Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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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
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
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
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
Tax Refunds -
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
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.
By Katelyn Washington
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.
By Kelley R. Taylor
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
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
State Tax
