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

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 -

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.
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.
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.
Selling Online -

Standard Deduction 2024 Amounts Are Here
Income Tax What will the standard deduction for your filing status be in 2024?
Income Tax
