News

Trump’s OBBBA adds a temporary $6,000 tax deduction for eligible seniors, lowering taxable income but with limits and ...
The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...
Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...
The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...
Roughly 1.1 million Wisconsin retirees are set to benefit from a new federal deduction that phases out taxes on most Social ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...
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 ...
Like most tax breaks, it has qualifications and an expiration. Here's what you need to know about who qualifies, how much you ...
The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state where affordability is key to ...
Roughly 1.5 million Virginia retirees are expected to benefit from a new federal deduction that phases out taxes on Social ...
Roughly 1.7 million Michigan retirees are expected to benefit from a new deduction that exempts most Social Security income ...