Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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Who Does the IRS Audit the Most?
Audits The IRS has a $400K audit directive problem. Here’s what you need to know.
By Kelley R. Taylor Last updated
Audits -
IRS Hauls Back $1.3 Billion From High-Income Earners
Tax Filing Certain income and wealth levels can trigger an IRS audit. Here's what you need to know.
By Kate Schubel Published
Tax Filing -
13 States That Don't Tax Retirement Income
Retirement Taxes Here are the states that don’t tax retirement income. But that doesn’t mean you won’t pay state taxes on other types of earnings.
By Katelyn Washington Last updated
Retirement Taxes -
Biden Calls for Doubling Capital Gains Tax
The White House President Biden wanted to increase taxes to have the wealthy pay a “fairer” share. Will VP Kamala Harris follow?
By Kelley R. Taylor Last updated
The White House -
The Taxes That Come out of Your Paycheck
Payroll Tax Your take-home pay is often less than expected due to several payroll tax withholdings you need to know.
By Kelley R. Taylor Last updated
Payroll Tax -
High Earners: Beware of These Illegal Schemes to Lower Taxes
Tax Schemes The IRS says high-income filers are targets for several illegal tax schemes.
By Katelyn Washington Last updated
Tax Schemes -
How Much Richer Could You Be Without a Big Tax Refund?
Tax Refunds A big tax refund isn’t a reason to celebrate if you overpaid throughout the year. Here’s how much money your interest-free loan to the government could have cost you.
By Katelyn Washington Last updated
Tax Refunds -
How to Calculate Your Adjusted Gross Income — and What It Means
Income Tax Your eligibility for certain money-saving tax breaks depends on your adjusted gross income.
By Ella Vincent Published
Income Tax -
President Biden Wants a Billionaire Minimum Tax
Wealth Taxes The debate over how much tax billionaires and millionaires should pay is heating up again.
By Kelley R. Taylor Last updated
Wealth Taxes