1100 13th Street, NW, Suite 750Washington, DC 20005202.887.6400Toll-free: 800.544.0155
All Contents © 2018The Kiplinger Washington Editors
See All Authors »
Chief Content Officer
Kiplinger Washington Editors
McCormally joined Kiplinger in 1977 as a reporter specializing in taxes, retirement, credit and other personal finance issues. He has won several awards for his work and appears regularly on radio and TV to discuss these issues. He is the author and editor of many books, helped develop and improve popular tax-preparation software programs, and has written and appeared in several educational videos. In 2005, he was named Editorial Director of The Kiplinger Washington Editors, responsible for overseeing all of our publications and Web site. At the time, Editor in Chief Knight Kiplinger called McCormally "the watchdog of editorial quality, integrity and fairness in all that we do." In 2015, Kevin was named Chief Content Officer and Senior Vice President.
Tax lawyers, accountants and financial planners are burning the midnight oil trying to figure out all the ins and outs of the new tax law. The men and women of the IRS, given less than two weeks between ...
See More From: Tax Planning
The upcoming blizzard of little 1099 tax forms (which report various sources of "income" to the IRS) brings two key dangers:
1. Losing one that contains key information that needs to go on your 2017 ...
Lower inflation adjustments mean smaller annual increases in tax brackets, standard deductions and other breaks.
See More From: Tax Tips
The new rules will be the subject of hot political debate in eight years (or sooner).
Though the exemption remains the same, the rates are quite different.
The rise in the standard deduction means far fewer people will be deducting mortgage interest.
Forget about deducting management fees and tax-prep costs. But margin interest you still get.
Tax lawyers and accountants are burning the midnight oil trying to figure out all the ins and outs of the new tax law. The men and women of the IRS, given less than two weeks between the day President ...
The new year starts with a new tax law affecting every taxpayer in the land. Now that a jubilant President Trump has signed the massive tax overhaul into law, it’s time for the number crunching to move ...
See More From: Tax Breaks
Members of the Woodstock Generation are increasingly reaching the age at which “the establishment” demands they start unwinding their traditional IRAs and employer-sponsored retirement plans such as ...
See More From: Required Minimum Distributions (RMDs)
Congress is considering pulling the plug on a lucrative tax credit for buyers of electric cars and plug-in hybrids.
See More From: Buying & Leasing a Car
A provision tucked into the Senate tax overhaul bill would kill a little-used but potentially valuable write-off. If you’re sitting on a loss in your Roth IRA, you may want to close the account quickly so you can share the pain with Uncle Sam.
See More From: Roth IRAs
To paraphrase President Trump’s comment earlier this year about health care reform: Who knew tax reform could be so difficult?
Last-minute glitches and furious horse trading added real drama to the ...
A major change could be coming to Roth IRA conversion rules, and the end of the year could be your deadline to capitalize.
A hallmark of the major tax legislation introduced in the House of Representatives on Nov. 2 is shrinking the number of tax brackets from seven to four. The last time Congress enacted major tax reform...
See More From: Tax Prep & Filing
Taxpayers can benefit by maximizing itemized deductions this year.
But you don’t have to wait for Congress to act to open a tax-advantaged plan to save for an unborn child or grandchild’s college education.