The OBBBA boosts tax breaks for seniors with higher deductions, but experts warn it could strain Social Security and deepen the national debt over time.

Rule 4 deductions apply to the win and place parts of an each-way bet if they concern the horse that went on to win. A 30p ...

Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new ...

GoFundMe launched a new platform for charitable giving called Giving Funds, which lets you create your own donor-advised fund ...

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

Progressive is under pressure after an Ohio court let a class action move forward over how it prices total-loss vehicle ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...

President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage ...

For most retirees and preretirees, the fat standard deduction means skipping the hunt for juicy itemized deductions and moving on to figuring out how much tax you owe. But there are a handful of ...

The impact of the gambling losses tax change is not expected to change much for casual gamblers in Nevada or online, but it ...

As a result, the new $6,000 deduction is stacked on top of both the regular standard deduction — $15,750 for single filers or ...