Cash value life insurance is a permanent policy combining a death benefit with an investment component. As a result, the policy accumulates a cash value over time, which the policyholder...
Posted by Tiffany Gaskin on 03/08/2023
It is normal for all taxpayers to look for ways to increase their tax refund and convert it into money. There are legal methods of increasing tax funds, but this article will focus...
Posted by Rosovich & Associates, Inc. on 03/01/2023
It is a really bad idea to file taxes at the last minute. The decision ahead will make the process faster. It is best to plan and take specific actions before tax filing. For example,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/22/2023
Liens and Levies are two different legal actions that the Internal Revenue Service (IRS) can take to collect outstanding tax debts from taxpayers. Understanding the difference between...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/07/2023
A zero-coupon bond is a type of bond that does not pay periodic interest (coupons) to the investor, unlike traditional bonds. Instead, the bond is sold at a discount from its face...
Financial freedom is everyone's dream, and a journey everyone needs to take. And the fastest way to stay up-to-date is by doing a financial checkup. It is easy to face bankruptcy...
Posted by Pat Raskob on 01/30/2023
A defined benefit plan, more commonly known as a pension plan, provides guaranteed retirement benefits to employees. Defined benefit plans are primarily funded by the employer, with...
A wealthy person needs accurate decisions to be able to continue growing in wealth and also have enough left to pass down to future generations. Unfortunately, statistics show that...
Posted by KLSM CPA Firm PLLC on 01/26/2023
While the New Year is always a time to celebrate and hope for better things, it also means that tax season is upon us, and this reality brings with it stress for both accountants and...