Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...
In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...
Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
The tax break for tipped workers, worth up to $25K in 2025, sounds straightforward but doesn't apply to all tips or all jobs ...
Domain Money reports effective tax optimization strategies can significantly lower tax burdens for all income levels through ...
Eligible taxpayers (student, parent or spouse) can claim the credit for 100% of the first $2,000 spent on qualified education ...
Learn about India's optional tax regime under Section 115BAC, which offers lower tax rates in exchange for giving up various exemptions and ...
The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep." ...
If you work from home, you may be able to deduct your business-related expenses. But if you don't qualify for that, you could be eligible for the "home office tax deduction." This tax break lets you ...
Explores how India's tax code uses concessions, exemptions, and deductions to achieve public policy goals, aligning with constitutional directives and social ...
The IRS will raise 2026 tax brackets to account for inflation, boosting take-home pay for millions. Here's what it means for ...
They say that what happens in Vegas stays in Vegas. Yet, when it comes to Donald Trump’s “no tax on tips” law, what began as ...