A new $6,000 tax deduction for seniors takes effect next year as part of Trump’s signature tax law.
A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...
Older Americans are about to get a targeted new tax break that makes it easier to shield Social Security benefits from federal income tax. A fresh "senior bonus" deduction of up to $6,000 per person ...
An emergency bill passed in Washington, DC, axing key tax breaks touted in the One Big Beautiful Bill Act for its residents highlights why Americans should pay attention to state tax laws, experts ...
A United States Treasury government check rests on top of a Social Security card. The Social Security Administration (SSA) issued a press release and an email to tens of millions of Americans claiming ...
Rising property tax bills have been a rallying cry for homeowners across the country. But no one has been hit harder by this growing burden than seniors, many of whom have struggled to meet the ...
WE ARE STILL MONTHS AWAY FROM TAX SEASON, BUT IT’S NEVER TOO EARLY TO BE PREPARED FOR THE CHANGES THAT ARE ON THE WAY. AND THAT INCLUDES CHANGES TO CHILD TAX CREDITS AND SOME UPDATES FOR SENIORS. SO ...
Congress is nearing a decision on how close its tax-and-spending megabill can get to President Trump’s promise of “no tax on Social Security.” Trump is still saying Social Security benefits won’t be ...