Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.

The IRS has announced an increase in the standard deduction for seniors in 2026, providing financial relief amid rising ...

Tax credits for seniors refer to specific reductions in tax liabilities designed to benefit older individuals. These credits aim to alleviate the financial burden of seniors by reducing their taxes ...

Income taxes don’t end just because you’ve reached your senior years. In some cases, federal tax returns for seniors are complicated enough to require the help of a tax professional. If you fall into ...

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for ...

Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities ...

Dear Savvy Senior: What can you tell me about the IRS income tax filing requirements for retirees this tax season? My earned income stopped when I retired in March, so I’m wondering if I need to file ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...