In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file ...

The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump. Here’s a detailed look at what’s changed—and how it might impact you.

The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.

The Brief The proposed "senior bonus" would grant taxpayers 65 and older an added deduction of up to $6,000, on top of existing standard deductions. The deduction would apply to individuals ...

The Conversation U.S. asked Daniel Hungerman, an economist who studies charitable activities and public policy, to explain how these tax policies ... They also depend on whether a donor claims the ...

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and ...