Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

The Internal Revenue Service has started to spell out how the new tax law will reshape deductions over the next two filing ...

You may find that your most fruitful tax breaks aren’t hiding in itemized deductions — but they may be waiting for you after age 65. Data from the IRS shows that 90% of taxpayers choose the standard ...