Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our highly experienced team (Get a free issue of The Kiplinger Tax Letter or subscribe). You can only get the full array of advice by subscribing to the Tax Letter, but we will regularly feature snippets from it online, and here is one of those samples…
As you go to the polls this election season, tax and fiscal policy are big issues to consider. Much of the 2017 tax reform law (the Tax Cuts and Jobs Act) is expiring after 2025, including lower federal income tax rates for individual taxpayers, higher standard deductions, bigger lifetime estate and gift tax exemptions, and more. Unless lawmakers act to extend the provisions, they’ll revert to the rules that were in effect for 2017.
