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

As the holiday season approaches, so does the season of giving. And while generosity is often its own reward, charitable ...

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

President Donald Trump's One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 ...

Learn about Tax Deductions - its definition, types, limits, benefits, and strategies. Maximize your investment returns and reduce tax liability.

Opinion: Adequate disclosure can help start the statute of limitations on gift tax and avoid potential valuation-related ...

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

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

While Giving Season hasn't officially arrived yet, it's a sure bet that financial advisors across the country are touching base with philanthropic clients to start talking about strategies for ...

The One Big Beautiful Bill (OBBB) introduces significant tax benefits for auto loans and charitable donations, offering strategic tools for managing Adjusted Gross Income (AGI).