The federal income tax filing deadline for most individuals is Tuesday, April 17, 2018.

There's still time to make a regular IRA contribution for 2017! For most taxpayers, the contribution deadline for 2017 is April 17, 2018.

“How much pain have cost us the evils which have never happened.”  In a time of greater market volatility, national political and geopolitical concerns, and technological change, it is natural to worry, and worry is often painful. 

After reaching all-time highs on January 26, 2018, the Dow Jones Industrial Average and the S&P 500 went into a two-week slide.

It cannot be emphasized enough: there is a world of difference between a broker and an advisor, even though much of the American investing public is aware of neither the distinction nor the difference.

Markets have hit a rough patch to start February after a very strong recent period of performance. We are very lucky to have a wonderful client base that has been through many market downturns.

College students and their parents dodged a major bullet with the legislation, as initial drafts of the bill included the elimination of Coverdell Education Savings Accounts, the Lifetime Learning Credit, and the student loan interest deduction.

2017 was tumultuous not just in Houston but in the entire United States of America, building on the very dramatic and nation altering election-related events of 2016.  Much of the tumult, of course, continues to be related to American politics generally and specifically the highly volatile Trump presidency.

The Tax Cuts and Jobs Act, a $1.5 trillion tax cut package, was signed into law on December 22, 2017. The centerpiece of the legislation is a permanent reduction of the corporate income tax rate.

Eligible long-term care premium deduction limits

Per diem limit

Archer Medical Savings Accounts

Flexible spending account (FSA) for health care

Health Savings Accounts (HSAs)

Key Estate Figures

2017 and 2018 gift and estate tax rate schedule

Maximum tax on long-term capital gains and qualified dividends

Unearned income Medicare contribution tax ("net investment income tax")

Adoption Assistance Program, Earnings subject to FICA taxes (taxable wage base), Health insurance deduction for self-employed, Qualified transportation fringe benefits, Section 179 expensing, Small business tax credit for providing health-care coverage, Special additional first-year depreciation allowance, Standard mileage rate (per mile), Tax on accumulated earnings and personal holding company income

Coverdell education savings accounts

Deduction for qualified higher education expenses

Education loans--interest deduction

Gift tax exclusion

Kiddie tax

American Opportunity and Lifetime Learning Credits

U.S. savings bonds--interest exclusion for higher education expenses

Employee/individual contribution limits

Employer contribution/benefit limits

Compensation limits/thresholds

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act, a sweeping $1.5 trillion tax-cut package that fundamentally changes the individual and business tax landscape.

The Tax Cuts and Jobs Act legislation was signed into law on December 22, 2017. The Act makes extensive changes that affect both individuals and businesses.

The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your year-end tax planning.

For the one-week period ending on November 15, 2017, investors withdrew a net $4.43 billion from U.S. funds holding high-yield bonds (often called junk bonds) — the third largest exodus from such funds on record.

The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium in 2018 will remain $134 (or higher, depending on your income).