Classes are back in session in many communities across the United States. And part of the supplies that are being used to help educate our youngsters were paid for by their teachers. Every year, studies by both private groups and federal agencies report that most...

401(k) growth: As of March 31, total 401(k) plans held an estimated $5.7 trillion in assets and represented more than 19 percent of the $29.1 trillion in U.S. retirement assets, according to the Investment Company Institute (ICI). See Investment Company...

Ransomware has evolved over the last three decades from a targeted cyber attack distributed on literal floppy discs to a major electronic security crisis for individuals, companies and governments. This type of malware typically locks out...

It's official. House Democrats have formally requested copies of the last six years of Donald J. Trump's personal and business federal tax returns. Trump has steadfastly refused to make public his taxes, breaking a modern-day tradition set by presidential candidates —...

f you're self-employed, your primary focus, especially in your entrepreneurial effort's early years, likely is to just make sure your business survives. But once you're on stable business footing, it's wise to look into tax-deferred retirement plan options for your...

August is here, but few of us have put out the welcome mat. The eighth month of the year tends to be one of the hottest of the year. Most of the summer's fun events have come and gone. And school is about to start. OK, that last point is a positive for many parents...

Paycheck withholding is most Americans' introduction to taxes. But even though millions of us have been seeing income taxes come out of our checks for years, the system still is confusing for many. It became a bigger mess this filing season, when folks filed their...

It's been a summer of change for my neighborhood. Several of our neighbors have moved, including our next-door neighbors that I really liked.  My former suburban Austinites are heading off to new jobs, other subdivisions they've discovered or to be closer to...

I finally filed away all the paper copies of last year's tax documentation and for the first time, I had more medical paperwork than work receipts. Yep, 2018 (like 2017) was one of those medical years. And while I'm still enriching various Austin doctors, labs...

A year ago, the Internal Revenue Service alerted combat-injured veterans that some of them might be due tax refunds. This is the case for eligible service members who received disability severance payments after 1991 and then claimed that money as income on their tax...

We thought we wanted you March, but your "in like lion" approach this year is way too fierce. Severe weather roared through the south today, with a rash of tornadoes claiming lives and destroying property. Meanwhile, a serious winter storm is heading to the northeast,...

If you're claiming a vehicular loss or other personal property, the adjusted basis may be determined by the depreciation that reduces the auto's or property's value. An appraisal of your property's post-disaster value can help here. Compare that amount to your...

Now that you know what it looks like, let me point out some glaring issues that I see immediately: The most obvious is that lines 4-6 and 10-12 are deductions and credits that would still require additional worksheets/forms to be completed in order to calculate the...

The key to cutting your taxes is to make the proper moves not just on April 15, but all year round. These tips will help ensure that you don't miss any tax-saving opportunities. You'll find an ongoing collection of Tax Tips (just click that phrase), which includes all...

The billions of holiday shoppers who head for their electronic devices instead of malls are well aware of the precautions they need to take as they pick perfect gifts from websites. This year, everyone also needs to be on alert for tax crooks who've joined this annual...