Every business needs a succession plan to survive. Yet, one of the essential parts of running a business is succession planning. However, many people believe that estate and succession...
Posted by Rosovich & Associates, Inc. on 02/08/2022
When you run a small business, you have two costs: fixed costs and variable costs.Fixed costs don't change based on how much product you make and sell, but variable costs do.A...
Posted by Taxes Made EZ Inc on 01/27/2022
Striving to pay precisely what you owe as tax is not a crime. Besides, having a vast bill doesn’t mean you indeed owe that much. The US has one of the highest tax rates...
Posted by Pat Raskob on 01/27/2022
Treasury bonds are known to be safe and harmless investments. It is a debt security that the United States Treasury issues. The bonds issued to investors are used to foot the country's...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/21/2022
What is the alternative minimum tax (AMT)?Alternative Minimum Tax (or AMTs) is a different but parallel method of calculating the taxpayer's account. It applies to people with...
Posted by Taxes Made EZ Inc on 01/09/2022
An OIC (Offer in Compromise) is a payment option that the IRS makes available to taxpayers. It enables you to pay off your tax debt without "going bankrupt" or "breaking...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2021
It is pretty common for couples to fight or argue over finances. Many have cited finances as the primary source of conflict, separation, and divorce in marriage. Discussion about...
Posted by Pat Raskob on 12/18/2021
The TCJA (Tax Cuts and Jobs Act of 2017), PL 115-97, made many important changes to the Internal Revenue Code. Among the many changes to the Code, there is a provision on costs associated...
Posted by Taxes Made EZ Inc on 12/10/2021
The filing status you choose can significantly affect what you eventually owe Uncle Sam. In terms of filing status, all taxpayers have five choices and what you pick affects you...
Posted by Rosovich & Associates, Inc. on 12/10/2021