Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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Trump's Plan to Eliminate Income Tax: 7 Things to Know Now
Tax Policy The potential consequences of eliminating taxes in favor of Trump tariffs could impact everything from inflation to Social Security and might give some U.S. taxpayers pause.
By Roxanne Bland
Tax Policy -
The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor
Tax Deductions -
U.S. Congress to End Emergency Tax Bill Over $6,000 Senior Deduction and Tip, Overtime Tax Breaks in D.C.
Tax Law Here's how taxpayers can amend their already-filed income tax returns amid a potentially looming legal battle on Capitol Hill.
By Kate Schubel
Tax Law -
Ask the Tax Editor: Federal Income Tax Deductions
Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on federal income tax deductions
By Joy Taylor
Ask the Editor -
Overtime Pay Deduction: What Workers Need to Know for Tax Season
Income Tax Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
By Kelley R. Taylor
Income Tax -
Don't Overpay the IRS: 6 Tax Mistakes That Could Be Raising Your Bill
Tax Tips Is your income tax bill bigger than expected? Here's how you should prepare for next year.
By Kate Schubel
Tax Tips -
Ask the Tax Editor: Taxation of Social Security Benefits
Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on the taxation of Social Security benefits
By Joy Taylor
Ask the Editor -
Types of Income the IRS Doesn't Tax
Income Tax It might feel as if the IRS taxes most of your hard-earned money, but some types of income are nontaxable.
By Kelley R. Taylor
Income Tax -
11 Overlooked Tax Deductions and Credits
Tax Breaks Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.
By Katelyn Washington
Tax Breaks
