Taxes
News, insights and expert analysis on taxes from the team at Kiplinger.
Explore Taxes
Latest
-
2025 Brings Capital Gains Tax Repeal: Is Your State Next?
State Tax As one state becomes a test case, policymakers and taxpayers across the U.S. will be watching closely to see what happens next.
By Kelley R. Taylor Published
State Tax -
IRS Government Watchdog Warns More Layoffs to Come
IRS Over 11,400 IRS employees took the Trump-instructed buyout or were terminated. What does it mean for your taxes going forward?
By Gabriella Cruz-Martínez Published
IRS -
The Three Retirement Tax Issues I Nag My Clients About
A financial professional highlights areas of tax planning that retirees should have on their radar as they finalize their retirement plan.
By Robert Cannon, MBA, CFF®, AIFA® Published
-
New Overtime Tax Deduction Proposed for Millions Working Extra Hours
Tax Law Some lawmakers and President Trump want to offer overtime tax relief. But will a tax deduction or an exemption help you most?
By Kelley R. Taylor Last updated
Tax Law -
Here's How the Child Tax Credit Could Increase Under Trump
Tax Credits House Republicans released details on President Trump’s ‘one big, beautiful bill,’ including an increased child tax credit.
By Gabriella Cruz-Martínez Last updated
Tax Credits -
Big Tax Deduction Increase Proposed for Those Over Age 65
Tax Deductions A new bipartisan bill and a tax plan from the House GOP could mean bigger retirement tax savings to offset taxes on Social Security and high prices.
By Kelley R. Taylor Last updated
Tax Deductions -
How Financial Advisers Can Help Clients Navigate the SSFA
The Social Security Fairness Act's big changes and new opportunities could require adjustments in tax strategy for some Social Security recipients.
By Jake Klima Published
-
Is the EV Tax Credit Away Under Trump? What You Need to Know
Tax Credits There's a lot of chatter about President Trump's plans to eliminate the electric vehicle tax credit. Here's what's happening.
By Kelley R. Taylor Last updated
Tax Credits -
SALT Cap Increase? What to Expect in 2025 Tax Reform
Tax Deductions Some lawmakers say it’s time to increase the $10,000 cap on state and local tax deductions, and President Trump seems to agree.
By Kelley R. Taylor Last updated
Tax Deductions