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Kelley R. Taylor
As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.
Before joining Kiplinger, Kelley wrote for Tax Notes Today Federal (a Tax Analysts publication), where she focused on partnerships, carried interest, and high-net-worth individuals. While working as an attorney, she specialized in tax developments involving compensation and benefits and tax-exempt organizations at the global professional services firm Ernst & Young (EY).
Kelley's writing has been featured on numerous sites and publications including School Library Journal, Chicago Tribune, Yahoo Finance, Richmond Times-Dispatch, CPA Practice Advisor, INSIGHT into Diversity magazine, Nasdaq, and Principal Leadership magazine. She holds a B.A. in Psychology from William and Mary and a J.D. from Antonin Scalia Law School at George Mason University. Her work has been recognized with two national awards for publication excellence.
Latest articles by Kelley R. Taylor
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Did You Bet on the Super Bowl? Don’t Forget About Taxes
Gambling Taxes Super Bowl Sunday has come and fans are talking about the Chiefs, 49ers, Vegas, and the commercials, but what about sports betting taxes?
By Kelley R. Taylor Last updated
Gambling Taxes -
Educator Expense Deduction for 2023
Tax Breakts Some educators can deduct out-of-pocket expenses for classroom supplies when they file their federal returns.
By Kelley R. Taylor Last updated
Tax Breakts -
IRS Will Tax Your ‘Walz Check’ Minnesota Rebate: What to Know
State Rebates Minnesota Gov. Tim Walz used some choice words to describe the IRS decision to tax Minnesota rebate checks.
By Kelley R. Taylor Last updated
State Rebates -
States That Won't Tax Your EV
State Tax Most states impose additional fees on electric vehicles, but these states don’t penalize EV owners, and some also offer other tax incentives.
By Kelley R. Taylor Last updated
State Tax -
Is a Controversial Capital Gains Tax Headed for Repeal?
Capital Gains After generating close to $900 million in revenue in its first year, Washington's capital gains tax could end up on the November 2024 ballot.
By Kelley R. Taylor Last updated
Capital Gains -
FTC: Intuit TurboTax Free Filing Ads Are Deceptive
Tax Filing The FTC says free tax filing ads for Intuit TurboTax are misleading taxpayers.
By Kelley R. Taylor Last updated
Tax Filing -
Families and Businesses Would Get Big Tax Breaks in Bipartisan Tax Deal
Tax Changes A new bipartisan tax deal could change the child tax credit, R&D expensing, and the employee retention tax credit.
By Kelley R. Taylor Last updated
Tax Changes -
What is the Gift Tax Exclusion for 2024?
Gift Tax Knowing the annual gift tax exemption can save you time and money.
By Kelley R. Taylor Last updated
Gift Tax -
Will a Supreme Court Case About Fishing Water Down the IRS?
Supreme Court The U.S. Supreme Court just heard oral arguments in a case about Chevron deference that has implications far beyond the fishing industry.
By Kelley R. Taylor Last updated
Supreme Court -
EV Charger Tax Credit: What You Need to Know
Tax Credits The federal EV charger tax credit is back with a few key changes to know.
By Kelley R. Taylor Last updated
Tax Credits -
State Tax Changes: What’s New for 2024
State Taxes As of Jan. 1, several state tax reforms have gone into effect that can impact your finances.
By Kelley R. Taylor Last updated
State Taxes -
The EV Tax Credit Changed Again New Year’s Day: What to Know
Tax Credits The federal tax credit for electric vehicles has changed again for 2024. Here’s what you need to know if you want to buy an EV.
By Kelley R. Taylor Last updated
Tax Credits -
Social Security Tax Wage Base Jumps 5.2% for 2024
Social Security Wealthier taxpayers will have more Social Security tax taken from their paychecks this year.
By Kelley R. Taylor Last updated
Social Security -
New Florida Tax-Free Holiday: What to Know
Sales Tax Starting New Year's Day, Floridians can enjoy a second back-to-school sales tax holiday.
By Kelley R. Taylor Last updated
Sales Tax -
A Few Year-End Tax Moves to Make by New Year’s Eve
Tax Planning Before you ring in the new year, consider some year-end tax strategies that can reduce your tax liability.
By Kelley R. Taylor Last updated
Tax Planning -
IRS Won’t Process New Employee Retention Tax Credit (ERTC) Claims
Tax Credits Due to an alarming amount of fraud, the IRS has stopped processing new ERC tax credit claims.
By Kelley R. Taylor Last updated
Tax Credits -
Is the IRS Waiving Your Back Tax Penalties?
Tax Relief The IRS is waiving penalties for nearly $1 billion in back taxes owed during the pandemic. Are you eligible?
By Kelley R. Taylor Last updated
Tax Relief -
SECURE 2.0 Act Summary: New Retirement Plan Rules to Know
Retirment Plans The SECURE 2.0 Act makes significant changes to retirement savings plans. Here's what you need to know.
By Kelley R. Taylor Last updated
Retirment Plans -
529 Plan Contribution Deadlines
529 Plans Many states have year-end deadlines for making 529 college savings plan contributions.
By Kelley R. Taylor Last updated
529 Plans -
How to Earn Tax-Free Rental Income — Legally
Income Tax An IRS rule can sometimes be used (but not abused) to claim tax-free rental income on your home.
By Kelley R. Taylor Last updated
Income Tax -
Will SCOTUS Uphold Wealth Taxes?
Supreme Court The U.S. Supreme Court heard arguments in a case that some say could upend the U.S. tax code.
By Kelley R. Taylor Last updated
Supreme Court -
One Key Rule for Understanding 2023 RMDs
RMDs Required minimum distribution (RMD) rules can be confusing, but there is a guideline that can help.
By Kelley R. Taylor Last updated
RMDs -
States Sending 'Stimulus' Checks in 2024
Rebate Checks Some people are receiving one-time state rebate checks. Is your state sending money?
By Kelley R. Taylor Last updated
Rebate Checks -
2023 401(k) Contribution Deadline
401(k) Contributions Year-end is the deadline for making max 401(k) contributions that can increase your savings for retirement and help lower your tax bill.
By Kelley R. Taylor Last updated
401(k) Contributions