Tax Tips

Our experts will count down moves to make to lower your tax bill.

February 7, 2018

Under the New Tax Law, Is My Alimony Tax-Free?

The new policy goes into effect in 2019. Older divorces can be modified to follow the new rules—if both parties agree.

See More On: Tax Planning | Family Finances

February 7, 2018

How Can I Deduct Home-Equity Interest Under the New Tax Law?

Still want to tap your home equity and deduct the interest? Options remain.

See More On: Tax Breaks | Home Remodeling & Maintenance | Loans

February 7, 2018

Capital Gains and the Kiddie Tax Under the New Tax Law

Those paying the kiddie tax are in for higher rates that kick in at lower levels — but capital gains are still favored.

See More On: Tax Breaks | Family Finances | Financial Planning

January 11, 2018

How "Chained" Inflation Will Erode the New Tax Cuts

Lower inflation adjustments mean smaller annual increases in tax brackets, standard deductions and other breaks.

See More On: Tax Planning

January 11, 2018

Tax Cuts for Now. But What Happens in 2026?

The new rules will be the subject of hot political debate in eight years (or sooner).

See More On: Tax Planning

January 11, 2018

Big Change Afoot for the "Kiddie Tax" Under the New Tax Law

Though the exemption remains the same, the rates are quite different.

See More On: Tax Breaks

January 11, 2018

Gaming the Mortgage Interest Deduction Under the New Tax Law

The rise in the standard deduction means far fewer people will be deducting mortgage interest.

See More On: Tax Breaks

January 11, 2018

An Investing Tax Break that Survived Under the New Tax Law

Forget about deducting management fees and tax-prep costs. But margin interest you still get.

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November 29, 2017

Tax Bill in Congress Threatens Retirement Savers

A major change could be coming to Roth IRA conversion rules, and the end of the year could be your deadline to capitalize.

See More On: Roth IRAs

November 3, 2017

Only Homo Sapiens Need Apply for New 529 College Savings Tax Break

But you don’t have to wait for Congress to act to open a tax-advantaged plan to save for an unborn child or grandchild’s college education.

See More On: Paying for College

From Kiplinger's Personal Finance, December 2017

Smart Year-End Moves to Trim Your 2017 Tax Bill

Some of these year-end moves will be even more compelling if lower rates arrive in 2018.

See More On: Tax Planning | Tax Breaks

August 23, 2017

How Much Tax You Will Pay on Your Lottery Winnings

The federal government wants to take a bite of that big Powerball payout. Your state might, too.

See More On: Tax Planning | Wealth Management

April 27, 2017

How to Handle an IRS Audit of Your Tax Return

Don’t panic, but arm yourself with knowledge. We provide links to the manuals IRS agents use to know what to look for when auditing various kinds of businesses.

See More On: Tax Prep & Filing | Tax Planning

April 27, 2017

What Are the Odds the IRS Will Audit Your Tax Return?

Everybody knows President Trump says his tax returns are being audited. What are the chances you’ll go down that same road?

See More On: Tax Prep & Filing

April 16, 2017

Can You Take a Tax Break for Going Gluten-Free?

You may be able to write off the costs of your special diet if you have celiac disease.

See More On: Tax Breaks

April 7, 2017

Tax Tips for Procrastinators

As you rush to meet the filing deadline, don't overlook money-saving tax breaks — particularly if there's no need to hurry.

See More On: Tax Prep & Filing

From Kiplinger's Retirement Report, March 2017

Paying Taxes for a Hired Caregiver

The nanny tax isn't just for Mary Poppins. It covers any household employee including housekeepers, gardeners and caregivers.

See More On: Caregiving

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