Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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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.
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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 -
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.
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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.
Supreme Court
