Flexible spending accounts are offered by employers, and contributions are limited annually (in 2025, the limit is $3,300).

Amidst the 2025 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

For individual clients, the Legislation provides estate and tax planning opportunities, including through the increase in the federal gift, estate ...

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

Trying to keep up with changes can be a lot to digest, but focusing on the most impactful can help you stay informed without being overwhelmed.

A new savings program sparks controversy by suggesting it could reshape Social Security from within, the Treasury Secretary ...

Trump’s popular policy will cut taxes on overtime pay for millions of workers, but the deduction excludes airline and ...

Now that the “One Big Beautiful Bill Act” (OBBBA) passed, could you recap the highlights and how I might be impacted? Answer: You’re not alone in wanting to understand what this legislation may mean ...

The measure is often referred to as the SALT income tax deduction. (SALT stands for “state and local taxes.”) It allows ...

No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they ...

“We've been awakened to a problem on the teachers' payslips that yesterday, teachers were expecting to smile to the bank ...

No one wants to pay more in taxes than they have to. Here are nine IRS-approved strategies the wealthy use to pay less in ...