(The Center Square) - Arizona taxpayers will actually save more than the original estimate of $1.1 billion over the next three years if the Republican majority in the Legislature passes its tax plan, ...

American taxpayers could see the largest tax refunds during the upcoming 2026 tax season, and retirees will also reap the benefits. As a result of the passing of President Donald Trump’s One Big ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans' One Big Beautiful Bill ...

View post: Extreme Cold Is Dangerous for Older Adults—An 18-Year Medical Alert Expert Explains How to Keep Them Safe (Exclusive) OBBB law introduces significant federal tax deduction changes, ...

A new, temporary 'senior bonus' will enable many taxpayers age 65 and older to deduct up to $6,000 in income from their federal returns. You must file a new Schedule 1-A. The new enhanced deduction ...

GULFPORT, Fla. — Some senior citizens may get more money back on their tax returns this year. Seniors 65 and older can claim an additional $6,000 for a single person, and $12,000 for married couples, ...

Overlooked and unexpected tax breaks are one of the perks of getting older. Tax deductions and credits aimed specifically at seniors can reduce how much you owe to the government, helping you stretch ...