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

Discover tax-saving strategies for financial advisors, including deductions on business expenses, entity structuring, and ...

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

Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how ...

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 ...

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

- 60% AGI limit for cash gifts: in 2017, the Tax Cuts and Jobs Act ( TCJA) set the top AGI deduction limit for cash gifts at 60%, but this was scheduled to revert to 50% at the end of 2025. OBBBA made ...

The 2025 and 2026 rules require donors to itemize their deductions to claim any charitable contribution deductions. Here's what you need to know.

New 2025 tax law locks in lower rates, boosts deductions, and reshapes SALT, senior, worker and business breaks. See what to do before year-end to cut your bill.

There are a number of strategic tax opportunities individuals and families must take advantage of before Dec. 31 to maximize ...