Taxes and subsidies are integral components of a nation's fiscal policy, playing a pivotal role in the economic well-being of a country. In the United States, the Internal Revenue...
Tax season can be daunting for many Americans as they scramble to gather receipts, fill out forms, and navigate the complex world of tax regulations. While most people are aware of...
As the backbone of our agricultural industry, farmers play a crucial role in providing food and resources. Operating a farm involves various financial responsibilities, including taxes....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/02/2023
Virtually everyone has suffered a loss, whether it's an accident, which may be covered by accident insurance, or theft.Tornadoes, earthquakes, wildfires, hurricanes, and other...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/30/2022
The world has shifted to enticing kids with trends, fashion, gadgets, and the tastiest treats. But as parents, we still need to inculcate money talks with our kids. How can mums and...
Posted by Rosovich & Associates, Inc. on 10/30/2022
Since nonresident and resident aliens are taxed differently, it is important to determine your status. You are considered a nonresident alien when you are not a U.S. citizen or a U.S....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/01/2022
You must be a U.S. citizen, lawful permanent resident (green card holder), or pass the "substantial presence" test to be recognized as a U.S. resident for tax purposes. Some...
As a non-citizen of the United States or living abroad, filing a first-time tax can be challenging. You have no experience and what it takes to file tax for the first time correctly....
What is a private activity bond (PAB)?PABs are tax-exempt bonds distributed by or on behalf of a state or local authority to provide special financial benefits for eligible projects....