A new temporary tax deduction for seniors offers relief, but it’s not a direct cash payment. Knowing the rules is key to ...

In 2026, when the phantom tax goes into effect, however, the gambler will only be able to deduct 90% of their losses against ...

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

In a state where affordability is critical to retirement planning, the One Big Beautiful Bill Act (OBBBA) may provide ...

Find out the truth behind the senior $6,000 Bonus in the Big Beautiful Bill, including who qualifies and how much it could ...

The mega tax law, dubbed Trump's Big Beautiful Bill, has made more items “indexed to inflation,” or set to receive an automatic cost-of-living adjustment each year. Americans already see these annual ...

President Trump has pushed to make the federal government more efficient, but changes to tax law could lead to deeper Social ...

President Donald Trump's freshly enacted tax and spending law keeps looking better for America's top 10%, according to a new analysis of the bill by nonpartisan congressional scorekeepers.

SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California ...

Alabama seniors could see major tax relief starting in 2026 under a new federal law that exempts most Social Security income ...

For Americans in lower- and middle-income tax brackets, the enhanced deduction for older people reduces taxable income, ...

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...