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.

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., ...

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

The IRS has quietly raised the bar for who must file a federal return for the 2025 tax year, and the result is simple but ...