The IRS may come requesting the previous record, and it is bad for you to have none. In such a case, you may face serious financial penalties. However, having a record for various...
Posted by Rosovich & Associates, Inc. on 06/10/2022
For many entrepreneurs, the idea of getting a second hustle seems efficient. Most people convert their hobbies into a second business. As an entrepreneur, you may have an idea of the...
Posted by BEST FINANCIAL GROUP LTD on 05/10/2022
As part of the Internal Revenue Code, specific organizations would have to report their activities for every calendar year for documentation purposes. Such organizations must fill...
Posted by Rosovich & Associates, Inc. on 04/17/2022
A profit and loss statement is a financial statement that summarizes the revenues, expenses, and costs of a business over some time. It is often called a statement of operations, earnings...
Posted by Income Taxes and Bookkeeping LLC on 03/31/2022
State and Local Tax Deduction (SALT) allows taxpayers in high tax states to deduct local tax payments from their federal tax returns. The tax plan that President Trump signed in 2017...
Posted by Income Taxes and Bookkeeping LLC on 01/27/2022
The main traditional sources of retirement income in the United States are often referred to as a three-legged or three-pillar chair:Social Security benefitsEmployer-provided pensions...
Posted by Dennis Jao on 01/27/2022
The technology sector is large and includes device manufacturers, software developers, cloud computing providers, semiconductor companies, streaming services, and wireless service...
Posted by Taxes Made EZ Inc on 11/21/2021
Americans do not like the estate tax, but they love the wealth tax. What's up with this?Both taxes focus their burden on the nation's most fortunate few. Both promise to dismantle...
Posted by Tiffany Gaskin on 11/11/2021
The Senior Tax Credit is a tax credit that could pertain to the returns on your tax as an elder or disabled (notwithstanding how old you are) and meet various income specifications....
Posted by Income Taxes and Bookkeeping LLC on 10/30/2021
