Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

State and local taxes — or SALT — deduction can make a major difference in how many dollars your household owes or earns come ...

Retirees must wait another five and a half weeks (give or take a few days) for the Social Security Administration (SSA) to ...

In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...

IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and ...

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.

A key feature of this bill is what’s being called the senior bonus, or senior deduction. Beginning in 2025 and running through 2028, taxpayers aged 65 or older can take an additional “bonus” deduction ...

The tax rule change mostly benefits homeowners in high-income, high-tax states around the country, especially those on the coasts.

The Treasury Department is moving closer to making President Donald Trump’s “no tax on tips” promise a reality. But new ...

Starting in 2026, higher earners will face additional limits on itemized deductions—making proactive planning before the end ...

Question: I recently received a “Federal Juror Qualification Questionnaire” in the mail. The letterhead says “United States ...