News

A new temporary tax deduction for seniors offers relief, but it’s not a direct cash payment. Knowing the rules is key to ...
For seniors across the country, perhaps the most noteworthy aspect of the new bill is the additional deduction for this demographic. Taxpayers who are 65 or older can now claim an additional $6,000 as ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
Even after President Donald Trump’s megabill was passed, Social Security benefit taxes look the same as they did in the 1980s ...
New federal law could save Mississippi retirees thousands in taxes — but the benefit is set to expire in 2028.
The One Big Beautiful Bill adds a new tax deduction for seniors, but it may accelerate Social Security’s insolvency by ...
Find out the truth behind the senior $6,000 Bonus in the Big Beautiful Bill, including who qualifies and how much it could ...