The Tax Cuts and Jobs Act (TCJA), signed into law in December 2017, brought significant changes to the United States tax code, including alterations to how business income is taxed....
Posted by Rosovich & Associates, Inc. on 11/30/2023
Cash flow stands as the lifeblood of any small business. The inflow and outflow of funds directly impact a business's ability to operate, grow, and fulfill its financial obligations,...
Posted by Pat Raskob on 08/22/2023
As a responsible taxpayer, understanding your obligations and staying on top of your tax payments is crucial to avoid penalties and ensure a smooth tax-filing process. One important...
Posted by Pat Raskob on 06/23/2023
Investors receive the return on investment in the form of dividends, interest, or capital gains. Investment income is an important source of revenue for individuals, businesses, and...
Posted by Pat Raskob on 04/30/2023
A C corporation is a type of business entity that is formed under state law and is taxed separately from its owners. On the other hand, an LLC is a business entity that provides limited...
Posted by Taxes Made EZ Inc on 03/25/2023
You may be eligible for the qualified business income deduction if you are a small business owner.The Qualified Business Income (QBI) deduction provides small business owners with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/09/2023
The traditional process is slow and tedious if you want to convert your corporation to an LLC. But in many states, there is an easier and less expensive way.Although it doesn't...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/28/2022
GILTI stands for Global intangible low-tax income, which is income earned from other countries by U.S-controlled foreign corporations (CFCs), and it undergoes peripheral treatment...
Posted by Rosovich & Associates, Inc. on 11/10/2022
Should you invest your money in stocks or real estate?People often have doubts about what to invest in and when. Competitive home prices in up-and-coming neighborhoods are attractive...
Posted by Pat Raskob on 09/27/2022
