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The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
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 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 ...
Au pairs provide full-time childcare, live in your home, and help with the kids’ daily routines, but they earn less than other types of childcare workers in the U.S.
The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive ...
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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 ...
Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...
Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on the "One Big ...
The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
The first batch of 2024 income tax refunds worth $27.8 million has been released. The Department of Revenue and Taxation, together with the Department of Administration, announced the release of ...
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