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

The law also has limits. It doesn’t cover all of Amaya’s tips. As a single taxpayer, the deduction limit is $25,000, or $12,500 for those on overtime. This starts to phase out once a worker makes $150,000.

Donors have several months to plan their contributions before changes from the One Big Beautiful Bill kick in.

Cedric Cromwell, 60, of Attleboro, pleaded guilty in federal court in Boston to four counts of filing a false tax return. Prosecutors say that he failed to report more than $177,000 on his federal

It’s not the tax relief many workers believe it to be.

Cedric Cromwell didn’t report more than $177,000 in income — most of it related to the planned First Light Resort and Casino in Taunton — on his federal tax returns from 2014-2017, according to authorities.

Breaking up is hard to do, but it's made much more difficult when real estate is involved. Planning ahead could help you avoid a big tax bill.

CLEVELAND, Ohio – Recreational marijuana sales have generated $55 million in taxes since sales began a year ago, but the Ohio cities that host the dispensaries still haven’t gotten a dime of it.

According to the draft, the city-parish would need to give up some of its 2 cent sales tax for developer Oak View Group to agree to the deal.

A WSJ poll says 52% of respondents oppose the bill, showing Republicans’ challenges in touting its benefits ahead of the midterms.