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

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

The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...

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

Delaware’s senior citizens are among those set to benefit from the One Big Beautiful Bill, a federal tax overhaul passed ...

Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

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 ...

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

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

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

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