If you're a savvy entrepreneur or a small business owner running two businesses simultaneously, you're likely looking for ways to maximize your tax deductions. Fortunately,...
Estate planning is a vital component of financial management, ensuring that your assets are protected, your wishes are honored, and your loved ones are taken care of when you can no...
Self-employment allows individuals to be their boss and pursue their passions while managing their businesses. However, this autonomy comes with additional financial responsibilities,...
Posted by Taxes Made EZ Inc on 08/11/2023
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
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
The traditional process is slow and tedious if you want to convert your corporation to an LLC. But in many states, there is an easier and less expensive way.Although it doesn't...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/28/2022
If you have significant assets or fortune, you will want to protect them when planning your will and decide who will own your property after you leave. If you don't take proper...
Posted by Taxes Made EZ Inc on 05/27/2022
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...
Failure to protect the assets that you worked your fingers out to gather might be lost easily in bankruptcy, lawsuit or to creditors. This makes it essential to keep all laws in mind...
Posted by Rosovich & Associates, Inc. on 09/26/2021