Do you have a small business? You can take advantage of these ten deductions to reduce your taxable income. The legal reduction in taxable income isn't as thrilling as winning...
Posted by Rosovich & Associates, Inc. on 07/31/2021
Many people frown at the idea of sending their hard-earned dollars to Uncle Sam. So, to cushion the effect of taxes, Uncle Sam provided some relief in form of tax deductions and credit...
Posted by Rosovich & Associates, Inc. on 07/06/2021
There are several college savings plans with 529 plans as one of them. It comes with a series of tax benefits and can allow you to build your kid's college funds with time. In...
Posted by Rosovich & Associates, Inc. on 06/18/2021
Sports betting and gambling is a two-edged sword – fun or depressing depending on your outcome. On top of that, gamblers have to deal with the complication of taxes as Uncle...
Posted by Pat Raskob on 06/06/2021
Owning or managing property has many benefits that people overlook, such as the benefits of vacation rentals and tax deductions. While there are several expenses and rules to consider...
If you are moving to a foreign land to settle, start a new job, or even set up a business, the US Expat taxes might qualify you for some tax exclusion. One, however, needs to apply...
A cannabis business can typically expect a series of scrutiny from the IRS that will want to penalize them if they are not compliant. Here are tips that can help your marijuana business...
Ideally, scholarships and grants should not be taxable, which is good news for students. However, it is too early to rejoice as Uncle Sam might want a cut based on the amount you got...
Posted by Pat Raskob on 03/08/2021
Amnesty is an expression of forgiveness on the part of the federal government to its citizens. The choice is not to punish a business, an individual, or an entity for a crime. Under...