In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

As tax season progresses in the United States, many taxpayers face the process with anticipation to know the dates and ...

In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for ...

When you sell your home, you may owe capital gains tax on the profit from the sale. The IRS calculates this by subtracting your cost basis (what you originally paid for the home, plus certain ...

Without access to a 401 (k) account, one of the best tools available to you is an individual retirement account. An IRA is ...

Earned Income Tax Credit: While the EITC isn't limited to families, taxpayers with children reap the biggest rewards. Designed for low- to moderate-income taxpayers, the EITC ranges from $600 to a ...

The onerous process has some of them calling for the Canada Revenue Agency (CRA) to provide a filing extension.

Understanding which tax credits you qualify for can make a big difference in how much you pay to the government. One of the ...

The differing opinions highlight how energy is one of the policy areas that has the widest spectrum of views within the GOP ...

Greenwich's tax assessor, Lauren Elliott, calculated — using a 2013 and 2023 Toyota Highlander as examples — that the new depreciation schedule would mean a relatively minor change in car taxes. The ...

The Social Security Administration’s yearly distribution schedules for 2025 and 2026 are available ... Combined income ...