Even though no one loves paying debt, especially student loans, there are some advantages. In other words, one might be qualified for a student loan interest deduction that is worth...
Posted by Pat Raskob on 01/31/2022
A 401(k) work plan helps you save a considerable amount each year in retirement, but there are annual limits for your contributions and those of your employer. Whether you choose a...
What is the Taxpayer Bill of Rights (TABOR)?Taxpayer Bill of Rights: TABOR is a broad term that encompasses many concepts and initiatives at the local, state, and federal levels...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/01/2021
Selling a small business implies income, and income means taxes. But the way you structure your business can make a big difference in how much of the sale price goes towards taxes...
Posted by Pat Raskob on 11/11/2021
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....
Small businesses enjoy a variety of tax benefits, including corporate deductions. One of these possible tax deductions concerns business vehicles. Some businesses require vehicles...
Posted by Taxes Made EZ Inc on 10/19/2021
Irrespective of your age or profession, it is essential that you always work towards retirement, which is the essence of your 401(k) plan. The 401(k) is a retirement savings account...
Posted by Rosovich & Associates, Inc. on 10/09/2021
Retirement decisions, many times, are always complicated, and to make it worse, a huge age gap between couples can translate to a wide retirement date, health, life expectancy, etc....
Posted by Pat Raskob on 09/26/2021
With section 179, businesses can deduct the entire cost of significant assets such as business equipment and furniture immediately instead of depreciating them over time. Principle...
Posted by Rosovich & Associates, Inc. on 09/09/2021