Tax-free investments are a cornerstone of a well-rounded financial portfolio, allowing investors to grow their wealth while minimizing the impact of taxes. These investments provide...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/22/2023
Building wealth is a goal that many individuals aspire to achieve. While the journey to financial prosperity requires dedication, discipline, and smart decision-making, leveraging...
Posted by Rosovich & Associates, Inc. on 08/22/2023
The United States tax system is complex, and filing tax returns accurately is crucial to ensure compliance with the Internal Revenue Service (IRS). One critical aspect of the tax return...
In 2017, 49% of adults aged 55 to 66 had no retirement savings; this is according to the US Census Bureau. Since that time, various policies such as the Secure Act 2.0 have been used...
Posted by Pat Raskob on 07/29/2023
Taxpayers have the opportunity to come forward and voluntarily address their tax noncompliance through the IRS Voluntary Disclosure Program. This article examines the advantages of...
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...
Buying a home is one of the most significant financial decisions most people make in their lifetime. Homeownership is often seen as a symbol of success and stability, but it also comes...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2023
Life insurance is an insurance type that pays your loved ones after you pass away. Whole life insurance, on the other hand, is a type of life insurance that has many features. It benefits...
Posted by Taxes Made EZ Inc on 05/27/2023
The federal solar tax credit, also called the investment tax credit, allows users to apply up to 30% of the cost of their solar energy on their federal tax. This credit can be...