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

Nearly half of residential properties in San Jose, Sunnyvale and Santa Clara - 47.9% - have annual property-tax bills of at least $10,000. That's on top of state income taxes the homeowners are paying ...

The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.

Disclosures: TurboTax Free Edition is for Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Roughly 37% of taxpayers ...

The One Big Beautiful Bill Act is temporarily raising the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it's up to taxpayers to see if they can take ...

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 ...

One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...

ISLAMABAD: The Supreme Court held that the bank account and transactions do not necessarily form “definite income” of the ...

Are you an NJ senior homeowner? Find out how New Jersey's redesigned Senior Freeze program can simplify your property tax reimbursement.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...