For seniors across the country, perhaps the most noteworthy aspect of the new bill is the additional deduction for this demographic. Taxpayers who are 65 or older can now claim an additional $6,000 as ...

Even after President Donald Trump’s megabill was passed, Social Security benefit taxes look the same as they did in the 1980s ...

President Trump's fiscal policies have always been a focal point of his administration. In his 2024 campaign, he promised to eliminate income taxes on Social Security benefits. However, the newly ...

Employers are responsible for providing statements for workers to claim federal income tax deductions on overtime compensation.

Donald Trump’s big sweeping spending bill included a sweetener for many seniors across America. Individuals over the age of ...

New federal law could save Mississippi retirees thousands in taxes — but the benefit is set to expire in 2028.

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

A new temporary tax deduction for seniors offers relief, but it’s not a direct cash payment. Knowing the rules is key to ...