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Kevin McCormally

Chief Content Officer
Kiplinger Washington Editors

McCormally retired in 2018 after more than 40 years at Kiplinger. He joined Kiplinger in 1977 as a reporter specializing in taxes, retirement, credit and other personal finance 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.

Latest Features

Tax Breaks
November 2017

Where You Rank as a Taxpayer

Do the rich pay their fair share of taxes? How about you? Our handy tool will help you answer these questions.

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SLIDE SHOW
January 2019

Overlooked Tax Breaks for the Newly Divorced

If you’re recently divorced, add your tax situation to the long list of complications you need to deal with. For starters, if you haven’t already done so, you need to file a new W-4 form with your ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2018

Most-Overlooked Tax Breaks for Retirees

Because federal tax law reaches deep into all aspects of our lives, it’s no surprise that the rules that affect us change as our lives change. This can present opportunities to save or create costly ...

See More From: Making Your Money Last

SLIDE SHOW
December 2018

Most-Overlooked Tax Breaks and Deductions for the Self-Employed

You finally did it! You quit your old job and ventured out on your own. But, as you know, hanging out a shingle can be scary. The success of your business is in your hands when you’re self-employed, ...

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QUIZ
March 2017

Tax Deductions: Can You Tell If These Are Legit?

If trying to keep track of all the new federal tax law changes makes your head spin, you’re certainly not alone. Many popular deductions were repealed or scaled back. On the other hand, a lot of ...

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SLIDE SHOW
November 2018

Most-Overlooked Tax Breaks and Deductions

Yes, tax reform eliminated or pared back a lot of popular write-offs. It’s also true that many more people will now take the standard deduction instead of itemizing. But there are still plenty of hidden ...

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Tax Tips
April 2017

How to Handle an IRS Audit of Your Tax Return

Don’t panic, but arm yourself with knowledge. We provide links to the manuals IRS agents use to know what to look for when auditing various kinds of businesses.

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Tax Breaks
April 2018

New Pass-Through Tax Break for Retirement Income

The new tax law rewards retirees and others running side gigs and small businesses with a 20% tax deduction on qualified business income.

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Tax Prep & Filing
April 2018

3 Tax Forms That Can Accidentally Raise Your Tax Bill

Protect yourself from accidentally increasing your 2017 taxes by being misled by a member of the 1099 family.

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SLIDE SHOW
March 2018

New Tax Law: Tips for Filing Your 2017 Tax Return

All the hoopla about the tax law signed by President Trump can obscure a sneaky little secret: The rules pertaining to the 2017 tax return you're working on now are almost exactly the same as they were ...

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SLIDE SHOW
February 2018

Zombie Tax Breaks for Your 2017 Return

You have to hand it to the U.S. Congress. Where else, in the middle of the night, with the government briefly shut down for lack of funds, would a group of men and women bring back to life tax incentives ...

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QUIZ
February 2018

What Do You Know About the New Tax Brackets?

A hallmark of the new tax law signed by President Trump just before Christmas is the new structure for tax rates and tax brackets that took effect January 1. The latest tax overhaul is the most signif...

See More From: Tax Planning

Tax Tips
February 2018

Under the New Tax Law, Is My Alimony Tax-Free?

The new policy goes into effect in 2019. Older divorces can be modified to follow the new rules—if both parties agree.

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Tax Tips
February 2018

How Can I Deduct Home-Equity Interest Under the New Tax Law?

Still want to tap your home equity and deduct the interest? Options remain.

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Tax Tips
February 2018

Capital Gains and the Kiddie Tax Under the New Tax Law

Those paying the kiddie tax are in for higher rates that kick in at lower levels — but capital gains are still favored.

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SLIDE SHOW
February 2018

Tax Deductions You Shouldn't Overlook

Though the new tax law makes sweeping changes to our system, it will have almost no effect on your 2017 filing—except that this could be your last chance to take advantage of some of these too-often ...

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SLIDE SHOW
January 2018

What the New Tax Law Means for Students

The rush is on to try to figure out what’s in all the nooks and crannies of the most sweeping tax overhaul in three decades. Lawyers, accountants and plain old taxpayers are looking for ways to take ...

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