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What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential changes ahead?
The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...
Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, Calif. — A new temporary tax deduction for older Americans, dubbed the “ senior ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.
Federal tax cuts, made permanent by the "One Big Beautiful Bill," promise more money for taxpayers with increased deductions and adjusted tax brackets.
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