For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

These are some of the key tax changes in President Donald Trump’s "big beautiful" bill and how the current law compares to ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.

A new tax deduction offers significant relief for American taxpayers aged 65 and older, providing up to $6,000 per individual. This initiative, signed into law by President Donald Trump, aims to ease ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...