tax planning
Family Business Survival Strategies in an Era of Sweeping Tax Reform
Family Business Survival Strategies in an Era of Sweeping Tax Reform
Changes to our nation’s income taxes, capital gains taxes and estate taxes – whether already passed or still in the proposal stage – pose massive chal…
September 28, 2021
Tax Changes and Key Amounts for the 2021 Tax Year
Tax Changes and Key Amounts for the 2021 Tax Year
Americans are facing a long list of tax changes for the 2021 tax year. Smart taxpayers will start planning for them now.
September 23, 2021
21 IRS Audit Red Flags
21 IRS Audit Red Flags
These actions and tax positions could increase your chances of the IRS selecting your return for audit.
September 22, 2021
Taxes on Unemployment Benefits: A State-by-State Guide
Taxes on Unemployment Benefits: A State-by-State Guide
Don't be surprised by an unexpected state tax bill on your unemployment benefits. Know where unemployment compensation is taxable and where it isn't.
September 21, 2021
When Are 2021 Estimated Tax Payments Due?
When Are 2021 Estimated Tax Payments Due?
If you're self-employed or don't have taxes withheld from other sources of taxable income, it's up to you to periodically pay the IRS by making estima…
September 14, 2021
Subscribe to Kiplinger's Personal Finance
Be a smarter, better informed investor.
Are You Taking Advantage of the Current ‘Tax Holiday’?
Are You Taking Advantage of the Current ‘Tax Holiday’?
The tax picture is scheduled to change in the not-too-distant future, so now is a good time to make some moves to capitalize.
September 12, 2021
3 Ways to Avoid a Big Fat Tax Surprise in April
3 Ways to Avoid a Big Fat Tax Surprise in April
High-earning executives getting stock awards and bonuses in 2021 need to be prepared for the tax bills that will come with them. Here’s how to head of…
September 2, 2021
10 Things Every Worker Needs to Know About the W-4 Form
10 Things Every Worker Needs to Know About the W-4 Form
Anyone who has started a new job will know about filling out a W-4 form. Your new boss will use that information to calculate how much tax to withhold…
August 31, 2021
The 10 Most Tax-Friendly States for Middle-Class Families
The 10 Most Tax-Friendly States for Middle-Class Families
If a move from one state to another is in your future, you could save big bucks by relocating to one of these states where the tax bite is light for m…
August 31, 2021
33 States with No Estate Taxes or Inheritance Taxes
33 States with No Estate Taxes or Inheritance Taxes
Even with the federal exemption from death taxes raised, retirees should pay more attention to estate taxes and inheritance taxes levied by states.
August 31, 2021
The 10 Least Tax-Friendly States for Military Retirees
The 10 Least Tax-Friendly States for Military Retirees
Unfortunately, some states aren't very generous when it comes to helping retired veterans at tax time.
August 31, 2021
Tax-Smart Charitable Gifting Strategies
Tax-Smart Charitable Gifting Strategies
Take advantage of the current tax rules to support the charities you care about and save on your taxes at the same time. Here are a couple of notewort…
August 29, 2021
12 Questions Retirees Often Get Wrong About Taxes in Retirement
12 Questions Retirees Often Get Wrong About Taxes in Retirement
You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
August 27, 2021
Cash-Rich States Lower Taxes
Cash-Rich States Lower Taxes
The economic turnaround sparked a wave of cuts in state tax rates. But some say the efforts could backfire.
August 27, 2021
2021 Child Tax Credit Calculator
2021 Child Tax Credit Calculator
How big will your child tax credit be on your 2021 tax return? How much will you get each month in advance payments? Our calculator will give you the …
August 21, 2021
The 10 Least Tax-Friendly States for Middle-Class Families
The 10 Least Tax-Friendly States for Middle-Class Families
Failing to consider state and local taxes before moving your family to another state could cost you thousands of dollars each year.
August 17, 2021
Strategies to Deal with Potential Capital Gains Tax Increases
Strategies to Deal with Potential Capital Gains Tax Increases
Higher possible tax rates and changes in estate tax law may mean making these adjustments for your personal situation could be a good idea.
August 15, 2021
13 Tax Breaks for Homeowners and Home Buyers
13 Tax Breaks for Homeowners and Home Buyers
Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those cos…
August 12, 2021
2 Tax Credits to Claim for Energy-Efficient Home Renovations
2 Tax Credits to Claim for Energy-Efficient Home Renovations
These tax incentives reward energy-efficient home improvements in different ways. Which credit you use depends on the remodeling you do.
August 11, 2021
3 Great Reasons to Try After-Tax 401(k) Contributions
3 Great Reasons to Try After-Tax 401(k) Contributions
They won’t save you money on your taxes this year, like the more well-known (and popular) pretax 401(k) contributions do, but three types of people co…
August 9, 2021
7 Ways to Prepare for Higher Taxes
7 Ways to Prepare for Higher Taxes
The tax climate is changing, and your retirement planning strategies could use some tweaks to stay on top of the situation.
August 2, 2021
10 States with the Highest Gas Taxes
10 States with the Highest Gas Taxes
COVID-19 has made us appreciate driving our cars more, but filling up the tank will cost you more in these states.
July 28, 2021
10 States With the Lowest Gas Taxes
10 States With the Lowest Gas Taxes
Saving money is a marathon not a sprint. And even low gas taxes can help keep money in your pocket.
July 28, 2021
13 States That Tax Social Security Benefits
13 States That Tax Social Security Benefits
You may have dreamed of a tax-free retirement, but if you live in these 13 states, your Social Security benefits are subject to a state tax. That's on…
July 26, 2021
The Financial Effects of Losing a Spouse
The Financial Effects of Losing a Spouse
Even amid grief, it's important to reassess your finances. With the loss of your spouse's income, you may find yourself in a lower tax bracket or that…
July 16, 2021