Tax Law
News, insights and expert analysis on tax law from the team at Kiplinger.
Latest
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What Are Your Chances of an IRS Audit? 15 Audit Red Flags
Tax Returns These red flags could increase your chances of the IRS selecting your return for audit.
By Joy Taylor
Tax Returns -
Mamdani Millionaire's Tax: Let the New York Exodus Begin?
State Tax Will higher income taxes drive the wealthy to flee New York in 2026?
By Roxanne Bland
State Tax -
Trump 2025 Tax Bill: What’s Changed and How It Affects Your Taxes
Tax Law From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax changes in Trump's "One Big Beautiful Bill."
By Kelley R. Taylor
Tax Law -
Is Unemployment Taxable? A State-by-State Guide
State Tax The federal government taxes unemployment benefits. But is unemployment taxable in your state?
By Katelyn Washington
State Tax -
New $6,000 'Senior Bonus' Deduction: What It Means for Taxpayers Age 65 and Older
Tax Changes If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
By Kelley R. Taylor
Tax Changes -
3 Major Changes to the Charitable Deduction for 2026
Tax Breaks About 144 million Americans might qualify for the 2026 universal charity deduction, while high earners face new IRS limits. Here's what to know.
By Kate Schubel
Tax Breaks -
10 Retirement Tax Plan Moves to Make Before December 31
Retirement Taxes Proactively reviewing your health coverage, RMDs and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.
By Kate Schubel
Retirement Taxes -
5 Types of Gifts the IRS Won’t Tax: Even If They’re Big
Gift Tax Several categories of gifts don’t count toward annual gift tax limits. Here's what you need to know.
By Kelley R. Taylor
Gift Tax -
Law Reversal Looming? Trump Eyes 2026 Gambling Winnings Tax Change
Tax Deductions It's no secret that the IRS is coming after your gambling winnings in 2026. But how long will that last?
By Kate Schubel
Tax Deductions
