Benefits recipients could save $6,000 in federal taxes on their monthly payments. Here’s who is eligible to claim the ...

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...

Permanent tax cuts, a higher SALT deduction and new relief for seniors, families and small businesses may help ease rising ...

Millions of retirees are about to see a rare kind of tax change: one that actually shrinks the IRS bill on their Social ...

A new $6,000 senior tax deduction could wipe out federal taxes for many Americans aged 65 and older. Payment schedules shift.

The deduction applies to the entirety of tax year 2025, which Americans will file returns for in early 2026. Single-filers ...

The White House claims there's “no tax on Social Security,” but the One Big Beautiful Bill doesn’t deliver that. It’s just a ...

Our guest columnist breaks down new provisions that could have an impact on businesses in Maine, especially those that invest ...

Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing ...

In a party-line vote, the Legislative Council voted to reject a tax conformity legislative request from Sen. Jeff Timberlake, R-Androscoggin. Sen. Timberlake’s proposal would conform Maine fully to ...

The Tax Policy Center said that roughly 60% of households with tipped workers will see a tax cut under the new legislation, ...