The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...

Those with taxable income of Rs 12.75 lakh or less can get a tax rebate of up to Rs 60,000, bringing their tax down to zero.

Roughly 800,000 retirees in Kentucky will see their Social Security income go untaxed starting in 2026 under a new federal ...

The staggered nature of President Donald Trump’s One, Big, Beautiful Bill Act means its full impact will not be seen for ...

The new deduction also has income limits that phase out the deduction as owners earn more. The limit for single filers is $100,000 of adjusted gross income, and $200,000 for those married filing ...

Roughly 700,000 retirees in Louisiana are expected to gain from a new federal deduction that exempts most Social Security ...

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

The IRS has announced it’s working on developing new guidance and updated forms for tax year 2026, which will include changes ...

The so-called "One Big Beautiful Bill" makes changes to childcare, paid family leave and student loan reimbursements.

Buzz has begun about whether the IRS will delay its 2026 tax filing kickoff. IRS says it will announce the timing of "opening in the regular course." ...

Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed ...

The U.S. is facing a steep decline in international travelers—and this fee will only make it worse, say tourism officials.