The federal government helps defray at least some small portion of those costs with the child and dependent care credit, ...

Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

Republicans are working to pass President Trump’s signature tax bill that could strip eligibility to claim the child tax ...

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

The goal is not to improve program efficiency, but to pay for tax cuts for the very wealthy by denying people benefits ...

If you’re a millionaire, congratulations, you have made it, and you should only be thinking about what to do with all of your ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on hobby losses, I ...

(Adjusted gross income, AGI, of no more than $75,000 for ... that burden by allowing seniors to keep more of their hard-earned money." Additionally, several proposals from lawmakers on both ...

Read also: Child tax credit to jump to $2,500 ... The income thresholds are adjusted gross income, increased by certain exclusions including foreign earned income and foreign housing costs.