Retirement should be about living your best life, and enjoying what you love, whether it is relaxing on the beach or on the golf course. It shouldn't involve worrying about debt,...
Posted by Taxes Made EZ Inc on 11/30/2022
A tax deduction is a legal method of reducing your taxes without being penalized. There is a wide margin between a deduction and credit, and the value is not the same, making it look...
Posted by Taxes Made EZ Inc on 11/10/2022
Each year, taxpayers must file Form 1098, Mortgage Interest Statement, with the Internal Revenue Service (IRS) for their mortgages and provide this statement to you. This statement...
Posted by Taxes Made EZ Inc on 10/16/2022
Form 1099-C and Cancelation of Debt is a system created by the Internal Revenue Service (IRS) to clarify all transactions made to taxpayers by loan service providers and creditors....
Posted by Pat Raskob on 10/16/2022
A college education can be expensive, but some tax credits are available to help offset these growing expenses. Here's an overview of tax credits and education deductions you should...
Posted by Taxes Made EZ Inc on 09/27/2022
The student loan is usually the go-to option when they face challenges. Both parents, guardians, and students rely on this loan in a hard time, not knowing the ups and downs of the...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/10/2022
Now, consumers can benefit from education and complaints through the Consumer Financial Protection Bureau. The administration heads banks, lenders, and big nonbanking institutions,...
Posted by Rosovich & Associates, Inc. on 08/24/2022
You've probably heard the terms stock and bond, but what exactly are they? Simply put, stocks and bonds are two types of investments that can be included in an investment portfolio....
Posted by Taxes Made EZ Inc on 08/11/2022
How the Internal Revenue Service defines and calculates different types of income affects the taxes you owe. Modified adjusted gross income (MAGI) is one of them. MAGI also decides...
Posted by Pat Raskob on 08/11/2022