Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...

Seniors 65+ may benefit from a $6,000 tax deduction in 2025 under the OBBBA, easing financial pressure on retirees.

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, ...

Older taxpayers increasingly targeted by digital fraud schemes; experts urge caution ahead of 2025 tax season.

See which five states offer seniors the biggest benefits from the Big, Beautiful Bill—and how these changes could improve ...

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 IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep." ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.