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...
Most tax practitioners are familiar with reasonable cause as the basis for penalty abatement. But many often overlook another important reason for penalty abatement: the so-called...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2022
We usually leave tax planning until it is the last minute. When you open your to-do list for that day, there it is, the item you've been ignoring for weeks. It says, "Finish...
Posted by Rosovich & Associates, Inc. on 05/27/2022
Uniswap was one of the first and most popular decentralized exchanges launched on the Ethereum network and quickly became a favorite, inspiring a variety of other competitors. Now...
Posted by Taxes Made EZ Inc on 05/10/2022
What if disaster strikes tomorrow? Next week? Next month? Are you ready? Is your business small? Contingency plans are essential if you plan to keep a business running for years to...
Posted by Rosovich & Associates, Inc. on 05/09/2022
Considering moving to a new state? Congratulations. But have you compared the taxation between your old and new states? If it is on a higher level, you will probably have some questions....
Posted by Pat Raskob on 04/24/2022
Social welfare refers to a range of programs that aid citizens either financially, educationally, or otherwise. These programs or activities are mainly targeted at groups of people...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/17/2022
If you're self-employed, such as an independent contractor, or a freelancer, one question is probably the most important question regarding tax returns: How can I reduce my self-employment...
Posted by Taxes Made EZ Inc on 04/17/2022
Every independent contractor is considered self-employed by the IRS (internal revenue service). An independent contractor can operate as a limited liability company, a sole proprietor,...
Posted by Pat Raskob on 04/09/2022