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
Paying for college is a hurdle for many American families.According to the Department of Education's National Center for Education Statistics, the average in-state undergraduate...
Posted by Rosovich & Associates, Inc. on 12/31/2022
Paying tax is not a feeling any taxpayer likes. Having your income after working for a month or having a personal savings slash is no joke. The anger has pushed most taxpayers into...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/08/2022
Student loan interest deduction talks about an income tax deduction that gives borrowers the capacity to remove up to $2500 on the interest they paid on a student loan that qualifies...
Posted by Rosovich & Associates, Inc. on 12/27/2021
No one loves the idea of giving Uncle Sam the hard-earned money. However, it is horrible to leave a tax deduction that could bring down your tax bill due to ignorance. As a result,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/30/2021
The Internal Revenue Service (IRS) recently released annual tax inflation adjustments for 2021 for more than 60 allowances, including tax rate schedules, standard deductions, itemized...
Posted by Rosovich & Associates, Inc. on 12/31/2020
Tax time is all about refunds for many people, and everyone wants to fully maximize their refund. After all, it is your money, and you should be able to get it back. Kaufmann Advisors...