A detailed look at the tax benefits available to individuals aged 60 and above for the financial year 2024-25.

The tax deduction for seniors introduced by the Trump administration is set to expire in 2028, impacting millions of Social ...

Congress made a number of changes in the One Big Beautiful Bill Act (H.R. 1), signed into law on July 4, 2025, impacting the ...

The Child Care Tax Credit can help working parents cover summer camp costs, including day camps. Find out if you qualify and how to claim this valuable tax break.

If you're self-employed, you pay Social Security through SE tax. Learn how it works, how much you pay, and how it affects ...

Key Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to ...

For Jordon O’Donald, a bartender at Brewski’s in downtown Little Rock, the news sounded like a welcome break. She has worked ...

A new tax cap on gambling loss deductions could raise high rollers' expenses and push gamblers toward prediction markets and ...

Starting in 2025, the 'One Big Beautiful Bill' brings bigger standard deductions, a higher SALT cap, and new senior tax ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...