A major new tax benefit has quietly arrived for millions of older Americans, and many may not even realize it applies to them ...

If your taxable income is too low, you may not benefit from the new $6,000 tax deduction.

Learn about new 2025 tax deductions and credits from the OBBBA, including overtime, senior and car loan breaks, so you can avoid missing valuable tax savings.

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

It could make a noticeable difference to your tax refund this year.

Thomas is a native of upstate New York and a graduate of the University at Albany. As a former member of CNET's How To team, he wrote about the intersection of policy, information and technology, and ...

University of Hawaii Law Professor Nicholas Mirkay joins producer/host Coralie Chun Matayoshi to discuss what you need to know before filing your taxes this year, including what income is taxed, new ...