The law mandates every business owner to report taxes of non-employees and others on form 1099. Some common errors on the form must be corrected or reported to the Internal Revenue...
Posted by KLSM CPA Firm PLLC on 02/07/2023
Weight loss resolutions are the biggest topic each year, but not many know they can deduct weight loss expenses by itemizing their tax returns. However, the IRS has given space to...
Posted by Dennis Jao on 02/07/2023
Rules change with time, and the required minimum distributions (RMDs) rules have changed. RMDs are retirement accounts, i.e., traditional IRAs and 401(k) plans). The new government...
Posted by Rosovich & Associates, Inc. on 02/07/2023
Stimulus checks, also known as economic impact payments, are disbursing their third round of funds to qualified millions of Americans. The program was enacted to help Americans during...
Posted by Tiffany Gaskin on 02/07/2023
Real agents help home buyers or sellers navigate the complex process of buying or selling a home. These professionals are licensed, experienced, and knowledgeable in finding homes,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/30/2023
HSA's (Health Savings Account) contribution has people wondering about the effect of the new changes, especially on limits. Taxpayers are to have health benefits coverage for 2023....
Posted by Taxes Made EZ Inc on 01/30/2023
Financial freedom is everyone's dream, and a journey everyone needs to take. And the fastest way to stay up-to-date is by doing a financial checkup. It is easy to face bankruptcy...
Posted by Pat Raskob on 01/30/2023
Many married couples prefer using the joint filing status to file tax returns. In essence, you or your spouse can file the tax return. Married couples using the joint filing status...
Posted by KLSM CPA Firm PLLC on 01/30/2023
A deferred variable annuity is a contract with an annuity provider to pay a certain amount for some period or lifetime. The annuity provider deposits the money in any investment portfolio...
Posted by Dennis Jao on 01/30/2023
