In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the gain exclusion tax break when you sell your home.

The 2024 tax filing deadline may have come and gone, but that doesn't mean your chance to file has disappeared with it. A significant number of Americans miss the tax deadline every year, some ...

Got questions about the new deductions for tips, overtime, seniors and car loans? Here’s what you’ve been asking—along with my answers—about those, as well as other updated tax provisions.

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the tax rules for ...

Instead of getting one big check, you could see that money spread out throughout the year to help cover monthly expenses Jasmine Johnson is an Accredited Financial Counselor and Accountant. She has ...

About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their ...

LOWCOUNTRY, S.C. (WCIV) — Time is ticking down until the 2025 tax deadline, and Lowcountry residents are getting their paperwork in order to file their personal taxes for the year. For those last ...

In 2017, President Donald Trump and a Republican controlled Congress successfully enacted the Tax Cuts and Jobs Act (TCJA) into law. (The majority of its provisions took effect in 2018.) According to ...