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The Latest Breaking News from Kiplinger

U.S. Consumers May Feel Pinch From Panama Canal Tariff Hike

The Panama Canal tariffs on crossing ships will add to looming price hikes for U.S. consumers as Trump threatens to take control of the historic waterway.

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Where to Store Your Cash in 2025

Take a fresh look at budgeting and savings opportunities for where to store your cash this year, to ensure you leave no stone unturned.

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Trump IRS Shakeup and New Commissioner Billy Long: What's Next?

An unconventional Commissioner comes amid broader efforts to reshape the IRS and tax policy in 2025.

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Congress Claws Back Another $20 Billion from the IRS

The tax agency's IRA funding was stripped further due to a legislative error.

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Tax Credit vs. Tax Deduction: What’s the Difference?

Your guide to tax deductions and credits, how the IRS treats them differently, and how they impact your tax bill.

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Florida Tax Deadline Extension for 2025: What You Need to Know

If you live in Florida the IRS has extended your federal income tax deadlines.

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Big State Tax Changes to Watch on the 2024 Ballot

When you vote, don’t forget key state measures on everything from property tax and grocery tax relief to capital gains taxes.

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The TCJA: Key Facts on the Tax Cuts and What's Extended for 2025

How many of the extended TCJA provisions in the so-called 'One Big Beautiful Bill' (OBBB) will impact your wallet?

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What’s Happening With Taxes on Overtime Pay?

Donald Trump’s proposal to eliminate overtime tax has ignited chatter.

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Who Does the IRS Audit the Most?

The IRS has a $400K audit directive problem. Here’s what you need to know.

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Six New Tax Credits in Harris' Economic Plan: What to Know

Democratic nominee, Vice President Kamala Harris has proposed several tax breaks.

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Incorrect ERC? IRS Points to Five New Red Flags

These signs could mean there’s an error in your Employee Retention Credit claim.

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Kamala Harris Calls for 28% Capital Gains Tax, Diverging from Biden's Higher Rate

Capital gains tax rates are an important issue for some voters in the upcoming November election.

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Unrealized Gains Tax: One Important Thing to Know Now

Unrealized capital gains have taken center stage in election discussions about tax fairness and economic policy.

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Best (and Worst) Airports for Early Bird and Red-Eye Flights

Save on your flight by traveling before 8 AM or after 8 PM from these airports, and find the best drinks — coffee or cocktails — from dusk-to-dawn

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What's Wrong With Trump's Pledge to End Taxes on Social Security Benefits

Eliminating taxes on Social Security benefits could impact your finances. Here's what you need to know.

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Why This Economist Thinks the Fed Is Already Late to Cut Rates

Moody's Analytics chief economist Mark Zandi talks to Kiplinger about what he thinks the Federal Reserve is getting wrong on inflation.

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What Brings High-Net-Worth People to Everest?

Everest, Inc. author Will Cockrell discusses why high-net-worth people flock to climb Mount Everest.

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news in one place.

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High Earners: Beware of These Illegal Schemes to Lower Taxes

The IRS says high-income filers are targets for several illegal tax schemes.

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What's Happening With the Employee Retention Credit and the IRS?

Due to fraud, the ERC has received much attention lately from the IRS and Congress.

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9 Ways to 'Spring Clean' Your Finances

Don't forget to spring clean your finances this year. Not only will it make managing your money easier, it could save you some money.

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Six Tax Breaks That Get Better With Age

Depending on your age, several tax credits, deductions, and amounts change — sometimes for the better.

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Who Will Replace Mitch McConnell as Senate Republican Leader?

The runners and riders to replace Mitch McConnell as Senate Republican leader are lining up...

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India's Semiconductor Sector Eyes Expansion Amid AI Chip Boom: The Kiplinger Letter

As Wall Street’s love affair with chip firms continues, a recent report highlights India’s plans to expand its semiconductor industry.

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Odds of Republicans Retaking the Senate Gain Momentum: The Kiplinger Letter

With the Democrats facing an uphill task, all eyes are on the Republicans in the race to take the Senate.

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