Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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Your MAGI in Retirement: Year-End Tax Strategies to Save Money
Taxable Income Strategic moves now can make a difference in your modified adjusted gross income (MAGI) when it’s time to file your return.
By Kelley R. Taylor
Taxable Income -
2024 IRS 1099-K Rule Change: What to Expect from PayPal, Venmo, More
Selling Online A new IRS 1099-K tax reporting requirement for payment networks like Venmo, PayPal, Amazon, and Cash App is supposed to apply for 2024.
By Kelley R. Taylor
Selling Online -
Could the AMT (Alternative Minimum Tax) Be Back Again?
Tax Letter Millions of taxpayers could owe the AMT if Congress allows the tax breaks de-fanged in the 2017 Tax Cuts and Jobs Act to expire.
By Joy Taylor
Tax Letter -
Will Elon Musk Crack Down on IRS Tax Cheats Who Owe $50 Million?
IRS IRS employees are required to pay their taxes on time, but thousands slipped through the cracks.
By Gabriella Cruz-Martínez
IRS -
IRS Announces 2025 Income Tax Brackets
Income Tax The IRS has adjusted federal income tax bracket ranges for the 2025 tax year to account for inflation. Here's what you need to know now.
By Kelley R. Taylor
Income Tax -
Mark Cuban, Kamala Harris, and Taxing Unrealized Gains
Unrealized Gains Some warn that taxing unrealized gains could devastate the economy, but are those fears realistic?
By Kelley R. Taylor
Unrealized Gains -
Social Security Tax Limit Rises 4.4% for 2025
Social Security The Social Security Administration has announced significant changes affecting millions as we approach a new year.
By Kelley R. Taylor
Social Security -
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
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
Tax Filing
