Tax Planning
News, insights and expert analysis on tax planning from the team at Kiplinger.
Latest
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How to Give Your Kids Cash Gifts Without the IRS Paperwork
Most people can gift large sums without paying tax or filing a return, especially by structuring gifts across two tax years or splitting gifts with a spouse.
By Jeremy Keil, CFP®, CFA®, CKA®
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How to Steer Clear of the Medicare Tax Torpedo
Better beware, because if you go even $1 over an important income threshold, your Medicare premiums could rise exponentially due to IRMAA surcharges.
By John J. Gardner, IAR
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3 Year-End Tax Moves You Can't Afford to Miss
Don't miss out on this prime time to maximize contributions to your retirement accounts, do Roth conversions and capture investment gains.
By Daniel Razvi, Esquire
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A Tax Diversification Strategy for Your Retirement Income
Spreading savings across three "tax buckets" — pretax, Roth and taxable — can help give retirees the flexibility to control when and how much taxes they pay.
By Kyle Hammerschmidt, Investment Adviser
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Older Taxpayers: Don't Miss This Hefty (Temporary) Tax Break
If you're age 65 or older, you can claim a "bonus" tax deduction of up to $6,000 through 2028 that can be stacked on top of other deductions.
By Brian Gray
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5 RMD Mistakes That Even Seasoned Retirees Can Make
The five biggest RMD mistakes retirees make show that tax-smart retirement planning should start well before you hit the age your first RMD is due.
By Jeremy Keil, CFP®, CFA®, CKA®
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Retirement Triple Play: 3 Tax Breaks to Lower Your 2026 Bill
Good news for older taxpayers: Standard deductions are higher, there's a temporary "bonus deduction" for older folks, and income thresholds have been raised.
By Michael Greenlund
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If You're Retired or Soon to Be, Don't Miss These Tax Breaks
The OBBB offers some tax advantages that are particularly beneficial for retirees and near-retirees. But they're available for only a limited time.
By Alex Angst
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Ask the Editor: Capital Gains and Tax Planning
Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on capital gains tax rates and end-of-year tax planning
By Joy Taylor
Ask the Editor
