The rate of married couples filing for divorce has begun to trend downward in recent years, but the rate of “gray divorce” — divorces of couples in their 60s or older — has continued to climb. A July ...
Filing taxes as a married couple over 65 probably feels routine by now, but a new deduction worth up to $12,000 has added something worth checking before you send off your return. At a 22% tax rate, ...
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2025 tax deduction changes for those over age 65
As it does each year, the IRS implemented inflation adjustments to several important credit and deduction amounts for 2025. This includes (but isn’t limited to) new 2025 income tax brackets and ...
Turning 65 doesn’t just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra standard deduction. This deduction can lower taxable income by thousands of ...
HOUSTON — Residents at an assisted living and memory care facility near the Texas Medical Center are preparing to celebrate Valentine’s Day, many of them without their longtime partners by their side.
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