In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on reporting income and tax ...

The IRS has made significant changes to Form 6765, 'Credit for Increasing Research Activities,' with new requirements set to ...

The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow a ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their ...

The fate of the IRS Direct File program remains unclear as Elon Musk and the Department of Government Efficiency cleave their ...

Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

Here are the best tax software picks for 2025. Prices and other details are accurate as of February 25, 2025. Premium: See offer landing page for details. Includes all forms + live chat support ...

Rachel Reeves is under increasing pressure to hike the personal allowance, amid fears that Britain's pensioners could fall victim to an unfair "retirement tax" trap. Campaigners are raising alarms ...

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 26, 2022 – December 30, 2022 ...