify unusual billing patterns instead of broadly requiring approvals for routine care.

  • The move comes amid mounting criticism of prior authorization practices from physicians, patients, and policymakers concerned about delays in treatment.


One of the biggest criticisms of health insurance companies is the requirement to get prior authorization from the insurance company before undergoing some medical procedures. In some cases, that authorization is denied.

UnitedHealth Group has announced that it will significantly reduce the number of medical procedures requiring authorization.

The company said UnitedHealthcare, the nations largest health insurer, will stop requiring advance approval for a range of services, including echocardiograms, some chiropractic treatments, certain outpatient surgeries, and select outpatient therapies. The changes are expected to reduce prior authorization reviews by nearly 30% later this year.

Source of frustration

Prior authorization has long been a source of frustration for both patients and physicians, who argue the process can delay treatment and add significant administrative burdens. Insurers, however, maintain that the reviews help prevent unnecessary or overly expensive procedures.

UnitedHealthcare CEO Tim Noel said the company is attempting to strike a balance between safeguarding patients and reducing barriers to care.

Prior authorization is an essential safeguard but should only be used when it truly protects patients and improves care, Noel said in a statement.

Why the change

Eliminating these requirements is one more way we are working to make it easier for patients to get the care they need when they need it, and ensure doctors can spend more time with their patients. We are committed to further improving and refining our processes to make reviews quicker, simpler, and more efficient, the company said.

The insurer said it currently requires prior authorization for only about 2% of medical services, with roughly 92% of requests approved within 24 hours.

A key part of the initiative involves expanded use of artificial intelligence and data analytics. Rather than applying broad authorization requirements across categories of care, UnitedHealthcare said it will increasingly use AI tools to identify providers whose billing or utilization patterns appear unusual. Executives emphasized that AI would not be used to deny claims automatically.

The announcement is part of an industry shift. Health insurers, including CVS Healths Aetna and Cigna, have also pledged to streamline prior authorization processes following growing public backlash and scrutiny from healthcare providers and regulators.


Read More ...


Consumer News: Apple agrees to $250 million settlement over delayed Siri AI features
Wed, 06 May 2026 16:07:06 +0000

Affected consumers could receive between $25 and $95

By Mark Huffman of ConsumerAffairs
May 6, 2026
  • Apple has agreed to pay $250 million to settle a lawsuit alleging it misled consumers about AI-powered Siri features that were heavily promoted but delayed or unavailable.

  • Eligible U.S. customers who bought certain iPhone 15 and iPhone 16 models could receive between $25 and $95 per device if the settlement is approved.

  • The case highlights growing scrutiny over how tech companies market artificial intelligence features before they are fully ready.


Apple has agreed to pay $250 million to settle a class-action lawsuit accusing the company of misleading consumers about the capabilities of its AI-enhanced Siri assistant. If approved, it would be one of the largest consumer-related settlements in the companys history.

The lawsuit centered on Apples rollout of Apple Intelligence, the companys artificial intelligence platform introduced alongside the iPhone 16 lineup in 2024. Consumers alleged Apple aggressively marketed a more advanced, personalized Siri experience that was not actually available when the devices launched.

Court filings show the settlement would apply to U.S. consumers who purchased eligible iPhone 15 Pro, iPhone 15 Pro Max, or iPhone 16 models between June 10, 2024, and March 29, 2025.

Depending on how many claims are filed, consumers could receive payments ranging from $25 to as much as $95 per device.

Apple denied wrongdoing but agreed to settle the claims to avoid prolonged litigation. In a statement reported by multiple outlets, the company said it wanted to remain focused on delivering the most innovative products and services to customers.

Why consumers sued

The complaint argued that Apple created unrealistic expectations by advertising Siri features that either arrived much later than promised or had not yet launched at all. Plaintiffs claimed they purchased expensive new iPhones, believing the AI functionality would be immediately available.

The lawsuit also cited findings from the Better Business Bureaus National Advertising Division, which reportedly concluded that Apples marketing language including claims that Apple Intelligence was available now could mislead consumers into thinking the upgraded Siri experience was already active.

Apple did release some AI features over time, including Genmoji, writing tools, and ChatGPT integration. However, the more ambitious Siri overhaul remained delayed, frustrating some customers and fueling criticism that the company announced capabilities before they were ready for users.

What it means for consumers

The settlement could become an important test case for how technology companies market artificial intelligence products.

Consumer advocates say the lawsuit demonstrates the need for clearer disclosures when companies advertise future AI capabilities. As AI becomes a major selling point for smartphones and other electronics, regulators and courts may increasingly scrutinize whether advertised features are fully functional at launch.

For consumers, the case is also a reminder to treat coming soon technology claims cautiously. Many AI tools are still evolving, and companies sometimes announce features months before they are ready for widespread use.

The proposed settlement still requires court approval before payments can be distributed.


Read More ...


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