Investing in a child's future is a gift that keeps on giving. One way to help secure their financial well-being is by making tax-free investments on their behalf. These investments...
Managing your finances efficiently is crucial, especially when it comes to handling taxes. One valuable tool at your disposal is a credit card that offers benefits tailored to IRS...
Posted by Pat Raskob on 07/23/2023
You may have considered a custodial account if you want more flexibility regarding how your child's education funds are allocated. That way, the money doesn't have to be used...
Posted by Rosovich & Associates, Inc. on 11/28/2022
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
Striving to pay precisely what you owe as tax is not a crime. Besides, having a vast bill doesn’t mean you indeed owe that much. The US has one of the highest tax rates...
Posted by Pat Raskob on 01/27/2022
Some people are lucky in their relationship with Uncle Sam as all they do is file their taxes and expect a refund or send in their balance for every tax year. Sadly, it is not so straightforward...
Amnesty is an expression of forgiveness on the part of the federal government to its citizens. The choice is not to punish a business, an individual, or an entity for a crime. Under...
Your basis in a business asset is essentially the cost of that asset. The term applies to all types of assets held by your business, including real estate, land, equipment, and investments...
A student's credit card helps students pay for college needs of students without income. It is also a good idea for a student whose credit score is not enough for a regular credit...