taxes

Kiplinger's Tax Map for Retirees: About Our Methodology
retirement

Kiplinger's Tax Map for Retirees: About Our Methodology

Here's how we put together our Retiree Tax Map and related content.
December 17, 2021
10 Least Tax-Friendly States for Retirees
retirement

10 Least Tax-Friendly States for Retirees

Retirees in these states are likely to have a higher overall state and local tax burden than retirees in other states.
December 17, 2021
10 Most Tax-Friendly States for Retirees
retirement

10 Most Tax-Friendly States for Retirees

Moving to a low-tax state in retirement can help make your retirement savings last longer.
December 17, 2021
Child Tax Credit Payment Schedule for 2021
Tax Breaks

Child Tax Credit Payment Schedule for 2021

The IRS sent six monthly child tax credit payments in 2021. Will they send any more in 2022?
December 16, 2021
Last Child Tax Credit Payment in 2021 Sent December 15
Tax Breaks

Last Child Tax Credit Payment in 2021 Sent December 15

The IRS is delivering the last round of monthly child tax credit payments in 2021.
December 15, 2021
Taxes on Unemployment Benefits: A State-by-State Guide
state tax

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.
December 13, 2021
10 States With the Highest Sales Taxes
state tax

10 States With the Highest Sales Taxes

When both state and local taxes are considered, you'll pay more sales tax when shopping in these states.
December 13, 2021
33 States with No Estate Taxes or Inheritance Taxes
retirement

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.
December 13, 2021
20 Most-Overlooked Tax Deductions, Credits and Exemptions
Tax Breaks

20 Most-Overlooked Tax Deductions, Credits and Exemptions

Want to lower your tax bill? Then don't miss these frequently overlooked tax breaks.
December 9, 2021
5 States With No State Sales Tax
Tax Breaks

5 States With No State Sales Tax

A handful of states don't impose a sales tax, but that doesn't necessarily make them the best states for low taxes.
December 7, 2021
10 States with the Highest Gas Taxes
state tax

10 States with the Highest Gas Taxes

Whether you're simply saving a few bucks while road-tripping or saving big bucks on regular fill-ups all year long, crossing state lines for gas can p…
December 3, 2021
The Most-Overlooked Tax Breaks for Retirees
Tax Breaks

The Most-Overlooked Tax Breaks for Retirees

Unfortunately, seniors often miss tax-saving opportunities that are available to them. Don't let that happen to you!
December 3, 2021
How 10 Types of Retirement Income Get Taxed
retirement

How 10 Types of Retirement Income Get Taxed

When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don't forget about taxes.
December 3, 2021
12 States That Tax Social Security Benefits
social security

12 States That Tax Social Security Benefits

You may have dreamed of a tax-free retirement, but if you live in one of these states, your Social Security benefits may be subject to state taxes.
December 2, 2021
18 States With Scary Death Taxes
inheritance

18 States With Scary Death Taxes

Federal estate taxes are no longer a problem for all but the extremely wealthy, but several states have their own estate taxes and inheritance taxes t…
December 2, 2021
Give Cash Now, Cut Your Estate Tax Later
taxes

Give Cash Now, Cut Your Estate Tax Later

During this season of giving, take advantage of the annual gift tax exclusion before the year ends.
December 2, 2021
Final Child Tax Credit Payment Opt-Out Deadline is November 29
Tax Breaks

Final Child Tax Credit Payment Opt-Out Deadline is November 29

The due date for opting out of the December 15 monthly child credit payments is almost here. Missing the deadline could cost you in the long run.
November 24, 2021
The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill
Politics

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.
November 22, 2021
19 Believe It or Not Tax Breaks
Tax Breaks

19 Believe It or Not Tax Breaks

Your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn't even imagine. But be careful if you plan on follow…
November 22, 2021
Year-End Tax Planning Comes with a Twist in 2021
tax planning

Year-End Tax Planning Comes with a Twist in 2021

Some of the most common strategies people use to hold their taxes down are being turned on their ears this year, thanks to possible changes in tax law…
November 21, 2021
Child Tax Credit 2022: How Next Year's Credit Could Be Different
Tax Breaks

Child Tax Credit 2022: How Next Year's Credit Could Be Different

President Biden wants to extend the enhancements made to the 2021 child tax credit – but with some important differences.
November 19, 2021
State-by-State Guide to Taxes on Middle-Class Families
state tax

State-by-State Guide to Taxes on Middle-Class Families

State tax rates and rules for income, sales, gas, property, cigarette, and other taxes that impact middle-class families.
November 19, 2021
The 10 Least Tax-Friendly States for Middle-Class Families
state tax

The 10 Least Tax-Friendly States for Middle-Class Families

It can cost you thousands of dollars each year if you fail to consider state and local taxes before moving your family from one state to another.
November 19, 2021
The 10 Most Tax-Friendly States for Middle-Class Families
state tax

The 10 Most Tax-Friendly States for Middle-Class Families

If you're thinking about changing jobs and moving to a different state, you could save big bucks by relocating to one of these states where the tax bi…
November 19, 2021
5 Year-End Moves to Help Retirees Trim Their Tax Bill
taxes

5 Year-End Moves to Help Retirees Trim Their Tax Bill

The end of the year is a great time to start thinking about next year's tax bill. Here are some strategies on how to reduce what you will owe Uncle Sa…
November 17, 2021
Teachers Can Deduct COVID-Prevention Supplies on Their Tax Return
Tax Breaks

Teachers Can Deduct COVID-Prevention Supplies on Their Tax Return

Eligible educators can write off expenses for COVID-19 protective items that help stop the spread of the virus in the classroom.
November 17, 2021