The IRS issued Form 1040-X to taxpayers with errors on their tax returns. The form is for correction, deletion, and addition of information to the same form submitted to the IRS. For...
Posted by Taxes Made EZ Inc on 02/22/2023
Home sellers may hear the term "adjusted basis" during the sales process. In the world of real estate, this term is related to the sale of real estate: when you sell your...
Posted by Taxes Made EZ Inc on 02/17/2023
Federal students can claim tax credits and deductions for education. In addition, you may need to file early taxes to enjoy education financial aid. The government has enacted different...
Posted by Pat Raskob on 02/07/2023
A trust is a lawful entity that holds assets and money for future distribution or administration. For example, you can create trust for your children's college education by setting...
Posted by Rosovich & Associates, Inc. on 01/26/2023
The IRS has enforced new laws for taxpayers running a ranch or farm business. Although business can be overwhelming, the new laws have complicated it. Agriculture is a broad and uncertain...
Posted by Pat Raskob on 01/17/2023
Every year, thousands of families in the United States are happy to adopt a child and welcome them into their homes. And as with any growing family, there are expenses associated with...
Posted by Rosovich & Associates, Inc. on 01/17/2023
Wouldn't life be beautiful without taxes? You can't avoid them entirely, but as an active member of the U.S. military or veteran, you have access to tax benefits not usually...
Posted by Pat Raskob on 01/09/2023
The BEAT (Base Erosion and Anti-Abuse Tax) was enacted in 2017 to discourage U.S. and foreign companies from evading their tax obligations by shifting their profits out of the United...
Paying for college is a hurdle for many American families.According to the Department of Education's National Center for Education Statistics, the average in-state undergraduate...
Posted by Rosovich & Associates, Inc. on 12/31/2022