News

The president's tax bill brings charitable donation write-offs 'above the line,' allowing even filers who use standard over ...
KEY TAKEAWAYS The 'One Big, Beautiful Bill' introduced several new tax deductions, some of which will apply to the money ...
President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
Starting next year, millions of Americans — from restaurant servers to retirees — could receive lower tax bills under ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on the "One Big ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the 2025 tax year. That means eligible workers could claim the deduction when ...
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.
Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...
The Child Tax Credit is getting another update in 2025 under the new One Big Beautiful Bill. While it doesn’t match the ...