Turning 65 comes with a tax perk! Learn about the extra standard deduction for seniors, the 2025 amounts, and how it can ...

The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...

The Internal Revenue Service (IRS) is implementing a series of significant modifications to tax forms, particularly affecting individuals over 65. These changes, set to appear in upcoming tax filings, ...

The Internal Revenue Service (IRS) has introduced the redesigned 1040-SR form for seniors for the 2023 and 2024 tax years. TRAVERSE CITY, MI, US, August 4, 2023 ...

Social Security tax changes 2025 are shaking up seniors’ finances. New laws, including the Big Beautiful Bill and the Social ...

New laws enacted in 2025 may impact just how much federal taxes Social Security beneficiaries owe on their benefit income.

The additional standard deduction is a crucial tax benefit for seniors and individuals with disabilities. Unlike the regular standard deduction, this additional amount is specifically designed to ...