Millions of retirees are about to see a rare kind of tax change: one that actually shrinks the IRS bill on their Social Security benefits. A new federal deduction gives qualifying older taxpayers up ...
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Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The One Big Beautiful Bill Act introduces a significant ...
Older Americans are about to get a targeted new tax break that makes it easier to shield Social Security benefits from federal income tax. A fresh "senior bonus" deduction of up to $6,000 per person ...