Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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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.
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.
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.
Wealth Taxes -
IRS Issues Another Tax Warning for Wealthy, High Earners
Tax Enforcement Wealthy non-filers could pay more tax than they owe if the IRS files for them.
Tax Enforcement -
IRS Will Tax Your ‘Walz Check’ Minnesota Rebate: What to Know
State Rebates Minnesota Gov. Tim Walz used some choice words to describe the IRS decision to tax Minnesota rebate checks.
State Rebates -
Most Expensive States for Millionaires in 2024
Income Tax Here are the most expensive states for millionaires and high earners to live or do business in this year.
Income Tax -
California Just Became More Expensive for High Earners
State Tax A California tax expansion will benefit workers with lower incomes, but high earners will pay the price.
State Tax -
New Alabama Overtime Law: What Hourly Workers Should Know
State Tax A new Alabama overtime law provided some employees with higher paychecks due to an income tax exemption. Here’s what you need to know.
State Tax -
IRS: How to Get Organized for Tax Season
Tax Season Tax season can be a stressful time, but getting prepared now can help it go more smoothly.
Tax Season