Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
Starting for the 2026 tax season, seniors aged 65 and older can claim an additional $6,000 deduction. Here are all the ...
A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.
The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...
Missouri taxpayers will see several changes this season. Tips and overtime pay are no longer taxed, and seniors 65 and older can claim an extra deduction. Stacey Engle with the IRS says starting this ...
Before filing your tax return, be sure you understand these 14 key tax forms, what they're for, and how they can impact your ...
When filing your taxes, there are ways to minimize your taxable income — commonly known as a tax write-off. While many people have heard of tax write-offs, they may not ...