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
After winning a lawsuit or getting a settlement, many people are surprised that they have to pay taxes on what they win. Some people don't realize this until they receive Form...
Posted by Pat Raskob on 12/27/2022
The first-time home buyer's tax credit was introduced during the 2008 financial crisis to help Americans buy more affordable homes. Although there are many other mortgage and loan...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2022
The home office deduction is one of the most popular tax deductions for those who work from home. Once you understand how to record, calculate, and report home office expenses, you...
Posted by Taxes Made EZ Inc on 12/18/2022
Paying tax is not a feeling any taxpayer likes. Having your income after working for a month or having a personal savings slash is no joke. The anger has pushed most taxpayers into...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/08/2022
The SECURE Act, passed in late 2019, changed the rules for saving and withdrawing money from retirement accounts. Also, it was the first major legislative change to tax laws in more...
Posted by Pat Raskob on 12/08/2022
Some expenses can still be deducted due to the tax reform that happened in 2018. A detailed list of employee expenses that have been suspended as employee tax deductions, some until...
Posted by Rosovich & Associates, Inc. on 12/08/2022
It is no surprise that paying someone to watch your kids or clean your property makes you an employer, and you have to do the employer donation. Those hired to do these jobs are considered...
Posted by Rosovich & Associates, Inc. on 11/30/2022
Advanced healthcare directive planning can make difficult healthcare decisions less stressful.Expressing end-of-life wishes can be challenging, especially in the face of a serious...
Posted by Taxes Made EZ Inc on 11/28/2022