In the United States, the Internal Revenue Service (IRS) collects federal taxes and makes sure people follow tax laws. The Internal Revenue Service handles the processing of tax returns,...
Posted by Income Taxes and Bookkeeping LLC on 03/24/2022
We not only avoid debt or pay taxes to stay out of trouble but more because it reflects on an individual's responsibility. Doing something because it is one's duty to avoid...
Posted by Rosovich & Associates, Inc. on 02/28/2022
What is the Taxpayer Bill of Rights (TABOR)?Taxpayer Bill of Rights: TABOR is a broad term that encompasses many concepts and initiatives at the local, state, and federal levels...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/01/2021
Defaulting on your business loan will trigger a series of negative consequences. It might accelerate the loan, making you owe the entire loan balance rather than what is outstanding...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/26/2021
As of April 2020, tax liens are no longer included in a credit report. This decision is due to the fact that they usually contain judgments that were wrongly reported. However,...
Posted by Tiffany Gaskin on 04/29/2021
The Additional Medicare Tax has been enacted since 2013, which affects taxpayers that make more than 200,000 USD or 250,000 USD as married couples. This set of people will pay an extra...
Posted by Tiffany Gaskin on 01/13/2021
Taxes are an integral part of any economy. As a responsible taxpayer, you are supposed to pay your taxes and file your returns on time. While these are important exercises, most people...
Posted by Abundant Wealth Planning LLC on 12/21/2020
Student loans have become a main concern on the 2020 Presidential campaign track and these loans are a huge part of the discussion about Millennials and Gen Z’s financial possibilities....
Posted by Abundant Wealth Planning LLC on 06/23/2020
Small businesses that have employees must collect taxes from their employees whenever the employer issues a paycheck. These funds then go into a trust fund account that employers use...
Posted by Income Taxes and Bookkeeping LLC on 01/06/2016
