A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

The Internal Revenue Service (IRS) is implementing a series of significant modifications to tax forms, particularly affecting individuals over 65. These changes, set to appear in upcoming tax filings, ...

A new tax law provides a $6,000 deduction for taxpayers 65 and older, potentially eliminating federal taxes on Social Security benefits for millions. Learn if you qualify.

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

Older Americans are heading into tax season with a rare piece of good news: a fresh $6,000 deduction designed to shrink how much of their Social Security ends up taxed. The new break, created as part ...

The IRS offers special tax breaks for seniors that can save you thousands as you get older. Many older Americans miss these deductions simply because they don’t know about them. Whether you’re retired ...