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10 Ways Older Adults Can Reduce Tax Bills Starting at Age 50 Everyone wants to keep more of their hard-earned money. Luckily for seniors, many of whom are on a fixed income, there are several ways for them to save on taxes. With one out of three seniors aged 70-79 having saved less than $100,000 […]
The post Tax Credits and Deductions for Seniors appeared first on SeniorNews.
When it comes to charity, many Americans have been able to “give ‘til it hurts” — knowing the pain would be only temporary. They could write off the donations on their next tax return. However, changes ushered in by the 2017 Tax Cuts and Jobs Act could make the process less comfortable. While the tax […]
The post Charitable giving: How to maximize your donations appeared first on SeniorNews.
