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

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...
A $6,000 senior tax break is drawing praise and criticism as experts warn of solvency risks while officials highlight modernization.
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.
The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.