Dealing with the Internal Revenue Service (IRS) can be a daunting and often stressful experience, but it's a necessary part of life for all taxpayers in the United States. The...
Posted by KLSM CPA Firm PLLC on 11/30/2023
Annuities are financial products that have gained popularity as a retirement income option in recent years. They offer a way to provide a steady stream of income during retirement,...
Posted by Rosovich & Associates, Inc. on 10/23/2023
Dividend income is a source of financial growth and stability for many investors. While the Internal Revenue Service (IRS) typically taxes dividend income, certain types of dividends...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/10/2023
An annuity is a customisable contract typically issued by an insurance entity which converts your premiums into a guaranteed fixed income stream. You can consider an annuity as a legal...
Posted by Taxes Made EZ Inc on 09/07/2023
Recovery rate can be defined as the percentage of defaulted debt recoverable by a lender. It can also be defined as the value of a security after said security has emerged from bankruptcy...
Posted by Rosovich & Associates, Inc. on 07/13/2023
Buying and selling of bonds is accessible through primary public issues, secondary markets, or from the exchange (NSE / BSE). Government bonds with taxation rates are available on...
Posted by KLSM CPA Firm PLLC on 04/21/2023
An OID also known as original issue discount is a debt instrument with a lower value compared to the time it was bought. The investor receives the face value after maturity with interest...
Posted by Rosovich & Associates, Inc. on 04/21/2023
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...
Posted by Taxes Made EZ Inc on 02/07/2023
Keeping old credit cards open can help improve your credit. However, if you don't use the card enough, the card issuer may cancel your account without your knowledge. If you want...
Posted by Taxes Made EZ Inc on 07/12/2022
