$6,000 senior tax deduction for federal returns has plenty of rules

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...
CNET

Income Tax Rules Are Changing. Get the Essential Info Before You File Your Tax Return

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...
Federal News Network

This year’s tax rules introduce new benefits and new confusion

It does make sense to file early, but one caution that I would have is a lot of this stuff is very new and it's very updating," Mike Meese said.

New draft Income tax rules may double your exemption limit; Rs 30 lakh salaried earner could save Rs 1.72 lakh a year

For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...