A new law provides a $6,000 extra deduction for taxpayers 65 and older. Learn who qualifies, the income limits, and how to ...

The new $6,000 senior tax deduction from the 2025 ‘One Big Beautiful Bill Act’ helps retirees save more, but earning too much ...

Rachel Reeves is under pressure to break Labour’s manifesto pledge with a tax raid on the highest earners amid growing calls from within Labour to hit the wealthy. Ministerial sources have told The ...

LONDON, Oct 24 (Reuters) - Britain's ruling Labour Party remains committed to its pre-election tax pledges, including on income tax, minister Nick Thomas-Symonds told Sky News on Friday, ahead of next ...

Chancellor Rachel Reeves is considering breaking one of Labour’s key election pledges by raising income tax in next month’s budget to help plug a £30 billion fiscal shortfall, according to senior ...

Florida Republican lawmakers introduced eight new bills on Thursday that aim at cutting property taxes in the state, responding to Governor Ron DeSantis’s call for urgent action to ease the growing ...

I admit my headline is too long. But some only read the headline, get the message, and move on to another favorite column. My experience is as a senior manager in the financial planning and analysis ...

Sen. Bernie Sanders (I-VT) is once again sounding the alarm about what he calls a dangerous shift in federal priorities under President Donald Trump. In a recent post on X, Sanders warned that ...

Managing your finances in a tax-efficient way requires planning and understanding of the current tax laws. A key aspect of that planning is being aware of federal income tax brackets. These brackets ...

Want to see more of NewsNation? Get 24/7 fact-based news coverage with the NewsNation app or add NewsNation as a preferred source on Google! Thursday’s announcement includes higher income thresholds ...

The Internal Revenue Service has announced new tax inflation rates, standard deductions and new federal income tax brackets for 2026 — and the adjustments may surprise you. While the tax rate ...