Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...

Perhaps the most noteworthy aspect of the OBBB is the new deduction for seniors across America. Taxpayers who are 65 or older ...

Retirees may need to adjust their financial plans in light of changes introduced by the recently passed Big Beautiful Bill ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential changes ahead?

Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...

President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

Even after President Donald Trump’s megabill was passed, Social Security benefit taxes look the same as they did in the 1980s ...

New federal law could save Mississippi retirees thousands in taxes — but the benefit is set to expire in 2028.

A group of Pennsylvania legislators is taking action to address the alarming rise in online child exploitation by introducing ...