States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...

President Trump promised to eliminate Social Security taxes for senior years, along with tipped wages and overtime. Some of ...

We investigate the Trump administration's claim that 88% of seniors will pay no tax on Social Security. See why experts say fewer than 24% will actually benefit.

The House of Representatives and the Senate combined this month to pass the massive tax package known as the “One Big Beautiful Bill,” which includes a new tax deduction for seniors. The bill provides ...

A new law provides a $6,000 extra deduction for taxpayers 65 and older. Learn who qualifies, the income limits, and how to ...

A new $6,000 senior tax deduction has been hailed as long-overdue relief for older Americans feeling squeezed by rising costs. After years of grappling with growing property tax bills, soaring ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

As election season kicks off in earnest and the Springfield veto session hurtles to its conclusion, Cook County Board President Toni Preckwinkle and Assessor Fritz Kaegi are both pressing state ...