Los Angeles County Elder Attorney: Everything You Need to Know About Senior Tax Deductions
There are many different tax breaks and loopholes in our system for religious organizations, schools, and businesses, as well as for certain groups of people. One such group is senior citizens, who may especially benefit from certain tax deductions. Each year, seniors have expenses that can be deducted from their state and federal tax returns, which can have a positive impact on their financial situation, including medical, financial, and even standard deductions.