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

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

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

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

President Donald Trump’s ‘One Big Beautiful Bill’ offers to bring widespread tax relief for senior citizens. Signed into law on July 4, the act introduces a measure to provide significant tax ...

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

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

President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

A new temporary tax deduction for older Americans, dubbed the “senior bonus,” is now in effect but financial experts say eligibility depends largely on your income.