How the new $6,000 senior tax deduction could impact older Americans
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
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A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The impact of the Republicans' tax and spending law could result in the "largest refund season of the last decade," a Wall Street report says.
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep."
Waiters and bartenders are included in a proposed list of jobs that could qualify for a federal tax break on tips, as well as some workers who don't traditionally get gratuities.
Under the One Big Beautiful Bill Act, clean energy tax credits are set to expire earlier than originally planned.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an analysis finds.
President Trump pushed to eliminate taxes on Social Security. Does his "one big, beautiful bill" deliver?
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
House Republicans have included in Trump's domestic policy bill a 5% tax on cash payments sent by non-citizens to family in their home countries.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.
The White House says the U.S. and China have agreed to suspend for 90 days most of the tariffs imposed against each other over the last couple months.
The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government watchdog finds.
President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants.
Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.
IRS' top lawyer replaced amid DOGE's alleged push to share taxpayer info with other federal agencies.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
The wealthy financier is a staunch supporter of the president's hardline trade polices.
At 71 years old, facing a terminal diagnosis, Colorado resident Tom Pringle has one more thing he wants to do before he dies: help other people in similar situations by trying an experimental drug to treat his ALS, also known as Lou Gehrig's disease.
Gov. Jared Polis took a long stroll down memory lane during his final State of the State address Thursday.
A Red Flag Warning for critical high fire danger is in place for Friday across a large area of eastern Colorado including the Denver metro area. The warning runs from 9am through 6 pm on Friday.
There's a new group on the streets of Denver working to help the homeless community. These responders are specially equipped to help the homeless community because they've been in their shoes.
Authorities in Denver closed part of westbound US 6 due to a multi-vehicle crash on Thursday night.
A Red Flag Warning for critical high fire danger is in place for Friday across a large area of eastern Colorado including the Denver metro area. The warning runs from 9am through 6 pm on Friday.
At 71 years old, facing a terminal diagnosis, Colorado resident Tom Pringle has one more thing he wants to do before he dies: help other people in similar situations by trying an experimental drug to treat his ALS, also known as Lou Gehrig's disease.
Xcel Energy confirmed plans to shut off power in Northern Colorado this week due to extreme fire risk.
Officials with the Colorado Department of Labor and Employment said that HF Sinclair will reimburse customers for damage to their vehicles as a result of contaminated fuel.
Gov. Jared Polis took a long stroll down memory lane during his final State of the State address Thursday.
At 71 years old, facing a terminal diagnosis, Colorado resident Tom Pringle has one more thing he wants to do before he dies: help other people in similar situations by trying an experimental drug to treat his ALS, also known as Lou Gehrig's disease.
Xcel Energy says 9,00 customers will lose power on Friday due to planned public safety shutoffs amid high winds and fire danger. Many Colorado businesses hit by the last round of outages are frustrated over insurance claims not covering the loss.
The suspect in a massive fire in Denver earlier this month was in court Thursday morning. He's facing several arson charges in connection with a construction site fire that authorities say was the largest fire in the city in decades.
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Gov. Jared Polis took a long stroll down memory lane during his final State of the State address.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
The Denver Broncos nominated a high school coach for an NFL honor after his program's historic season, and the team's success in the face of great loss.
Denver Summit FC will play National Women's Soccer League matches across three venues for the club's inaugural 2026 season.
Saturday's AFC division round playoff game between the Denver Broncos and the Buffalo Bills will kick off at 2:30 p.m. at Empower Field at Mile High.
A figure skating duo based in Colorado Springs — Ellie Kam and Danny O'Shea — has been selected to represent the United States at the 2026 Winter Olympics in Italy next month.
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Gov. Jared Polis took a long stroll down memory lane during his final State of the State address Thursday.
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
When the Senate returns from a weeklong recess, it will have six remaining appropriations bills to get across the finish line before the Jan. 30 shutdown deadline.
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
State lawmakers reconvened for the 2026 legislative session with both chambers and both parties focused on cost of living.
The Trump administration reversed cuts to grants for mental health and addiction treatment programs that a CBS News source said were valued at around $1.9 billion.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
"Make America Healthy Again" policies driven by HHS Secretary Robert F. Kennedy Jr. have made major strides in state legislatures, with food additives among the most common targets.
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
A Verizon spokesperson told CBS News that an outage that customers reported beginning around noon Eastern Time had been resolved.
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
At 71 years old, facing a terminal diagnosis, Colorado resident Tom Pringle has one more thing he wants to do before he dies: help other people in similar situations by trying an experimental drug to treat his ALS, also known as Lou Gehrig's disease.
The families of three nonverbal students who were physically abused by a bus aide while traveling to school in Colorado have filed a lawsuit against their children's former school.
Many people who responded to a state survey regarding Xcel's Public Safety Power Shutoffs last month expressed dissatisfaction with Xcel's approach on Dec. 17 and Dec. 19, believing the utility overreacted.
State regulators said the text message from Christian Hatfield, the former district attorney for Colorado's 22nd Judicial District, "caused the staff member emotional harm."
A Venezuelan national suspected in a string of attempted armed robberies in 2024 in Denver's ritzy Cherry Creek North neighborhood has been apprehended in Detroit, according to police and prosecutors.