The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

A new $6,000 tax deduction for Americans aged 65 and older could significantly boost refunds for millions of seniors. With ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...

The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...

A new federal tax deduction for Americans 65 and older might make a difference that actually matters. Here's what we know.

This tax filing season, taxpayers over 65 years old can claim a new temporary $6,000 "senior bonus" deduction (or $12,000 for ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...