For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.

Seniors get a generous new tax deduction, but there's only a limited time to claim it.

Tax season can be painful for many Americans. But it can also come with perks for some. Americans ages 65 years and older could save money by claiming the extra standard deduction this year, as well ...

Millions of retirees are about to see a rare kind of tax change: one that actually shrinks the IRS bill on their Social Security benefits. A new federal deduction gives qualifying older taxpayers up ...

As much as seniors love a new tax break, a risk exists that retirees and others will miss out if they think the new enhanced deduction for seniors on 2025 federal income tax returns is somehow ...

Tax time could be a little less stressful this year for some retirees, thanks to the new senior tax deduction introduced in President Trump's "big, beautiful bill." But it's important to be clear ...

As tax season approaches there is a lot to keep in mind between which forms to have on hand for filing, itemizing deductions ...

Tax season is a busy time for accountants, and that deadline is now less than a month away.

One of the oldest counties in Mid-Missouri continues to see high participation in its senior tax freeze program.