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Joy Taylor

Editor
The Kiplinger Tax Letter

Prior to joining Kiplinger in 2010, Joy worked as a tax attorney in Washington, D.C., for 15 years. She earned an accounting degree and a JD from the University of Houston, and a master's degree in tax law from New York University. After years of working in big law firms, Joy saw the light and now puts all of her education and legal experience to use in writing about taxes for the Tax Letter and Kiplinger.com.

Latest Features

SLIDE SHOW
May 2018

What the New Tax Law Means for Small Businesses

The most sweeping tax overhaul in three decades brings lots of good cheer for businesses, ranging from a lower corporate tax rate to big tax savings for asset purchases. But there are also some deductions ...

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SLIDE SHOW
January 2018

Tax Breaks You Won't Believe Are Real

Okay, admit it: As you've struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you've taken a few flights of fancy. "Can I claim a ...

See More From: Tax Breaks

SLIDE SHOW
January 2018

Nice-Try Tax Breaks Rejected by the Courts

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. We’ve come up with 14 of the most creative ones that the courts decided did not quite work. As secret ...

See More From: Tax Prep & Filing

SLIDE SHOW
January 2018

26 Ways the GOP's Tax Reform Will Affect Your Wallet

The new year starts with a new tax law affecting every taxpayer in the land. Now that a jubilant President Trump has signed the massive tax overhaul into law, it’s time for the number crunching to move ...

See More From: Tax Breaks

SLIDE SHOW
December 2017

Red Flags That Could Attract an Audit for Retirees

In 2016, the Internal Revenue Service audited only 0.70% of all individual tax returns. So the odds are generally pretty low that your return will be picked for review. That said, your chances of ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2017

Self-Employed? Avoid These Audit Red Flags on Your Tax Return

Being in business for yourself can be exciting, lucrative – and a great way to draw the attention of the Internal Revenue Service’s audit division. Short on personnel and funding, the IRS audited only ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2017

Amazing Tax Deductions And Breaks

Okay, admit it: As you've struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you've taken a few flights of fancy. "Can I claim a ...

See More From: Tax Breaks

SLIDE SHOW
December 2017

18 Nice-Try Tax Breaks Rejected by the IRS

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. We’ve come up with 12 of the most creative ones that the courts decided did not quite work. As secret ...

See More From: Tax Breaks

SLIDE SHOW
January 2018

Red Flags That Could Increase Your Audit Chances

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.70% of all individual tax returns in 2016. ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2017

House, Senate Tax Plans: How They Will Affect You

To paraphrase President Trump’s comment earlier this year about health care reform: Who knew tax reform could be so difficult? Last-minute glitches and furious horse trading added real drama to the ...

See More From: Tax Breaks

Washington Matters
November 2017

How the GOP Tax Bill May Affect Businesses

Corporations would enjoy a lower flat tax rate while individual owners of pass-throughs would also see a lower rate, but with more complex terms.

See More From: Washington Matters

SLIDE SHOW
March 2017

Red Flags That Can Raise Your IRS Audit Risk

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.70% of all individual tax returns in 2016. ...

See More From: Tax Prep & Filing

SLIDE SHOW
March 2017

9 IRS Audit Red Flags for Retirees

In 2016, the Internal Revenue Service audited only 0.70% of all individual tax returns. So the odds are generally pretty low that your return will be picked for review. That said, your chances of ...

See More From: Tax Prep & Filing

SLIDE SHOW
September 2016

Red Flags That Raise Your IRS Audit Risk

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.86% of all individual returns in 2014. And ...

See More From: Tax Prep & Filing

SLIDE SHOW
March 2016

IRS Tax Audit Red Flags

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.86% of all individual returns in 2014. And ...

See More From: Tax Prep & Filing

SLIDE SHOW
March 2016

Audit Red Flags for the Self-Employed

Being in business for yourself can be exciting, lucrative — and a great way to get in the sights of the Internal Revenue Service’s audit division. Short on personnel and funding, the IRS audited only ...

See More From: Tax Prep & Filing

SLIDE SHOW
February 2016

IRS Audit Red Flags for Retirees

In 2015, the Internal Revenue Service audited only 0.84% of all individual tax returns. So the odds are generally pretty low that your return will be picked for review. That said, your chances of being ...

See More From: Tax Prep & Filing

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