A recently proposed tax law includes a 'bonus' deduction of up to $6,000 for taxpayers 65 and older. Learn how it works, who ...

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

Unlock overlooked tax deductions -- from medical costs to home office write‑offs -- to lower your taxable income and keep ...

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. In the U.S., ...

Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how income, Social Security and retirement savings are treated. For people 65 ...

TAMPA, Fla. (WFLA) — The Internal Revenue Service has announced new tax inflation adjustments for the 2026 tax year. Thursday, the IRS posted several notable changes, including those from the ...