For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how ...
For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
A new $6,000 senior tax deduction could wipe out federal taxes for many Americans aged 65 and older. Payment schedules shift.
The deduction applies to the entirety of tax year 2025, which Americans will file returns for in early 2026. Single-filers ...
The White House claims there's “no tax on Social Security,” but the One Big Beautiful Bill doesn’t deliver that. It’s just a ...
Our guest columnist breaks down new provisions that could have an impact on businesses in Maine, especially those that invest ...
DC just suspended major new federal tax breaks, and the move could spark big changes in Georgia’s own tax rules. Here's what ...
Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing ...
State deductions for tips and overtime are not only ineffective at supporting working-class people, it will come at a ...
The Tax Policy Center said that roughly 60% of households with tipped workers will see a tax cut under the new legislation, ...