On March 13, 2020, the President declared a national emergency due to the novel coronavirus (COVID-19) pandemic. As a result, the COVID-19 pandemic has been designated a federal disaster...
Posted by Taxes Made EZ Inc on 09/30/2022
The federal-level collects taxes from Social Security income while the income level determines whether or not there is a need for a tax on the benefits. Those with the 401(k) or other...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/27/2022
Bonuses are considered extra pay and are taxed by the IRS as ordinary income. There are two ways for your employer to determine how much to deduct from your salary.Earning a bonus...
Posted by Taxes Made EZ Inc on 09/03/2022
It is all about making headlines and advertisements to gain speed for a candidate or campaign team during election seasons. Politicians dedicate the money, effort, and time to a campaign....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/11/2022
Creating a list of the best bond ETFs for 2022 may include, at first glance, only those funds that can perform well in an inflationary and growth environment. But that would only be...
Posted by Taxes Made EZ Inc on 07/09/2022
Donations to qualified charities are tax-deductible and can reduce your taxable income, which can help you reduce your tax bill. You may need to itemize your tax deductions in detail...
Posted by Pat Raskob on 04/17/2022
As part of the Internal Revenue Code, specific organizations would have to report their activities for every calendar year for documentation purposes. Such organizations must fill...
Posted by Rosovich & Associates, Inc. on 04/17/2022
Sales tax on medical marijuana can be a controversial topic.According to a study, medical cannabis (also known as medical marijuana) can positively benefit people with medical conditions...
Posted by Rosovich & Associates, Inc. on 03/17/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...