SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California ...

The One Big Beautiful Bill delivers targeted relief to middle-income seniors in a state where rising property taxes.

A major tax overhaul from the Trump administration is poised to reshape financial planning for seniors across the country—and ...

Alabama seniors could see major tax relief starting in 2026 under a new federal law that exempts most Social Security income ...

A new $6,000 tax deduction aims to ease the financial burden on seniors, but not all Americans will benefit equally. Discover who qualifies for this temporary relief and who might be left behind.

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...

Roughly 3.3 million New York retirees will see their Social Security income shielded from federal taxes starting in 2026 ...

In total, fewer than 24% of all current Social Security recipients will see a reduction in taxable income directly due to the new law. According to the CBPP, this falls far short of Trump’s campaign ...

For 2025, single filers can claim a standard deduction of $15,750, while married couples filing jointly can claim a standard ...

The “One Big Beautiful Bill” introduces major tax changes affecting Social Security, overtime pay, car loan interest, and 529 education plans.

CPAs and advisors are warning clients to maximize their charitable deductions before year-end. That’s because the massive tax and budget legislation known as the One Big Beautiful Bill Act, which ...

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.