Several of the provisions in the law are not permanent, and will expire in 2028.

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

If you're 65 or older, tax season just got easier—and more rewarding. Here's how to make the most of your senior tax advantages.

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on the "One Big ...

Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

Financial adviser Devin Carroll got right to work over the Fourth of July weekend assessing his clients' tax obligations after the Republican megabill was signed. The professional software he uses to ...

Poker players say tax change in Trump bill will kill professional gambling. Rep. Mark Amodei from Nevada says he didn't know it was in there.

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year ...

Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...

New Yorkers who filed a 2023 Form IT-201 resident income tax return will receive an inflation refund check of $200, $150, or ...

Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...

An independent contractor is a person or entity engaged in a work performance agreement with another entity as a non-employee.