In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

Explore whether financial advisor fees are tax-deductible. Learn about the impact of tax laws, specific deductions, claiming ...

The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections ...

Question: My son lives in Arizona and receives pension income from the Arizona Retirement System. He recently started teaching part time, and he is paid on a contract basis on an IRS Form 1099. We are ...

The Tax Court denied the IRS’s argument that the money, which the sheriff had repaid, was includible in her income as embezzled funds.

This type of investment expense used to be deductible as a miscellaneous itemized deduction on Schedule A of the Form 1040 (subject to the 2%-of-adjusted-gross-income limit), but the 2017 Tax Cuts ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

See IRS Schedule A, Itemized Deductions, for more information. If you’re close to the cutoff, consider making extra contributions to charity this year rather than next year – a strategy expert ...

Financial planners who take their customers through a difficult calculation can add a lot of value that may sometimes get ...