Texas retirees are set to benefit from a major federal tax change aimed at easing financial pressure on older Americans.

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from ...

Roughly 2 million retirees in North Carolina are expected to benefit from a new federal deduction that exempts most Social ...

Roughly 100,000 North Dakota retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

President Donald Trump signed the One, Big, Beautiful Bill Act this summer, but the legislation’s staggered nature means its ...

The BBB's new senior deduction is only available to adults 65 and older. High-income seniors won't be eligible to claim it.

The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...

The “One Big Beautiful Bill” introduces major tax changes affecting Social Security, overtime pay, car loan interest, and 529 ...

At 887 pages, it certainly is one big bill, but as Margaret Wolfe Hungerford wrote, “Beauty is in the eye of the beholder.” ...