The first day of school will be here before you know it, and you’ll likely want to get the most bang for your buck when shopping for back-to-school materials. Those looking to save can take advantage of this year’s tax-free holiday weekend in August.

Texas has spent billions of dollars to drive down property taxes. Many homeowners saw a significant tax cut last year, per a Texas Tribune analysis.

After years of sticker shock, many Bexar County homeowners may feel some relief when they see their new appraisals.

A New Braunfels business woman who failed to account for and pay her taxes was sentenced to 18 months in prison, the Department of Justice said Thursday.

The H-E-B School of Business and Administration at the University of the Incarnate Word is offering free tax preparation service through the Volunteer Income Tax Assistance program or VITA.

As taxpayers gather W-2's and bank statements, scammers are sending fake emails and text messages to trick people out of sensitive information or their money.

Here’s 3 tips to help you avoid being scammed this tax season

Ohtani has decided to defer $680 million of the contract until after his playing days are over, meaning he’ll take in roughly $2 million of salary each year for the duration of the contract that will run through 2033.

Tax policy is messy. Here are a few tips to help you understand what the recent voter-approved tax cuts mean for your mortgage.

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025.

At a time when the state has some of the nation’s highest property taxes, the initiative was a cornerstone of his 2022 reelection campaign.

SWBC Ad Valorem Tax Advisors President Gary Rivas joined anchors Steve Spriester and Myra Arthur to discuss the amount of property tax savings San Antonio homeowners can expect to save.

Top Republicans promised property tax cuts, but have been locked in standoffs on how to achieve it. Gov. Greg Abbott has called another overtime legislative session in hopes of solidifying a plan.

Gov. Greg Abbott has thrown his weight behind the idea being pushed by an influential conservative think tank. Many school leaders are worried.

In this week’s episode we check in with radio host Mark Davis and politics reporter Patrick Svitek about the GOP intraparty fighting over property taxes and Ken Paxton’s impeachment.

On this week’s episode, we speak to the Texas Public Policy Foundation’s James Quintero, who has been at the center of the debate over property taxes this week.

After the previous, widely criticized program expired in December, lawmakers worked hard to craft a plan that won overwhelming support in both chambers.

The bill, which Democrats have been pushing for years, has become a top priority after the overturn of Roe v. Wade. The Senate has already passed the bill, which would provide tax relief on the purchase of menstrual products, diapers and other child care necessities.

Lawmakers are trying hard to come up with an agreement on how to replace an embattled 20-year tax abatement program for big companies that expired in December.

The two chambers have 10 days to cut a deal before the end of the legislative session, and they are miles apart on some of the very foundations of a corporate tax-abatement bill considered to be a priority for Republican state leaders.

During the floor debate for a plan to replace the expired Chapter 313 program, House members added that the new version of the incentive must require companies to pay higher wages and create stiffer penalties for noncompliance.

Taxpayers should be aware of the “Dirty Dozen,” a list compiled by the IRS of the top 12 tax scams.

There are some things that can increase your risk of being one of the unlucky few that gets audited.

The City of San Antonio is hosting a workshop on Monday to help homeowners learn about exemptions and steps to submit an appeal to lower property taxes.

The tax deadline is fast approaching. April 18th is the last day you can send snail mail taxes or hit send electronically.

Cuts to school property tax bills. Bigger tax benefits for homeowners. A controversial idea to limit property tax growth. Here’s what you need to know about the brewing property tax debate at the Texas Legislature.

The City of San Antonio, Neighborhood and Housing Services, is hosting workshops to help homeowners learn about lowering property taxes.

If IRS forms, tax jargon, and number-crunching make your head spin, there may be help available through the Volunteer Income Tax Assistance Program.

Monday is the first day of tax filing season, and experts said this week could be an excellent time to get your records in order.

Inflation, high energy prices and sales taxes boosting the budget for the State the Texas, now lawmakers are tasked to figure out how to best allocate those extra funds.

As we start a new year, it’s a good time to think about your taxes.

Hundreds of businesses have sought tax savings from the state before the Chapter 313 program expires. Two companies say they are missing out despite being eligible.

Under the state’s Permanent School Fund’s Bond Guarantee Program, schools get the best interest rate on bonds. That soon may be over if the federal government doesn’t act.

Ron Wilson, a Democrat who served as state representative between 1977 and 2004, pleads guilty to one count of tax evasion after trying to hide some of his income and failing to pay taxes over two decades.

Advocates have previously called for repealing the sales tax on products like tampons, sanitary pads and pantyliners. Menstrual products are already tax-free in 24 states.

The San Antonio Taxpayer Assistance Center will be open from 9 a.m. to 4 p.m. on Saturday, May 14.

The propositions on the May 7 ballot would lower property taxes by shifting more public school costs to the state. But the measures’ language can be hard to understand.

Texas school districts, cities and counties rely heavily on property taxes to pay for roads, libraries, police, firefighters and public schools. But lowering tax bills has long been a difficult endeavor.

Monday, April 18th, is the deadline to file your taxes. Filing your taxes in the post-COVID era can be complicated and confusing.

Worried about making that April 15 deadline for your taxes? Don’t worry — the deadline is April 18 this year due to a holiday observed in Washington D.C.

CAST Tech High School students who are IRS-certified will provide free Volunteer Income Tax Assistance services for members of the community who make $65,000 or less starting Thursday.

It seems like you hear about it more and more these days: The extreme lengths people are going to in order to buy a new house; how much it costs to fill up the gas tank; and what we’re spending at the grocery store.

Texas lawmakers tried to lower property tax bills during their 2019 session, and a new report says they put a dent in the problem: Taxes aren’t rising as quickly as they would have. But they didn’t solve it: Property taxes are still rising.

The Bexar County Appraisal District is set to start mailing out hundreds of thousands of notices to property owners in the coming weeks for anyone whose property has increased in appraisal value since last year.

State lawmakers will tell you they hate property taxes as much as anyone. But the state itself doesn’t levy the tax — local governments do. And lowering it in a meaningful way would require state officials to raise taxes or cut programs. For them, talking about it is easier than doing something.

Here are facts and figures of the OECD’s plan and what it hopes to achieve.

You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Whether you’re new to owning your own business or a seasoned vet, taxes can be so stressful. It’s easy to overlook things or simply forget an item here and there.

If you’re expecting a generous refund this season, you’ll want to make that money work as hard as you do.

Tax havens, also known as offshore financial centers, are a country or jurisdiction that has minimal tax liabilities to foreign individuals or businesses.

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

San Antonio home owners could see two changes to their 2022 property tax bills, which might limit how much you have to pay.

This season, the IRS will begin accepting returns on January 24. That's about two and a half weeks before last year's start date.

Here’s what you need to know during tax season if you received monthly child tax credit payments in 2021

For those who plan on donating to a charitable organization for Giving Tuesday, there could be some opportunities to receive money back when filing taxes next year.

High Texas property taxes were an issue in the state's 2018 elections, and you can see from their work on a new homestead exemption earlier this week that state lawmakers didn't forget that lesson from voters.

Tax relief for property owners joins a packed to-do list for Texas lawmakers — which includes redistricting, COVID-19 vaccine mandates and a spending plan for $16 billion in federal stimulus dollars.

Commissioners voted 3-1, with one abstention, to cut the tax rate for the county’s portion of property tax bills from $0.301097 to $0.299999 for every $100 of valuation. That equates to somewhere between a $3 to $4 savings a year for the average homeowner, staff said.

With COVID-19 making paid parental leave even more critical, the Dallas Democrat is helping lead the move to change federal policy for fathers as well as mothers.

Most families of children age 17 and younger will begin seeing extra money in their accounts this week as the IRS sends the first monthly child tax credit.

Taxpayers with children are getting a bigger break on their 2021 taxes as part of the American Rescue Plan Act.

The meme, posted in 2018, not only gets the deadline wrong for the year it was posted, but it recently went viral, leading many on social media to believe the meme refers to this year’s tax returns.

RELATED: U.S. home prices soared in January by most in seven yearsMost Bexar County residential property owners will get a notice this week of their new valuations, and they are up an average of 6.9% despite lockdowns, shutdowns and vanishing paychecks. “Pandemic or no pandemic, there’s a market that’s quite active,” said Chief Appraiser Mike Amezquita, with the Bexar County Appraisal District. “It’s our job to follow the market and try to reflect what values are doing in each and every neighborhood.”AdEven Amezquita anticipated values would cool off this year. “We like living in a historic district,” White said. The deadline for most to file an appeal in Bexar County is May 17.

If you already anticipate needing some extra time to file your federal tax return, there’s some good news. You can always file for an extension.

With tax season now well underway, we thought we’d offer up some tax filing basics, along with answers to common misconceptions regarding filing. Filers owed a refund based on the taxes they’ve paid throughout the year typically receive their refund within about three weeks of filing. Tax fraud and evasionTax fraud convictions are rare, however, the penalties are severe for those caught committing tax evasion or fraud. Often, those convicted of tax fraud must repay the taxes with a penalty and might serve up to five years of jail time. Don’t let your desire to get a tax refund lead to errors or missed opportunity.

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

The Internal Revenue Service says it’s delaying the traditional tax filing deadline from April 15 until May 17. The new deadline does not apply to estimated tax payments that are due on April 15; those remain due by that day. The pandemic hit in the middle of last year’s tax filing season, setting the agency back in terms of processing. A number of lawmakers and professionals from the tax community have urged the tax filing season be extended to accommodate for these pressures. Rettig is expected to speak to the committee tomorrow about how the IRS is managing this filing season and the need for this extension.

If you're one of the many people expecting a refund from the government this tax season, hooray!

Even for those of us who think we have some knowledge about anything tax related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

SAN ANTONIO – Like most Americans, Matthew Starcez is filing his tax return online. “We’ve been doing our taxes online for the last seven years,” he said. Even if someone steals your password, multi-factor or two-factor authentication could still stop them from getting into your account. But before you even file, security experts say it’s a good idea to make sure your sensitive online financial accounts and router are secure with strong passwords. It’s also available for Mac and Windows computers, but you may need to enable it in the security settings.

SAN ANTONIO – If your property sustained damaged during last month’s winter storm, you could qualify for a temporary property tax exemption. Qualified properties include:tangible personal property used for income production if the owner filed a renditionresidential buildings (homes)commercial buildings (businesses)industrial buildings (manufacturing)multi-family buildings (apartments), and other real property buildingscertain manufactured homes. The temporary disaster area exemption applies to all counties in Texas and expires on Jan. 1, 2022. If you live in Bexar County, click here for more information and to download the application form. You can contact the Bexar County Appraisal District by phone at 210-242-2432.

For those who will have to pay money on their tax returns, a big question usually follows once the amount owed is determined: Should I put this tax bill on my credit card?

Even if we think we have some knowledge about anything tax-related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

Tax season can be a reason to laugh, as these famous TV episodes showed.

Tax season is about more than just refunds or determining how much you will owe. Some of the tips to avoid scams are as follows:Understand how the IRS gets in touch. Don’t respond to phone messages, text messages, social media messages or email from those claiming to be the IRS or demanding payment. By law, anyone who is paid to prepare or assist in preparing federal tax returns must sign the return and include a Preparer Tax Identification Number. Beware of direct deposit/wire transfer scams.

A common aspect of the COVID-19 pandemic over the past two or so years has been more employees working remotely, but that doesn’t necessarily mean all those people were working from their homes.

Willie Nelson owed millions in taxes, so the IRS came up with an idea to help.

Tax season is busier than usual for professional athletes and the people they put in charge of their taxes.

These 10 celebrities found out the hard way not to mess with the IRS.

But as an article in The Washington Post asks, what’s the price of free? The story looks largely at the website Credit Karma, and says if you use the site, you might be paying with your privacy. Credit Karma CEO Kenneth Lin spoke with the Post about how the site operates. But when it comes to tax services, Forbes once described Credit Karma as “Big Brother with benefits.” The site doesn’t make money by selling data, but it does so another way. When you consent in the first place, Credit Karma has the legal right to use your data for 10 years, the Post added.

As people get ready to either file their tax returns or receive refunds from returns already filed for 2020, the IRS is still dealing with a big problem. In mid-February and based on data through Jan. 30, the IRS said it hadn’t yet processed 6.7 million individual income tax returns for 2019. The issue is so serious that the House Ways and Means Committee is asking the IRS to return the deadline for 2020 returns beyond April 15. AdIt remains unclear how much longer those anticipating their refunds from 2019 will have to wait, or if this year’s deadline will be extended. But for the IRS, it could be difficult to focus completely on 2020 in the coming months with millions of 2019 returns still not processed.

We're here to fill you in on your options, so you can decide for yourself which tax preparation service is best for you.

Are you knee-deep in receipts, 1099 forms and W2s? Or are you all done?

Did you know when you’re getting ready for tax season, there are two types of preparation methods?

When you hear someone say that he or she is an accountant, do you think of taxes right away?

If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?

When it comes to tax write-offs, many people will stretch the limits to see what they can get away with.

It is easy to put off doing your taxes until the last minute. No one likes to deal with the IRS, and sometimes, procrastination happens as a result.

For those animal lovers who spend so much money on their pets and hope to recoup some of that cash spent when tax season arrives, this is the cold, hard reality: For the most part, you can’t.

But did you know where you dialed in from could impact your tax refund? “If you work in a high tax state or a state that’s separate from yours now you’ve got two state income tax returns you’re going to have to file,” said Gary Kane, CPA, at Kane & Associates. Each state has their own tax laws, which varies by the number of days worked, so check with your advisor. “The tax brackets are like stair steps and so if your income is down, you’ve gone down the stair steps, and you’re paying tax at a lower rate,” said Kane. Gary Kane does say that if you’re questioning your stimulus check, know that you don’t need to report your stimulus payment on the tax return unless you failed to get one.

SAN ANTONIO – The Internal Revenue Service is extending tax season deadlines for Texans affected by last week’s winter storms. Individuals and businesses included in the Federal Emergency Management Agency’s recent disaster declaration now have until June 15, 2021, to file their tax returns and pay anything they owe to the IRS. For example, individual tax returns and quarterly estimated income tax payments -- typically due on April 15 -- are now due on June 15. Affected taxpayers can deduct personal property losses not covered by their insurance or through other reimbursements, according to the IRS. For more information on the IRS’s changes for those affected by the winter storms, click here.

There’s one day each year that sticks out to American taxpayers everywhere, and this year is April 18: Tax Day. But to another group of people -- the ones who make quarterly payments -- there are three other times a year to pay up.

For those who turned to unemployment benefits last year, with tax season upon us, you might be wondering how it’s all going to shake out when it comes to filing your income taxes. But here’s the thing: You still have to pay federal taxes on said unemployment benefits. It ensures you won’t have that burden later, giving you a head start when tax season approaches. Pay quarterlyIf you didn’t have your taxes withheld, another option is to send quarterly estimated taxes on that money to the IRS. When quarterly taxes are due:When you get paid Tax due date Jan. 1–March 31 April 15 April 1–May 31 June 15 June 1–Aug.

By going to the Nets from the Houston Rockets and the state of Texas, Harden has gone from a state with no state income tax to a state with a 12.7% state income tax rate. If Harden stayed in Houston, he would have paid $3.26 million in state, city and jock taxes, according to Celebrity Net Worth. AdIn New York, he’ll be paying $16.89 million in taxes. He’s not exactly broke, with $225 million made in salary and endorsements. But whoever does his taxes will have a little extra work and a lot bigger tax check to sign off on as a result of his big move.

Regardless of whether you’ve paid someone for help or tried to do it on your own, even just gathering all the data you need for filing your federal income taxes can seem daunting.

SAN ANTONIO – If you’re an educator filing a tax return this year, you may be eligible to deduct unreimbursed expenses for COVID-19 protective items used in the classroom. The educator expense deduction applies to eligible educators for unreimbursed expenses paid or incurred after March 12, 2020, for the COVID-19 protective items. The IRS says eligible educators include any individual who is a kindergarten through 12th grade teacher, instructor, counselor, principal or aide in a school for at least 900 hours during a school year. The IRS will allow educators to deduct up to $250 of qualifying expenses per year. AdThe IRS says the deduction applies to expenses paid or incurred only during the tax year.

“Unfortunately, if you are an employee only, that is not something you can deduct,” said Jose Garcia, CPA and owner of Mission Tax and Financial. The Tax Cuts and Jobs Act eliminated home office deductions and replaced them with a fatter standard deduction. But some people can write off their home office expenses. Those who are self-employed, independent contractors or working in the gig economy can deduct qualified expenses. “What I suggest is try to negotiate something with your employer and see what options they provide to you,” Garcia said.

The IRS says it will never call or email you to ask for personal information, nor will it demand immediate payment without sending you a bill in the mail. The agency will also not ask for your credit card information over the phone, nor will it threaten to have you arrested for not paying immediately. Filing a tax return? It’s recommended to do the following to ensure your personal information is safer:File your taxes electronically and request the refund be deposited directly into your bank account. If you have one, don’t carry your Medicare card unless you’re going to the doctor for the first time.

SAN ANTONIO – Tax season is right around the corner, and you’ll want to be prepared for some of the changes coming this year before you file. The IRS will use the time before tax season to test its systems due to some tax law changes last year. IRS Free File opened on Jan. 15, so you’re able to begin filing your return now if you have all the documents you need. The IRS says tax preparation software should help you determine what you’re due if you are eligible. RELATED STORIES:San Antonio tax services preparing for season amid pandemicDo you have to pay taxes on unemployment compensation?

ORLANDO, Fla. (Ivanhoe Newswire) – The coronavirus pandemic has forced millions of working Americans out of their offices and into their homes. If you’ve been working from home, you may be wondering if you qualify for a home office tax deduction. So, if your office is 200 square feet that would be $1,000. Certain businesses, such as daycares, may have different qualifications for a home office deduction. These are complicated tax issues so be sure to check with your own tax advisor.