Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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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.
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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.
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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 -
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.
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Standard Deduction 2024 Amounts Are Here
Income Tax What will the standard deduction for your filing status be in 2024?
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IRS Releases Income Tax Brackets for 2024
Income Tax The IRS has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation.
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Don’t Let the 'Widow's Penalty' Blindside You: How to Prepare
If one spouse passes away, the surviving spouse could pay nearly double the amount of income taxes. Are you planning for this?
