IRS
The latest IRS (Internal Revenue Service) news, comment and features from Kiplinger
Latest
-
12 IRS Audit Red Flags for the Self-Employed
taxes If you are self-employed, minimize the odds of an IRS audit by avoiding these audit triggers.
By Joy Taylor Last updated
taxes -
How to Pay 0% in Taxes (Without Cheating)
capital gains tax Investors and retirement savers have many tools at their disposal to whittle their incomes down to a point where capital gains are taxed at a 0% tax rate. The magic number for couples? $83,350.
By Justin Goodbread, CFP®, CEPA, CVGA Last updated
capital gains tax -
When Can You File Taxes in 2023?
tax filing If you're an early bird when it comes to filing your tax return, there's good news from the IRS.
By Rocky Mengle Published
tax filing -
Are Capital Gains Taxes Keeping You From Selling Property?
A structured installment sale could help defer or reduce long-term capital gains when you sell real estate.
By Lars Larsen, Investment Adviser Representative Published
-
15 Believe It or Not Tax Breaks
Tax Breaks Your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn't even imagine.
By Joy Taylor Last updated
Tax Breaks -
Inflation and Taxes: A Married Couple's Taxes Stay the Same?
The IRS’ inflation adjustments for 2023 would help a married couple pay the same effective tax rate as in 2022 even though their income increased.
By David Weinstock, CFP®, AEP®, CPA Published
-
How to Handle an IRS Audit of Your Tax Return
tax returns Keys to success in handling an IRS audit include being well prepared, establishing credibility, and keeping your wits about you.
By Kevin McCormally Last updated
tax returns -
An RMD Deadline is Approaching Quickly – And Missing It Could Cost You Big Bucks
If you're age 72 or older, take your required minimum distribution now to avoid a big penalty or a double-dip next year.
By Rocky Mengle Published
-
Some States Could Tax Student Loan Forgiveness
taxes You probably won’t pay federal income taxes on forgiven student loan debt, but there are some states that will or could tax your student loan forgiveness.
By Kelley R. Taylor Last updated
taxes