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, ...

“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 ...