Would it be a good idea if workers in a company own stocks in that same company? The ESOP answers that question. ESOP is known as the employee stock ownership program.The employee...
Posted by Pat Raskob on 05/22/2022
Many business owners have been encouraged to get out of debt. The advice may not be entirely practicable, considering that all great entrepreneurs need loans (aka debts) to expand...
Posted by Rosovich & Associates, Inc. on 05/22/2022
What if disaster strikes tomorrow? Next week? Next month? Are you ready? Is your business small? Contingency plans are essential if you plan to keep a business running for years to...
Posted by Rosovich & Associates, Inc. on 05/09/2022
The real estate market is an ever-changing market that affects our economy by buying, selling, renting properties, among other business opportunities. We often hear about sales profits,...
Posted by Rosovich & Associates, Inc. on 04/24/2022
If you're self-employed, such as an independent contractor, or a freelancer, one question is probably the most important question regarding tax returns: How can I reduce my self-employment...
Posted by Taxes Made EZ Inc on 04/17/2022
As part of the Internal Revenue Code, specific organizations would have to report their activities for every calendar year for documentation purposes. Such organizations must fill...
Posted by Rosovich & Associates, Inc. on 04/17/2022
You must know by now that you most likely have pytrol taxes when you start running a business. It doesn’t come as a surprise that the internal revenue service has strengthened...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/31/2022
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
The IRS requires 1099 forms to obtain information on various nonemployee transactions, including payments to freelancers and legal services. Sounds simple, doesn't it? Keep track...