A Republican-led initiative to slash the IRS budget by over 20% has ignited a fierce debate in Washington. The proposal, ...

Here’s how they affect your family’s tax bill. Inflation pushes the Internal Revenue Agency to release new tax rates and deductions for next year.

The 'One Big Beautiful Bill' (OBBB) introduced under President Trump's administration has reshaped the U.S. tax code. While some changes promise increased refunds for certain taxpayers, the ...

Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...

Edmunds reports EV tax credits will end September 30, 2025. New buyers can claim up to $7,500; used buyers up to $4,000, with eligibility requirements.

The Internal Revenue Service says it will relax its longstanding ban on churches engaging in political campaign activity.

The “big, beautiful bill” offers many new tax breaks, but some are temporary, and they have varying start dates. Check out ...

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

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

Micron Technology stands to gain about $5 billion in new tax breaks for its massive chipmaking complex in Central New York after President Donald Trump’s big bill boosted incentives for chip plants.

Donors have several months to plan their contributions before changes from the One Big Beautiful Bill kick in.

The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this ...