The state of singlehood also affects your tax filing from the IRS. There are many filing status like single, jointly, divorced, head of household, and a qualifying widow(er) with a...
Not all debts are the same. Although most forms of lending carry risk, certain lending decisions are more likely to send you into a downward debt spiral. We call them debt traps.It's...
Posted by Rosovich & Associates, Inc. on 08/11/2022
Since nonresident and resident aliens are taxed differently, it is important to determine your status. You are considered a nonresident alien when you are not a U.S. citizen or a U.S....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/01/2022
There are many milestones in life; birth, marriage, and death are three of the biggest milestones we will ever have. Whether you are planning to marry or getting married, "talking...
Posted by Taxes Made EZ Inc on 07/01/2022
Settling an estate means paying the final tax bill. You can use the usual tax forms and Internal Revenue Service guidelines to file taxes on behalf of a deceased person, but it is...
Do you want your children to do better financially than you? Do you want them to stick to a budget and invest in their future? Financial education is essential.A 2018 National Financial...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/11/2022
Tax payment is pretty important and sure for everyone, and there is no escaping payment. However, there are times when one might not be able to meet up with the payment. Uncle Sam...
For many people, retirement is the start of a new phase of life. While this may be the same situation for you, it does not have to be challenging. You could have a comfortable, fun,...
Posted by Taxes Made EZ Inc on 04/26/2022
Accumulated earnings and profits (E&P) are the earnings accumulated by a company after the payment of dividends to shareholders. It measures a company's ability to pay cash...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/09/2022