The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

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

In a bid to offer more financial relief to older Americans, a new tax initiative is set to benefit seniors aged 65 and older. Known as the “Senior Bonus,” this additional $6,000 tax deduction, ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...

The IRS said it expects 164 million individual tax returns to be filed.

Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...