Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.

These year-end health care moves can help you save money, leverage tax breaks, maximize benefits, and set yourself up for success in 2026.

Rising health insurance premiums and expenses on top of already higher costs for everyday items are forcing people to make ...

(a), taxpayers may deduct expenses paid during the tax year for medical care, provided these expenses are not compensated by ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at nine questions on the tax deduction ...

I’ll be 63 next month. I’ve been retired for almost a year. I’m single, have no debt, and I’m in excellent health. I have $350,000 in home equity, $1 million in a 403(b), $80,000 in a Roth IRA, ...

Cryptocurrency trading, mining, and DeFi activity create complicated tax records, and crypto accounting software helps by consolidating transactions, calculating gains and losses, and generating ...

Public Law No. 119-21, 139 Stat. 72 (2025) — known as the One Big Beautiful Bill Act — introduces a change to the treatment of gambling losses under the Internal Revenue Code. Gamblers could deduct up ...

'Once I have moved in with her, the plan is to rent out my house' "Once I have moved in, the plan is to rent out my house. The rent should cover my mortgage, taxes, upkeep, etc." (Photo subjects are ...

“Once I have moved in, the plan is to rent out my house. The rent should cover my mortgage, taxes, upkeep, etc.” (Photo subjects are models.) - Getty Images My fiancée and I are getting married this ...

My fiancée and I are getting married this spring. We are both 61 years old and we are financially secure, with enough savings to let us retire comfortably within 10 years. I am in the process of ...