College students have now headed back to school. But how are you going to pay for the next year of college? Some people will be able to write the check. But the majority of the population relies on loans, grants, scholarships, funds from family members and student earnings to cobble together enough money to pay the bills. What if it isn't enough? Can you use your retirement savings to help pay the bill?

According to the Treasury Inspector General for Tax Administration, the government allows $260 million in taxes to go uncollected each year for missed IRA withdrawals and contributions that break the IRA rules.

Hearings began a couple of months ago to find a way to simplify Ohio’s city income tax laws.

In yet another of a long series of court cases, the Tax Court upheld that if a taxpayer cannot prove their cost basis in a securities transaction, then the cost basis is zero.

I recently fielded a question from one of our clients that I felt would be of interest to many of our readers.

Two weeks ago we discussed upcoming 2013 tax increases due to the health care bill. Last week we looked at potential tax increases if the current tax cuts are not extended. This week are some suggestions to consider for the remainder of 2012 while we know what the tax rules are.