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Kevin McCormally

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.

Latest Features

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...

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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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SLIDE SHOW
January 2018

How New Tax Law Affects Retirees, Retirement Plans

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 ...

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SLIDE SHOW
January 2018

Tax Forms That Can Accidentally Increase Your Tax Bill

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 ...

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Tax Tips
January 2018

How "Chained" Inflation Will Erode the New Tax Cuts

Lower inflation adjustments mean smaller annual increases in tax brackets, standard deductions and other breaks.

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Tax Tips
January 2018

Tax Cuts for Now. But What Happens in 2026?

The new rules will be the subject of hot political debate in eight years (or sooner).

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Tax Tips
January 2018

Big Change Afoot for the "Kiddie Tax" Under the New Tax Law

Though the exemption remains the same, the rates are quite different.

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Tax Tips
January 2018

Gaming the Mortgage Interest Deduction Under the New Tax Law

The rise in the standard deduction means far fewer people will be deducting mortgage interest.

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Tax Tips
January 2018

An Investing Tax Break that Survived Under the New Tax Law

Forget about deducting management fees and tax-prep costs. But margin interest you still get.

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