The rate of married couples filing for divorce has begun to trend downward in recent years, but the rate of “gray divorce” ...
If you’re 65 or older and have been itemizing your tax deductions, you may wonder if the new “senior bonus deduction” in Trump’s tax bill — available starting in 2025 — could benefit you. After all, ...
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2025 Tax Deduction Change for Those Over Age 65
As it does each year, the IRS has announced inflation adjustments to several important credit and deduction amounts for 2025. This includes (but isn’t limited to) new 2025 income tax brackets and ...
“Barring Congressional Action, tax rates are set to revert to pre-Tax Cuts and Jobs Act levels at the end of 2025.” I scribbled out that same general line on numerous occasions since the TCJA was ...
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