A significant tax change for older adult taxpayers this year comes in the form of a new benefit known as the “senior bonus deduction.” Tucked into President Donald Trump’s 2025 tax bill, this ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on changes to the state and local tax deduction. The OBBB increased the SALT deduction cap to ...

Previously, parents had to wait for the state to mail them the exemption form. They still have to get the form notarized before submitting it to the school for enrollment purposes. Mateo Cardona, 4, ...

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker with the legislation’s architecture. Some are now warning that ...

The federal form, used to determine financial aid, will be available to the public on Oct. 1. Technical glitches that delayed the form for the past two years are said to have been resolved. By Ann ...

The Tax Court denied a limited liability company’s (LLC’s) claimed charitable conservation contribution deduction under Sec. 170(h) for its donation of a façade easement because the LLC failed to ...

The Treasury Department unveiled its list of jobs that will be covered by the Trump administration's "no tax on tips" policy under the One Big Beautiful Bill Act (OBBBA). President Donald Trump made ...

The Treasury Department has shared a list of 68 qualifying jobs under President Donald Trump's 'No Tax on Tips" pledge, part of the "One Big Beautiful Bill." The list of jobs is categorized by ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

Tucked away among the 940 pages of President Donald Trump’s massive One Big Beautiful Bill Act (OBBBA) are an array of new tax write-offs, exemptions that Trump promised to enact while running for a ...

The development odds of a tropical wave swirling in the Atlantic have risen once again, and the National Hurricane Center (NHC) now says a tropical depression is “likely” to form sometime this week or ...