Taxes
News, insights and expert analysis on taxes from the team at Kiplinger.
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Ten States With the Lowest Gas Tax in 2025
Gas Taxes Getting gas in these states with the lowest gas taxes can save you a lot of money on your next holiday road trip.
By Gabriella Cruz-Martínez Last updated
Gas Taxes -
Child Tax Credit: How Much Is It for 2025?
Tax Credits The refundable amount of this tax break is slightly higher for the 2024 tax filing season. Here’s what you need to know.
By Gabriella Cruz-Martínez Last updated
Tax Credits -
Hallmark Raising Prices Due to Tariffs: What You Need to Know
Tariffs Even some companies with U.S.-based manufacturing are impacted by the Trump administration’s trade dispute.
By Gabriella Cruz-Martínez Last updated
Tariffs -
Ask the Editor, May 9 — Reader Questions on QCDs
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on qualified charitable distributions (QCDs).
By Joy Taylor Published
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2025 Tax Reform: Are Trump and the GOP Actually Planning to Raise Taxes?
Tax Reform As high-stakes tax reform talks resume on Capitol Hill, questions are swirling about what and President Trump and the GOP will do.
By Kelley R. Taylor Last updated
Tax Reform -
Five Opportunities if You're in the 2% Club in Retirement
If you're among the 2% of the population with both a pension and $1 million or more saved, you're in a unique yet complex position as you approach retirement.
By Joe F. Schmitz Jr., CFP®, ChFC® Published
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Big Tax Deduction Increase Proposed for Those Over Age 65
Tax Deductions A new bipartisan bill could mean bigger retirement tax savings to offset taxes on Social Security and high prices.
By Kelley R. Taylor Published
Tax Deductions -
What’s Happening With Taxes on Overtime Pay?
Income Tax Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
By Kelley R. Taylor Last updated
Income Tax -
A $1 Billion Divorce: What You Can Learn From It
An estate planning attorney notes that an oil executive’s billion-dollar divorce could have turned out very differently if the couple had a premarital agreement and the executive had used asset protection trusts.
By John M. Goralka Published