For older taxpayers, the new senior tax break is one of the most generous federal perks in years, effectively letting many ...

A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...

The IRS offers special tax breaks for seniors that can save you thousands as you get older. Here's what you need to know for tax filing year 2025 to 2026.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The new deduction can lower your taxable income and thus your combined income. It's estimated that 90% of seniors will now pay no federal income tax on their Social Security benefits. Some other ...

Tax season can be stressful for anyone, but it can feel especially daunting for seniors who are navigating the complexities of deductions, retirement income and potential tax liabilities. After ...