Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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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.
By Kelley R. Taylor Last updated
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.
By Katelyn Washington Last updated
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.
By Katelyn Washington Last updated
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.
By Katelyn Washington Last updated
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.
By Katelyn Washington Published
Tax Season -
Five Year-End Tax Tips for Freelancers
Income Tax These tax tips can help avoid IRS audits and possibly have you paying less taxes as a freelancer this year.
By Katelyn Washington Published
Income Tax -
Will SCOTUS Uphold Wealth Taxes?
Supreme Court The U.S. Supreme Court heard arguments in a case that some say could upend the U.S. tax code.
By Kelley R. Taylor Last updated
Supreme Court -
Another IRS 1099-K Tax Change for Online Sellers
Selling Online Just in time for the holidays, the IRS is delaying a significant tax 1099-K reporting requirement for 2023.
By Kelley R. Taylor Last updated
Selling Online -
Standard Deduction 2024 Amounts Are Here
Income Tax What will the standard deduction for your filing status be in 2024?
By Katelyn Washington Last updated
Income Tax