Filing your taxes can be a daunting task, but it's a responsibility that every U.S. taxpayer must fulfill. To ensure a smooth and error-free tax filing process, it's crucial...
Posted by Rosovich & Associates, Inc. on 11/30/2023
Retiring abroad is a dream for many individuals seeking adventure, a change of scenery, or a more affordable retirement lifestyle. While retiring to a foreign country can be an exciting...
Posted by Rosovich & Associates, Inc. on 10/31/2023
Sports gambling has grown into a significant industry, with millions engaging in betting activities yearly. With the legalization of sports betting in several states and the expansion...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/11/2023
If you run a small international business based in the United States, navigating the U.S. tax system can be quite complicated. Here are some tax tips to help you manage your tax obligations...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/29/2023
When dealing with complex tax matters, many individuals and businesses need clarification on whether they need the services of an accountant or a tax lawyer. Both professionals play...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/23/2023
It may come as a surprise that awards and prizes are taxable. The prize is filed under income tax if a taxpayer receives an award from a competition. This is because the market value...
Posted by Pat Raskob on 11/30/2022
The W7 form is issued to non-citizen taxpayers to update their information which the IRS will use to verify their identity. The W7 form also required ITIN. Many taxpayers are wondering...
Posted by Pat Raskob on 10/30/2022
The EITC is an important tax credit directed at millions of families across the US. It is one of the most substantial tax credits, making it important for people to access the credit...
Posted by Pat Raskob on 06/18/2021
Tax credit for other dependents is a system designed by Uncle Sam in which relations (nuclear and extended families) can qualify for tax credits. With this credit, taxpayers can get...