The new senior tax deduction ushered in by the 'Big, Beautiful Bill' is worth up to $6,000 per qualified filer.

The Unexpected Relief That Brought New Worries The senior deduction is an exemption for filers 65 and older introduced in the One Big Beautiful Bill Act, allowing seniors to claim an additional $6,000 ...

Certain newly introduced tax deductions that could significantly lower what Mississippians owe, according to tax experts.

There's a new tax break for Americans over 65 that's supposed to help with living costs. Sounds like relief is finally here, ...

Few tax terms trigger anxiety quite like “depreciation recapture.” The phrase alone is enough to make some taxpayers rethink ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get ...

Add Yahoo as a preferred source to see more of our stories on Google. As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and ...

Since the 2017 tax reform, fewer donors are able to claim deductions for their gifts. But with the right strategies, you may be able to turn your generosity into tax savings this year—before new ...

Tax refunds may be delayed this year due to staffing cuts, rising backlogs and complex new rules created by the One Big ...