There are two types of day traders when it comes to trading securities. There are two general kinds of day traders.InstitutionalRetailBut first, who is a Day Trader?A Day trader remains...
Posted by Pat Raskob on 02/15/2022
Based on the tax reform, the moving deduction was suspended until 2026. Presently, only active-duty members of the military and their households that move in response to order can...
Posted by Rosovich & Associates, Inc. on 01/31/2022
Estate and Trust are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in different critical ways. Estates make a single transfer of...
Posted by Taxes Made EZ Inc on 12/27/2021
The TCJA (Tax Cuts and Jobs Act of 2017), PL 115-97, made many important changes to the Internal Revenue Code. Among the many changes to the Code, there is a provision on costs associated...
Posted by Taxes Made EZ Inc on 12/10/2021
If you want to restrict others from viewing your credit report, a credit freeze is the right step. While this is an extreme step, it is necessary in some cases, for instance, when...
Posted by Pat Raskob on 10/24/2021
If you are a nurse who has experienced traveling on the job and loved it, you need to know all about the payment policies of the job and how you can handle your taxes. Travel nurses...
Posted by Rosovich & Associates, Inc. on 09/30/2021
You might need to report the canceled amount as income on your tax return if you could get a debt write-off or forgiveness. You should know what to expect so you don't end up with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/20/2021
Military personnel are some of the people who make the largest sacrifice. Such a line of job comes with severe hardships, so Uncle Sam offers some compensation in a bid to cushion...
Posted by Rosovich & Associates, Inc. on 08/30/2021
A charitable gift annuity is a contract between a charity and a donor bound by some terms explained below:The donor makes a considerable gift to the charity via cash, security or other...
Posted by Rosovich & Associates, Inc. on 08/24/2021