Taxes are an essential part of our economy and help fund various government services and programs. However, navigating the world of taxes can be confusing and overwhelming for many...
Posted by Pat Raskob on 04/09/2023
As people grow older or experience disabilities, it can become harder to meet financial obligations. In recognition, the United States government offers several tax credits to help...
Posted by Taxes Made EZ Inc on 03/31/2023
A C corporation is a type of business entity that is formed under state law and is taxed separately from its owners. On the other hand, an LLC is a business entity that provides limited...
Posted by Taxes Made EZ Inc on 03/25/2023
Taxpayers that owe taxes and find it difficult to pay their taxes can enjoy a break from the IRS financial hardship program. You can apply for the program if you can’t feed yourself...
Posted by Pat Raskob on 03/01/2023
It is normal for all taxpayers to look for ways to increase their tax refund and convert it into money. There are legal methods of increasing tax funds, but this article will focus...
Posted by Rosovich & Associates, Inc. on 03/01/2023
It is a really bad idea to file taxes at the last minute. The decision ahead will make the process faster. It is best to plan and take specific actions before tax filing. For example,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/22/2023
A net operating loss (NOL) occurs when a business has deductible expenses that exceed its taxable income for a given tax year. In other words, it is a tax loss that a business can...
Posted by Pat Raskob on 02/22/2023
When it comes to tax time, homeowners are always looking for ways to reduce their tax burden. Luckily, many tax deductions available for homeowners can result in significant savings.Before...
Posted by Rosovich & Associates, Inc. on 02/22/2023
The sixth day of January 2021 was the day the Treasury Department and Internal Revenue Service (IRS) decided to bring the IRC Section 451 regulation to a conclusion. However, the decision...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/17/2023