Latest articles by Kelley R. Taylor
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Will an IRS Tax Prep Service Replace H&R Block or TurboTax?
Tax Filing IRS Direct File has some wondering if people will leave H&R Block and TurboTax and let the IRS do their taxes.
Tax Filing -
The Standard Deduction: What You Need to Know for 2024 and 2025
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
Tax Breaks -
Do You Stop Paying Taxes on Social Security at a Certain Age?
Social Security There’s some confusion over whether you can escape taxes on Social Security benefits based on age.
Social Security -
SALT Deduction: Three Things to Know for 2025
Tax Deductions Changes to the state and local tax deduction and the looming TCJA expiration have brought this tax break into the spotlight.
Tax Deductions -
California Tax Deadline Extended Due to LA Wildfires: What to Know for 2025
Tax Deadlines Some Californians had more time to file federal returns because of natural disasters.
Tax Deadlines -
Not Ready to File Taxes? Eight Things to Do Now to Prepare
Filing Taxes Now is a good time to review your financial situation and prepare to file your 2024 federal income tax return.
Filing Taxes -
2024 and 2025 Tax Brackets and Federal Income Tax Rates
Income Tax Knowing your federal tax bracket is essential, as it determines your marginal income tax rate for the year.
Income Tax -
H&R Block Faces Hefty $7 Million Fine: What It Means for Taxpayers
Tax Filing A tax prep industry giant was accused of deceiving customers and making downgrading difficult.
Tax Filing -
Withholding Tax From Your Social Security Benefits
Social Security Having taxes withheld from Social Security benefits can help retirees avoid a surprise when tax season arrives.
Social Security -
SECURE 2.0 Act Summary: New Retirement Savings Changes to Know
Retirment Plans The SECURE 2.0 Act makes significant changes to retirement savings plans. Here's what you need to know.
Retirment Plans -
New Social Security Tax Reforms Change Benefits in Two States
Retirement Taxes As the calendar turns to a new year, some retirees have tax reasons to celebrate.
Retirement Taxes -
$7,500 EV Tax Credit at Risk as Hyundai, Kia Models Finally Qualify
Tax Credits Electric vehicles from Hyundai and Kia are eligible for a $7,500 clean energy tax break. But is the popular tax credit on its way out?
Tax Credits -
Social Security Tax Limit for 2025
Social Security Wealthier taxpayers will have more Social Security tax taken from their paychecks this year.
Social Security -
Capital Gains Tax Rates: 2024 and 2025
Capital Gains Tax Navigating capital gains tax can be complex, but knowing the applicable tax rates and thresholds can help you plan your investments.
Capital Gains Tax -
The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
Tax Deductions -
States With Low and No Capital Gains Tax
Capital Gains Low-tax states, including states with no capital gains tax, are selling points for many people.
Capital Gains -
Protect Your Retirement: Seven RMD Mistakes to Avoid
Retirement RMD mistakes can lead to IRS tax penalties and in some cases, more taxable income than necessary.
Retirement -
New Year's Eve RMD Deadline: What to Know and What to Do
Tax Deadlines The year-end deadline for required minimum distributions is critical for many retirees.
Tax Deadlines -
Three Often-Overlooked Ways to Cut Your Tax Bill Now
Tax Planning Act before 2024 ends to set yourself up for potential savings when it's time to file your tax return.
Tax Planning -
States That Won’t Tax Your Powerball Winnings
Lottery Taxes Some states won’t take a tax bite out of your Powerball jackpot or Mega Millions payout.
Lottery Taxes -
The IRS Is Sending Up to $1,400 to One Million People: Are You Eligible?
Tax Credits A million taxpayers overlooked valuable tax relief during the pandemic and could receive an automatic payment.
Tax Credits -
Top Tax Stories of 2024 and 2025 Tax Changes to Watch
Tax News The Kiplinger tax team is looking back at popular tax stories and looking ahead to key potential tax changes in the new year.
Tax News -
Youngkin Pushes Virginia Tax Relief: Car Tax Credits and No Tax on Tips
State Tax No tax on tips was a popular refrain during the presidential campaign. Now, Virginia’s governor has a similar plan and is looking at car taxes.
State Tax -
New Supreme Court Tax Case Involves Religious Freedom: What to Know
Tax Law The U.S. Supreme Court will consider a labor tax dispute that could have significant implications for religious organizations.
Tax Law
