Latest articles by Kelley R. Taylor
-
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 -
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 -
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 -
Wyoming Tax Guide
State Tax State tax rates and rules for income, sales, property, gas, cigarette, and other taxes that impact Wyoming residents.
State Tax -
How Collectibles Are Taxed: A Closer Look at Capital Gains Rules
Collectibles Gains on collectibles like gold can be subject to a higher rate than for most other investments.
Collectibles -
Tax Pros: Is Someone Fraudulently Filing Returns With Your PTIN?
Tax Filing An unmonitored preparer tax identification number (PTIN) can lead to serious issues.
Tax Filing -
Will Utah Stop Taxing Social Security Benefits?
Retirement Taxes Utah Gov. Spencer Cox wants to end the state's tax on Social Security income.
Retirement Taxes -
Your MAGI in Retirement: Year-End Tax Strategies to Save Money
Taxable Income Strategic moves now can make a difference in your modified adjusted gross income (MAGI) when it’s time to file your return.
Taxable Income -
How to Reduce Your Property Tax
Property Tax Homeowners cannot avoid property taxes, but there are strategies to potentially decrease your bill.
Property Tax -
New IRS 1099-K Changes: What to Expect from PayPal, Venmo, More
Selling Online A new IRS 1099-K tax reporting requirement for payment networks like Venmo, PayPal, Amazon, and Cash App is supposed to apply for 2024.
Selling Online -
Louisiana Has a New Income Tax Rate: What It Means for You
State Taxes Louisiana lawmakers passed a massive tax reform bill including changes to the state income tax and sales tax rates.
State Taxes -
2024 Thanksgiving Meal Cost: Grocery Taxes and Your Food Budget
Food Prices Some families are navigating high food prices influencing what’s on the table this Thanksgiving.
Food Prices
