Federal tax rules for retirees are shifting again, and this time the stakes are higher for anyone living on a mix of Social ...

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

WASHINGTON ? The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it ...

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 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 ...

Retirement should be simple, right? You collect Social Security, maybe some pension income, and enjoy your golden years ...