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
What is a tax identification number?The Tax Identification Number (TIN) is a 9-digit number used by the Internal Revenue Service (IRS) for tax purposes. This number can be a person's...
Almost everyone agrees that the Square Cash app has made sending and receiving money easy. The problem is that a few other things have been made easier with the Cash app. And filing...
Defaulting on your business loan will trigger a series of negative consequences. It might accelerate the loan, making you owe the entire loan balance rather than what is outstanding...
One of the not-so-good aspects of a credit report is getting rid of negative listing even after its payment or the difficulty in removing it. By logic, it seems reasonable that as...
Not-for-profit organizations tend to make almost twice as many accounting errors on their balance sheets as similarly sized, for-profit companies; this is what emerges from a study...
Posted by Taxes Made EZ Inc on 08/24/2021
In dealing with the IRS, it often seems like the government is almighty. However, all taxpayers have their Right and knowledge of this can change your interaction with Uncle Sam.Terms...
Posted by Taxes Made EZ Inc on 07/31/2021
One aspect of credit reporting rules that can cause more problems than any other is eliminating paid negative listings or, rather, lack of removal. The logic seems to suggest that...
Posted by Taxes Made EZ Inc on 07/17/2021
Taxes are one of the only certainties in life, and cryptocurrencies are no exception.Yes, your Bitcoin is taxable. The IRS treats ownership of cryptocurrencies as "property"...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/06/2021