An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
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
Striving to pay precisely what you owe as tax is not a crime. Besides, having a vast bill doesn’t mean you indeed owe that much. The US has one of the highest tax rates...
Posted by Pat Raskob on 01/27/2022
Failure to comply with the tax declaration deadline or non-payment of the entire tax bill can have serious consequences. The Internal Revenue Service (IRS) recommends filing unpaid...
Posted by Taxes Made EZ Inc on 12/18/2021
The year end approaches, making it a terrific time to start preparing for taxes. It is never too early, as getting an early start can save you from mistakes and tax fines. While...
Posted by Pat Raskob on 12/10/2021
The filing status you choose can significantly affect what you eventually owe Uncle Sam. In terms of filing status, all taxpayers have five choices and what you pick affects you...
Posted by Rosovich & Associates, Inc. on 12/10/2021
One of the most important things one need not joke with is a credit score; especially if you have needs that involve borrowing money. Refusal to pay a debt might reduce your...
Posted by Rosovich & Associates, Inc. on 11/28/2021
While tax season 2022 might be a few months away, the new year will be here before you know it. The fourth quarter is the time to do proactive tax planning to lower the 2021 tax bill....
Almost everyone wants to send the smallest amount possible to the IRS, and there is nothing wrong with that. However, your method of reducing your tax bill might get you into trouble....
Posted by Rosovich & Associates, Inc. on 10/18/2021