The filing status you choose can significantly affect what you eventually owe Uncle Sam. In terms of filing status, all taxpayers have five choices and what you pick affects you...
Posted by Rosovich & Associates, Inc. on 12/10/2021
Many people assume that stocks are riskier compared to bonds. Should this be true, you will have mutual funds in a bond-oriented portfolio, which will be less risky than a stock-oriented...
Posted by Pat Raskob on 11/30/2021
For everyone who has recently monitored the tech news, you would have noticed the frequent mention of NFTs alongside Bitcoin and blockchain. This has attracted many artists and artisans...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/24/2021
There are many advantages to being your own boss. Being self employed means having the freedom to work as much as you want, to do what you want, when you want—no more pretentious...
Posted by Taxes Made EZ Inc on 11/11/2021
The Revenue Agency has updated procedures affecting the Individual Identification Number (ITIN) application process. Taxpayers and their representatives should review the following...
Posted by Rosovich & Associates, Inc. on 11/11/2021
The term accumulated earning refers to a company’s net profits after the payments of dividends have been made. This term is often used interchangeably with others such as; accumulated...
Posted by Rosovich & Associates, Inc. on 11/04/2021
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
Personal / private pension refers to the kind of pension you can set up to enable proper savings for retirement. The value of this pension is based on the amount of money you pay in...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/30/2021
Whenever you see a dollar from a lottery win, please remember that the IRS has taken its 25%. Up to 13% can be withheld in local and state taxes (depending on where you live). However,...
Posted by Pat Raskob on 09/30/2021