It is common for many people to fear the almighty IRS and think of them as supreme and terrifying. As a result, dealing with Uncle Sam might be a frightening endeavor, and many people...
Posted by Rosovich & Associates, Inc. on 11/21/2021
Those who cannot withhold federal taxes from each paycheck must pay taxes quarterly.United States income tax operates on a pay-as-you-go system, in which the federal government collects...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/11/2021
On filing for a tax deduction, you have to consider your filing status. Your position in your household determines your status. Your status determines the tax bracket you are categorized...
Posted by Pat Raskob on 11/04/2021
What are student loan interest deductions?These are deductions made from the total amount you owe for your college education (if you took a loan). It is a tax incentive that is especially...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/30/2021
It can be a little tricky, managing finance as a couple, as merging two-income and financial situations can be quite hard. There could be differences when managing money with one partner...
Posted by Taxes Made EZ Inc on 10/24/2021
Small businesses enjoy a variety of tax benefits, including corporate deductions. One of these possible tax deductions concerns business vehicles. Some businesses require vehicles...
Posted by Taxes Made EZ Inc on 10/19/2021
Almost everyone wants to send the smallest amount possible to the IRS, and there is nothing wrong with that. However, your method of reducing your tax bill might get you into trouble....
Posted by Rosovich & Associates, Inc. on 10/18/2021
What is a tax identification number?The Tax Identification Number (TIN) is a 9-digit number used by the Internal Revenue Service (IRS) for tax purposes. This number can be a person's...
When it comes to your tax fillings, you cannot afford not to know all the requisite forms to be filled and filed by the end of the tax year. There are different tax forms for different...
Posted by Pat Raskob on 10/09/2021