Recovery rate can be defined as the percentage of defaulted debt recoverable by a lender. It can also be defined as the value of a security after said security has emerged from bankruptcy...
Posted by Rosovich & Associates, Inc. on 07/13/2023
Inheritance tax is the cost basis calculation for inherited assets against taxes owed to the state. That being said, most estates are simply too small to be charged the federal estate...
Royalty income can be defined as a form of payment received by individuals or businesses as a payment for the use of intellectual property, such as copyrights, trademarks, patents,...
Posted by Taxes Made EZ Inc on 07/07/2023
The Internal Revenue Service (IRS) has specific guidelines and requirements when deducting medical expenses on your income tax return. One common question that arises is whether a...
Posted by Taxes Made EZ Inc on 06/23/2023
For everyone dealing with back taxes from the IRS, there are a couple of options to help you resolve the issue. This article explores several opportunities to settle the tax...
Posted by Pat Raskob on 06/15/2023
Cryptocurrencies like Bitcoin, Ethereum, and others have become increasingly popular investments in recent years. As with any investment, it is important to understand the tax implications...
Posted by Rosovich & Associates, Inc. on 06/09/2023
Health Savings Accounts (HSAs) are tax-advantaged accounts that allow individuals to save for medical expenses. HSA contributions are tax-deductible, and the funds in the account grow...
Posted by Pat Raskob on 05/31/2023
If you have a hobby that earns you some income, it's important to know how it affects your taxes. The Internal Revenue Service (IRS) considers any income earned from a hobby as...
Posted by Pat Raskob on 05/16/2023
Payroll is an essential part of any business, and it can be a challenging task, especially when it comes to managing taxes. Many business owners need help with payroll management,...