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
Establishing your domicile is a critical aspect of your tax status. Domicile refers to the place where you have your true, permanent home, and it plays a significant role in determining...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/30/2023
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
Those who cannot withhold federal taxes from each paycheck must pay taxes quarterly.United States income tax operates on a pay-as-you-go system, in which the federal government collects...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/11/2021
We have seen that the stock market has hit several new highs in recent months. This is in addition to the fantastic bull market that ran for more than ten years before the rapid coronavirus...
The filing status of a taxpayer depends on individual circumstances. Are you married or single? Do you have dependents? Identifying the correct filing condition is essential, as it...
In general, if the IRS refuses your statement, it's probably because it contains an error other than a simple mathematical error. The IRS generally corrects mathematical errors...
Posted by Elliot Kravitz, ATP on 11/05/2019