The bonus reduction will add $670 to the after-tax income of seniors on average.

Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Older Americans who have a fixed income and are struggling with the cost-of-living crisis may get some financial relief from ...