Seniors could get a bigger tax deduction this year, but the rules matter. Here's what to know before filing.

Social Security needs revenue to avoid future benefit cuts. A new change meant to give seniors financial relief could push ...

A new tax deduction allows buyers to claim up to $10,000 a year on interest paid for new, American-made cars. The deduction applies to qualifying vehicles purchased between Jan. 1, 2025, and Dec. 31, ...

The One Big Beautiful Bill Act created a temporary car loan interest deduction for American-made vehicles through 2028, which ...

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

The One Big Beautiful Bill Act introduced a new tax deduction that many retirees can take advantage of. While the deduction ...

A new senior tax deduction under the One Big Beautiful Bill Act could help about 30 million older Americans lower their ...

This new tax break for those age 65 and older creates a limited window of relief in retirement. Here’s how much it could save ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

If your taxable income is too low, you may not benefit from the new $6,000 tax deduction.

Sen. Ruben Gallego asked Treasury Secretary Scott Bessent to raise the IRS per-mile deduction for ride-hailing and delivery ...