In June 2018, the United States Supreme Court issued a landmark decision in the case of South Dakota v. Wayfair, Inc., fundamentally altering the landscape of sales tax collection...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/22/2023
Individual Retirement Accounts (IRAs) offer tax-advantaged ways to save for retirement, but not all IRAs provide the same tax benefits. One specific type of IRA that often confuses...
Posted by Pat Raskob on 09/22/2023
Trusts are powerful financial tools that enable individuals to manage and distribute their assets according to their wishes while potentially minimizing estate taxes and probate processes....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/13/2023
Adoption can be an emotionally rewarding journey, however, it can also come with significant expenses. To help alleviate the financial burden associated with adoption, the United States...
Posted by KLSM CPA Firm PLLC on 09/07/2023
Tax liens and levies typically come into play when you do not pay the taxes you owe. Should you find yourself in this position, it is imperative to comprehend what steps the IRS can...
Posted by Pat Raskob on 08/31/2023
Bitcoin’s value has fallen by more than half its value in November 2021, and this has caused the entire cryptocurrency market to crash. Bitcoin’s crash has affected other...
Posted by KLSM CPA Firm PLLC on 08/31/2023
The Medicare programme, which primarily serves seniors 65 and older, is a significant government-sponsored healthcare programme in the United States. Understanding the details of Medicare...
Posted by Rosovich & Associates, Inc. on 08/31/2023
As tax season approaches, it's essential to understand the various education tax benefits available to taxpayers. The Internal Revenue Service (IRS) offers several deductions and...
Posted by KLSM CPA Firm PLLC on 08/22/2023
Limited Liability Companies (LLCs) have become increasingly popular among entrepreneurs and small business owners due to their flexibility and liability protection. One crucial aspect...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/17/2023
