The world has shifted to enticing kids with trends, fashion, gadgets, and the tastiest treats. But as parents, we still need to inculcate money talks with our kids. How can mums and...
Posted by Rosovich & Associates, Inc. on 10/30/2022
Bonuses are considered extra pay and are taxed by the IRS as ordinary income. There are two ways for your employer to determine how much to deduct from your salary.Earning a bonus...
Posted by Taxes Made EZ Inc on 09/03/2022
For everyone who has recently monitored the tech news, you would have noticed the frequent mention of NFTs alongside Bitcoin and blockchain. This has attracted many artists and artisans...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/24/2021
Savings bonds are a popular means of savings for conservative investors because they have the full confidence and credit of the US government. With savings bonds, you receive a fixed...
Posted by Pat Raskob on 10/19/2021
Whenever you see a dollar from a lottery win, please remember that the IRS has taken its 25%. Up to 13% can be withheld in local and state taxes (depending on where you live). However,...
Posted by Pat Raskob on 09/30/2021
Many landlords pay more tax on their properties than they should. This is because they are ignorant of the several tax advantages and benefits of becoming a landlord. More than any...
Pet Moving Expenses: In some cases, moving expenses for your pet may be deductible if you're relocating for work. This includes transportation, lodging, and even pet quarantine...
Posted by True Tax Service on 09/29/2023
Almost every gambler looks forward to winning when they bet on a sport. Unknown to most gamblers; however, the taxman also wants his cut. Uncle Sam considers sports betting winning...
Posted by Karen Munoz, EA on 10/30/2021
As a small business owner, you want to know the type of taxes you should pay, and an excise tax is one of such taxes. Excise taxes are the extra tax added to particular products or...
Posted by KLSM CPA Firm PLLC on 10/09/2021