Taxable Income
News, insights and expert analysis on taxable income from the team at Kiplinger.
Latest
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The Stunning IRS Ruling That May Bankrupt Small Businesses That Took PPP Loanssmall business loans The Paycheck Protection Program rolled out with great fanfare to help save small businesses during the coronavirus pandemic. But something the IRS just did could decimate much of that benefit.
By Bruce Willey, JD, CPA
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Under the New Tax Law, Is My Alimony Tax-Free?alimony The new policy goes into effect in 2019. Older divorces can be modified to follow the new rules—if both parties agree.
By Kevin McCormally
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How to Calculate the Tax Bill on Withdrawals from Variable Annuitiesannuities Some or all of your withdrawals could be taxed, depending on how you made your initial investment and how you’re pulling money out.
By Kimberly Lankford
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7 Smart Ways to Lower Your Taxable Incometaxable income Reducing your taxable income is one of the most effective ways to lower your taxes, with some moves doing double duty as both deductions themselves and as a means to slide under income thresholds at which other taxes would kick in.
By Sandra Block
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How Annuities Are Taxedannuities The rules vary based on the type of annuity and how you take the money.
By Kimberly Lankford
annuities
