The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

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 ...

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 ...

COLUMBIA, S.C. To keep South Carolina seniors from losing their homes, state Senate leaders want to double a current property tax exemption and drop its age requirement to 60. The proposed property ...

A new $6,000 tax deduction for Americans 65 and older could boost refunds for millions of older taxpayers, putting an average of about $670 more in their pockets this year, according to advocacy group ...