Handling divorce and everything that concerns the situation is never easy, so the tax implication will likely be the last thing on your mind. Divorce affects a person emotionally,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/07/2022
Tax penalties are not to be messed with but avoided. During every tax season, the IRS and Justice Department arrest faulty taxpayers. The scenario is threatening to many taxpayers...
Posted by Rosovich & Associates, Inc. on 10/07/2022
Ever heard of the TAP? Well, you have nothing to worry about as you're not alone. What is TAP?TAP is a Federal Tax Advisory Committee to the IRS. The purpose of TAP is to...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/21/2022
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
It is never an easy ordeal, losing your job, whether emotionally or financially. Regardless, it is crucial to continue to be proactive regarding your finances and tax status....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/09/2022
It is easy to desire the benefits your friends enjoy in paid employment when it is time for tax. As someone self-employed, you will do a lot of record-keeping while they only fill...
Posted by Pat Raskob on 01/01/2022
The tax season can be incredibly overwhelming for all, especially when you need help with your taxes. However, Uncle Sam can guide you through the essential things you need to know....
Posted by Pat Raskob on 12/27/2021
Selling a small business implies income, and income means taxes. But the way you structure your business can make a big difference in how much of the sale price goes towards taxes...
Posted by Pat Raskob on 11/11/2021
Any tax advisor who is licensed to stand for you before Uncle Sam is called an enrolled agent. It could be when filing a tax return, taking care of an audit, appealing a fine or solving...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/03/2021