New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement ...

It's important not to conflate the tax break with a change to Social Security that didn't happen.

When the One Big Beautiful Bill Act (OBBBA) was signed into law in 2025, there was one provision that got a ton of attention ...

The new senior tax deduction is worth up to $6,000 for qualifying single adults and up to $12,000 for married couples. There ...

The new senior tax deduction is available to seniors age 65 and older, regardless of whether they itemize deductions. All seniors hoping to claim this deduction must include their Social Security ...

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say. Subscribe to read this story ad-free Get unlimited ...

Mileage deductions can add up to significant savings for taxpayers. Self-employed workers and business owners are eligible for the largest tax-deductible mileage rate. Mileage can be deducted for ...

It’s a tax break that fewer and fewer homeowners are taking ...