Poverty is on the rise, but only among seniors, according to the U.S. Census Bureau’s annual poverty report. Based on the official measure, which is a simple calculation based on pretax cash income ...
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GREENSBORO, N.C. — Update: The U.S. House passed President Trump's "One Big Beautiful Bill." A new tax proposal from President Donald Trump could give seniors a break, but critics say it comes at a ...
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IRS reveals new 2026 tax break for seniors
The IRS has unveiled its updated 2026 tax brackets and standard deductions, featuring an additional standard deduction for taxpayers aged 65 and older. This adjustment, designed to counteract ...
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