Roughly 300,000 retirees in Maine-one of the oldest states by population-are set to benefit from a new federal deduction that ...

Roughly 1.7 million Michigan retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 2.1 million retirees in Ohio are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 800,000 retirees in Oregon are expected to benefit from a new federal deduction that exempts most Social Security ...

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

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Roughly 1.8 million Georgia retirees are set to gain from the new federal senior deduction, which exempts most Social ...

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

Roughly 100,000 Alaskan retirees stand to gain from the new federal senior tax deduction, which exempts most Social Security income starting in 2026. With high living costs and rural challenges, ...

Many of the president’s claims were misleading and ignored months of turmoil at the embattled agency.

The One Big Beautiful Bill Act, signed on July 4, 2025, by President Trump, brings transformative changes to the U.S. tax code. This reform aims to provide tax relief and reshape the tax burden by ...

Maximum annual deduction is $25,000; for self-employed, deduction may not exceed individual’s net income (without regard to ...