Taxes
News, insights and expert analysis on taxes from the team at Kiplinger.
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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 -
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 -
SALT Deduction: Three Things to Know for 2025
Tax Deductions Changes to the state and local tax deduction and the looming TCJA expiration have brought this tax break into the spotlight.
By Kelley R. Taylor Last updated
Tax Deductions -
The Standard Deduction: What You Need to Know for 2025
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
By Kelley R. Taylor Last updated
Tax Breaks -
How Tariffs Will Impact Clothing and Toy Prices in 2025
Tax Policy U.S. toy makers warned customers of fewer toys and higher prices this year.
By Gabriella Cruz-Martínez Last updated
Tax Policy -
The Nine States With No Income Tax in 2025
State Tax Your hard-earned money is safe from state income tax if you live in one of these states but watch out for other state and local taxes.
By Gabriella Cruz-Martínez Last updated
State Tax -
Trump's ‘One Big, Beautiful Bill’ With Trillions in Tax Cuts: GOP Plan Revealed
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
Tax Policy -
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.
By Kelley R. Taylor Last updated
Tariffs -
Running Out of Money in Retirement: Nine Steps to Reduce the Risk
Quit worrying about money and enjoy a carefree retirement. Sounds good, right? Well, if you follow these nine steps from a financial adviser, you could be on your way to that goal.
By William Thatcher Published