Taxes

Latest

What’s Happening With Trump Tariffs? New Rates and Trade Talks

Tariffs Donald Trump continues to use tariffs as a central tool of his trade policy. Here’s where tariffs stand now.

Tariffs

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  1099-K Reporting Changes Proposed for 2025

  Tax Return An IRS 1099-K threshold change will impact millions of tax bills beginning with this filing season. But could a bigger change lie ahead?

  By Kate Schubel Last updated 23 May 25

  Tax Return
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  Ask the Editor — Reader Questions on Gifts, Estate Tax

  In this week's Ask the Editor Q&A, we answer tax questions from readers on gifts, the estate tax and stepped-up basis upon death. In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on gifts, the estate tax and stepped-up basis upon death.

  By Joy Taylor Published 23 May 25

  In this week's Ask the Editor Q&A, we answer tax questions from readers on gifts, the estate tax and stepped-up basis upon death.
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  Employee Retention Credit Refunds Could be at Risk Under GOP Tax Bill

  Tax Credits Millions of small-to-mid-size businesses could be denied the pandemic-era ERC under Trump’s tax agenda.

  By Gabriella Cruz-Martínez Last updated 23 May 25

  Tax Credits
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  Five Reasons Roth Conversions and Pensions Work Well Together

  This financial planner unpacks why Roth conversions can save you big-time on taxes if you're a retiree with a pension.

  By Joe F. Schmitz Jr., CFP®, ChFC® Published 23 May 25

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  Save More with Tax Credits for Energy-Efficient Home Improvements While You Still Can

  Tax Breaks Energy tax credits for home improvements could go away under the new House GOP tax plan. What to know.

  By Rocky Mengle Last updated 22 May 25

  Tax Breaks
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  Trump's ‘One Big, Beautiful Bill’ With Trillions in Tax Cuts: Passes House

  Tax Policy Is it possible to combine taxes, border security, and energy policy into a single piece of legislation to be passed by Independence Day?

  By Kelley R. Taylor Last updated 22 May 25

  Tax Policy
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  The GOP Wants to Auto-Enroll Your Child in a MAGA Savings Account

  Tax Law The federal government could auto-enroll your kid in a tax-advantaged ‘Trump savings account’ if the House GOP tax plan becomes law.

  By Kate Schubel Last updated 22 May 25

  Tax Law
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  New 'No Tax on Tips' Bill Approved: What to Know Now

  Income Taxes Will you stop paying taxes on your tip income this year?

  By Kelley R. Taylor Last updated 22 May 25

  Income Taxes
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  Key Family Tax Breaks Are on the GOP Chopping Block This Year

  Tax Credits Several tax breaks, including the Child Tax Credit, could face stricter eligibility limits as lawmakers seek revenue for Trump’s tax plans.

  By Gabriella Cruz-Martínez Last updated 22 May 25

  Tax Credits