Bio Joy Taylor

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Joy Taylor

Editor
The Kiplinger Tax Letter

Prior to joining Kiplinger in 2010, Joy worked as a tax attorney in Washington, D.C., for 15 years. She earned an accounting degree and a JD from the University of Houston, and a master's degree in tax law from New York University. After years of working in big law firms, Joy saw the light and now puts all of her education and legal experience to use in writing about taxes for the Tax Letter and Kiplinger.com.

Latest Features

SLIDE SHOW
November 2019

10 IRS Audit Red Flags for Retirees

You may be wondering about your odds of an IRS audit. Most people can breathe easy. The vast majority of individual returns escape the IRS audit machine. In 2018, the Internal Revenue Service audited only ...

See More From: Tax Prep & Filing

SLIDE SHOW
November 2019

20 IRS Tax Audit Red Flags

Have you ever wondered why some tax returns are eyeballed by the IRS while most are ignored? Short on personnel and funding, the IRS audited only 0.59% of all individual tax returns in 2018, and the vast ...

See More From: Tax Prep & Filing

Tax Breaks
September 2019

Tax Tip: Write Off Losses Caused by Natural Disasters

Understand IRS rules to get the maximum tax relief for property losses resulting from floods, earthquakes, wildfires, hurricanes and more.

See More From: Tax Breaks

Tax Planning
May 2019

Watch Out for Tax Audit Red Flags

How to be prepared in case the IRS questions your tax return.

See More From: Tax Planning

SLIDE SHOW
March 2019

How 11 Types of Retirement Income Get Taxed

When you’re planning for retirement, it’s fun to contemplate all the cruises, rounds of golf and restaurant meals you have ahead of you. You've earned it! However, many retirees don’t take into consideration ...

See More From: Making Your Money Last

SLIDE SHOW
December 2018

Tax Breaks and Deductions You Won't Believe Are Real

Okay, admit it: As you’ve struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you’ve taken a few flights of fancy. “Can I claim ...

See More From: Tax Breaks

SLIDE SHOW
December 2018

14 Nice-Try Tax Breaks Rejected by the IRS

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. We’ve come up with 14 of the most creative ones that the courts decided did not quite work. SEE ALSO: ...

See More From: Tax Breaks

SLIDE SHOW
December 2018

Red Flags for IRS Auditors

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.60% of all individual tax returns in 2017, ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2018

Red Flags That Raise Audit Chances for Retirees

In 2017, the Internal Revenue Service audited only 0.60% of all individual tax returns, and the vast majority of these exams were conducted by mail. So the odds are generally pretty low that your return ...

See More From: Tax Prep & Filing

SLIDE SHOW
May 2018

What the New Tax Law Means for Small Businesses

The most sweeping tax overhaul in three decades brings lots of good cheer for businesses, ranging from a lower corporate tax rate to big tax savings for asset purchases. But there are also some deductions ...

See More From: Small Business

SLIDE SHOW
January 2018

Tax Breaks You Won't Believe Are Real

Okay, admit it: As you've struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you've taken a few flights of fancy. "Can I claim a ...

See More From: Tax Breaks

SLIDE SHOW
January 2018

Nice-Try Tax Breaks Rejected by the Courts

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. We’ve come up with 14 of the most creative ones that the courts decided did not quite work. As secret ...

See More From: Tax Prep & Filing

SLIDE SHOW
January 2018

26 Ways the GOP's Tax Reform Will Affect Your Wallet

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

SLIDE SHOW
December 2017

Red Flags That Could Attract an Audit for Retirees

In 2016, the Internal Revenue Service audited only 0.70% of all individual tax returns. So the odds are generally pretty low that your return will be picked for review. That said, your chances of ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2017

Self-Employed? Avoid These Audit Red Flags on Your Tax Return

Being in business for yourself can be exciting, lucrative – and a great way to draw the attention of the Internal Revenue Service’s audit division. Short on personnel and funding, the IRS audited only ...

See More From: Tax Prep & Filing

SLIDE SHOW
December 2017

Amazing Tax Deductions And Breaks

Okay, admit it: As you've struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you've taken a few flights of fancy. "Can I claim a ...

See More From: Tax Breaks

SLIDE SHOW
December 2017

18 Nice-Try Tax Breaks Rejected by the IRS

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. We’ve come up with 12 of the most creative ones that the courts decided did not quite work. As secret ...

See More From: Tax Breaks

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