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
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
The Earned Income Tax Credit (EITC) is a vital component of the U.S. tax code, aimed at providing financial relief to low and moderate-income individuals and families. Since its inception...
Posted by Pat Raskob on 10/23/2023
Navigating the complex landscape of state income taxes can be challenging, especially if you earn income in multiple states or have recently moved. One essential aspect of state taxation...
Posted by Pat Raskob on 10/10/2023
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 higher education costs continue to rise, families must plan and save for their children's educational expenses. One popular tool for saving for education is the 529 plan, named...
Posted by Rosovich & Associates, Inc. on 06/23/2023
A revenue ruling is a document issued by the Internal Revenue Service (IRS) that guides how to interpret and apply tax laws. These rulings are issued in response to specific questions...
Posted by Pat Raskob on 05/08/2023
A credit card benefits a graduate, undergraduate, or even a non-traditional student. However, having one that satisfies all purposes is the best. Another reason is having a good credit...
Posted by Taxes Made EZ Inc on 03/01/2023
Low and moderate-income earners are the beneficiary earned income tax credit, aka EITC or EIC. The program pays between $560 to $6,935 for the 2022 tax year but depends on your income,...
Posted by Rosovich & Associates, Inc. on 01/09/2023
