10 Ways Older Adults Can Reduce Tax Bills Starting at Age 50 AUTHOR: SENIORLIVING.ORG TEAM · https://www.seniorliving.org PUBLISHED: SEPTEMBER 2020 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. […]

Being your own boss gives you access to tax incentives not available to other workers. These include self-employment tax deductions for a home office, vehicle expenses and internet service. © (Getty Images) Neon artist working on design While these deductions can save you money, don’t expect them to wipe out […]