The One Big Beautiful Bill Act introduces a temporary $6,000 tax deduction for seniors, aiming to ease financial burdens.

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...

Roughly 1.1 million Wisconsin retirees are set to benefit from a new federal deduction that phases out taxes on most Social ...

Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...

The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The tax cuts were significant, but they weren’t the biggest in U.S. history — which was a phrase Trump has often used to inaccurately describe his 2017 tax cut law. The 2025 tax cuts rank either third ...

Alabama’s senior citizens could see meaningful tax relief beginning in 2026, thanks to the One Big, Beautiful Bill. Passed ...

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

The One Big Beautiful Bill targets middle-income seniors in a state where fixed incomes increasingly strain retirees.

Roughly 600,000 retirees in Oklahoma are expected to benefit from a new federal deduction that exempts most Social Security ...