taxes
20 IRS Audit Red Flags
20 IRS Audit Red Flags
There's no sure way to avoid an IRS audit, but these red flags could increase your chances of drawing unwanted attention from the IRS.
July 1, 2020
10 IRS Audit Red Flags for Retirees
10 IRS Audit Red Flags for Retirees
Watch out: These things can increase the chances that the IRS will give your tax return a closer look.
July 1, 2020
Is There an Unclaimed Tax Refund Waiting for You?
Is There an Unclaimed Tax Refund Waiting for You?
The IRS has $1.5 billion in refunds from 2016 waiting to be claimed. Is any of that money yours?
July 1, 2020
Sales Tax Holidays in 2020
Sales Tax Holidays in 2020
Sixteen states are having sales tax holidays this year. If you plan your shopping around these tax-free periods, you can save big on back-to-school cl…
July 1, 2020
10 Tax Breaks for the Middle Class
10 Tax Breaks for the Middle Class
Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans.
June 30, 2020
Subscribe to Kiplinger's Personal Finance
Be a smarter, better informed investor.
IRS Is Not Extending the Tax Deadline Again
IRS Is Not Extending the Tax Deadline Again
Tax Day 2020 was already pushed back from April 15 to July 15, but it won't be delayed further.
June 30, 2020
What to Do If You Get a Stimulus Check for a Deceased Person
What to Do If You Get a Stimulus Check for a Deceased Person
The IRS sent more than 1 million stimulus checks to dead people. If you received one for a family member who passed away, there are certain steps you …
June 25, 2020
Retirees Get Another Break with Expansion of RMD Waiver
Retirees Get Another Break with Expansion of RMD Waiver
The CARES Act cancelled "required minimum distributions" for 2020...and the IRS just expanded that relief to help more seniors and give more time to u…
June 24, 2020
13 Tax Breaks for Homeowners and Home Buyers
13 Tax Breaks for Homeowners and Home Buyers
Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those cos…
June 22, 2020
Tax Changes and Key Amounts for the 2020 Tax Year
Tax Changes and Key Amounts for the 2020 Tax Year
Americans are facing a long list of tax changes for the 2020 tax year...and it's never too early to start thinking about next year's return.
June 22, 2020
Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer
Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer
The IRS has a stimulus check portal that lets you track the status of your payment. You can also enter your bank account information to get your payme…
June 20, 2020
What Are the Income Tax Brackets for 2020 vs. 2019?
What Are the Income Tax Brackets for 2020 vs. 2019?
The IRS unveiled the 2020 tax brackets, and it's never too early to start planning to minimize your future tax bill.
June 20, 2020
Stimulus Check Calculator
Stimulus Check Calculator
You probably heard on the news that you'll be getting a $1,200 check from the IRS as part of the latest economic stimulus law. However, not everyone w…
June 18, 2020
How Your Income Stacks Up
How Your Income Stacks Up
Using data released by the IRS, Kiplinger has built a tool to show your income status compared to your fellow Americans. The income breakdowns are bas…
June 18, 2020
State-by-State Guide to Taxes
State-by-State Guide to Taxes
Click on any state in the map below for a detailed summary of state taxes on income, property, and everything you buy. Check out our slideshows below,…
June 18, 2020
Will Your Stimulus Check Increase the Tax on Your Social Security Benefits?
Will Your Stimulus Check Increase the Tax on Your Social Security Benefits?
It comes down to whether your stimulus check will boost your "provisional income."
June 18, 2020
11 Tips on How and When to File an Amended Tax Return
11 Tips on How and When to File an Amended Tax Return
What to do if you discover a mistake on a previous tax return (and other reasons for filing an amended return).
June 18, 2020
Amending Your Tax Return Will Get Easier Soon
Amending Your Tax Return Will Get Easier Soon
Starting this summer, there will be a better way to file an amended tax return.
June 17, 2020
When Are 2020 Estimated Tax Payments Due?
When Are 2020 Estimated Tax Payments Due?
In a normal year, two estimated tax payment deadlines would have passed by now. But, of course, nothing is normal right now.
June 17, 2020
12 Tax Deductions and Credits That Help You Pay for College
12 Tax Deductions and Credits That Help You Pay for College
Whether you're saving for college, currently paying tuition, or dealing with student loan debt, there's probably a tax break that can help your bottom…
June 12, 2020
Property Tax Breaks for Retirees
Property Tax Breaks for Retirees
Planning to buy a home in a different state? Property taxes should be examined closely, because they can be quite a bit higher than income taxes in ma…
June 10, 2020
RMD Waiver + Stimulus Check = Tax Credit
RMD Waiver + Stimulus Check = Tax Credit
For seniors who got a stimulus check of less than $1,200, not having to take a required minimum distribution from their retirement accounts this year …
June 6, 2020
The 10 Least Tax-Friendly States for Military Retirees
The 10 Least Tax-Friendly States for Military Retirees
The brave veterans who stormed the beaches of Normandy, landed at Inchon, and fought in the jungles of Vietnam are senior citizens now.
June 5, 2020
Thinking of Selling Your Business? 2 Steps to Get the Best Price
Thinking of Selling Your Business? 2 Steps to Get the Best Price
Here's what could be the difference between a lucrative outcome and disappointment for business owners now.
June 5, 2020
The Stock-Bond Shuffle of Asset Location
The Stock-Bond Shuffle of Asset Location
It's a well-used strategy to help minimize taxes. Take a look at how it works.
June 4, 2020