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 ...

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 ...

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 ...

The “One Big Beautiful Bill” includes a section titled “no tax on tips,” but it doesn’t actually eliminate taxes on ...

The new No Tax on Tips baked into President Trump’s ‘Big, Beautiful Bill’ has caused confusion and anger for restaurant ...

The dividend is satisfactory, at 7.8% ($3.84 quarterly distributed), while for tax reasons it is practically a one-way option ...

Revised deductions for Social Security: Individuals 65 and older who file singly have a total deduction of $23,750 starting in 2025, including the $15,750 standard deduction, the $2,000 existing ...

Unlike other types of deductions, you can claim this one whether you take the standard deduction or itemize your deductions. Who will benefit from the new deduction?