The rise of Bitcoin and other cryptocurrencies has captivated the financial world in recent years. Bitcoin, in particular, has seen remarkable surges in value, attracting both seasoned...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/30/2023
Divorce is a complex and emotionally charged process, and when it comes to taxes, it can become even more challenging. A "smart tax divorce" involves making informed decisions...
Posted by Taxes Made EZ Inc on 11/30/2023
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
When planning for your retirement and thinking about how to leave a financial legacy for your heirs, understanding the concept of Stretch IRAs is crucial. A Stretch IRA, also known...
Posted by KLSM CPA Firm PLLC on 11/27/2023
Losing your job can be a stressful and uncertain experience, especially when it comes to your finances. If you've taken out a 401(k) loan and suddenly find yourself laid off, you...
Posted by KLSM CPA Firm PLLC on 11/17/2023
Tax-loss harvesting is a strategic technique that savvy investors use to minimize their tax liabilities while optimizing their investment portfolios. By deliberately selling investments...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/31/2023
Estate planning is a vital component of financial management, ensuring that your assets are protected, your wishes are honored, and your loved ones are taken care of when you can no...
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
When considering annuities, it is essential to understand the tax implications. Many people, however, might be surprised because the taxation of pensions differs. This article explores...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/15/2023