Texas retirees are set to benefit from a major federal tax change aimed at easing financial pressure on older Americans.

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from ...

Roughly 1.7 million Michigan retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 300,000 Nebraska retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

The staggered nature of President Donald Trump’s One, Big, Beautiful Bill Act means its full impact will not be seen for ...

The BBB's new senior deduction is only available to adults 65 and older. High-income seniors won't be eligible to claim it.

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

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

Roughly 100,000 Alaskan retirees stand to gain from the new federal senior tax deduction, which exempts most Social Security income starting in 2026. With high living costs and rural challenges, ...

Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...

Members of the senior community, financial and real estate sector, and business owners expect a boost to taxpayers and the ...