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The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.
Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...
The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...
The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.