The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

Before you decide on old or new tax regime, it’s important to know how deductions differ. The right choice could help reduce your taxable income and overall tax burden.

Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...

Perhaps the most noteworthy aspect of the OBBB is the new deduction for seniors across America. Taxpayers who are 65 or older ...

Many senior citizens face TDS deductions on their fixed deposit and savings interest, even when their income falls below the basic exemption limit. Here’s how they can claim refunds or avoid TDS ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

The new tax law raises the SALT cap and secures the 199A deduction, giving pass-through entities fresh opportunities for tax planning and savings.

Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...

What are pass-through entity taxes, how have they changed, and why is planning in this space important for some types of businesses? We checked in with three local attorneys to find out.

President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...