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.

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

The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state with rising property taxes and ...

Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

Roughly 1 million South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social ...

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

Employers are responsible for providing statements for workers to claim federal income tax deductions on overtime compensation.

At first glance, President Trump's claim of "no tax on Social Security" sounds like a sweeping victory for retirees. In a ...

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

President Donald Trump pledged 'zero taxes' on Social Security benefits for seniors, claiming fulfillment through the 'One ...

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