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 ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

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, ...

Six million California seniors stand to benefit from a sweeping federal tax break that exempts Social Security income, part ...