Taxes can be a confusing topic, and dealing with the IRS (Internal Revenue Service) can be intimidating for just about everyone. The last thing you want to receive is an IRS matching...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/07/2023
The United States tax system is complex, and filing tax returns accurately is crucial to ensure compliance with the Internal Revenue Service (IRS). One critical aspect of the tax return...
Posted by Pat Raskob on 08/17/2023
In 2017, 49% of adults aged 55 to 66 had no retirement savings; this is according to the US Census Bureau. Since that time, various policies such as the Secure Act 2.0 have been used...
Posted by Pat Raskob on 07/29/2023
When it comes to paying taxes, having dependents can significantly impact your tax situation. With dependents you can qualify for certain tax deductions and benefits, both of which...
Posted by KLSM CPA Firm PLLC on 07/29/2023
All tax filers can choose to itemize or go by the standard deduction route. However, many people go by the option that gives them the maximum tax benefits. Also, many people's...
Posted by Taxes Made EZ Inc on 06/15/2023
Married people can file jointly or separately, depending on several life factors. However, unmarried people (not married by the last day of the tax year) who don't qualify for...
Posted by Rosovich & Associates, Inc. on 06/15/2023
Individual Retirement Accounts (IRAs) offer individuals a valuable opportunity to save for retirement while enjoying certain tax benefits. However, it's crucial to stay informed...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/09/2023
Buying a home is one of the most significant financial decisions most people make in their lifetime. Homeownership is often seen as a symbol of success and stability, but it also comes...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2023
The term "miscellaneous expense" refers to a broad range of expenses that individuals and businesses may incur throughout the course of their operations. While some miscellaneous...
Posted by KLSM CPA Firm PLLC on 05/31/2023
