Most retirees depend on social security. One in four people receives 90% of their retirement income from the plan. About half depend on it for 50% of their income. Although Social...
Posted by Dennis Jao on 09/30/2022
Most people don't understand the late-filing penalties associated with Form 5500 (including 5500-EZ and 5500-SF). Why should they?But once you file late (or do not file at...
Posted by KLSM CPA Firm PLLC on 09/27/2022
Purchasing a home is often the most important financial decision of our lives, and for most of us, that means getting a mortgage. Mortgages can mean long-term borrowing at a relatively...
Posted by KLSM CPA Firm PLLC on 08/24/2022
Everyone looks forward to retirement and we congratulate you on this milestone. But if you one day wish to return to work, you'll lose your Social security benefits. The duration...
Posted by Tiffany Gaskin on 08/24/2022
Military spouse residency is common among military personnel. The tax law created the residency relief act to assist military spouses. You may be wondering what it is for and what...
Posted by KLSM CPA Firm PLLC on 08/11/2022
Cryptocurrency has become the most delinquent and high-gaining investment of the modern era. The long-term investment has led people to ask what happens to Bitcoin (BTC) when the owner...
Posted by Pat Raskob on 07/31/2022
Maintaining a comprehensive and up-to-date security policy as a business owner should be one of your top priorities. However, it can sometimes seem difficult and complex to keep up...
Posted by Taxes Made EZ Inc on 07/18/2022
Identity theft is not limited to criminals opening credit cards and collecting debts in your name - your return is also at risk. While the IRS works hard to combat fraudulent returns,...
Posted by Rosovich & Associates, Inc. on 07/09/2022
Employees have their taxes withheld by their employers. So, how do the self-employed pay? The self-employed pay estimated taxes quarterly by due dates to the IRS. This way, they can...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/22/2022
