HSA's (Health Savings Account) contribution has people wondering about the effect of the new changes, especially on limits. Taxpayers are to have health benefits coverage for 2023....
Posted by Taxes Made EZ Inc on 01/30/2023
Financial freedom is everyone's dream, and a journey everyone needs to take. And the fastest way to stay up-to-date is by doing a financial checkup. It is easy to face bankruptcy...
Posted by Pat Raskob on 01/30/2023
Who counts as an independent contractor versus an employee may be about to change, as a new proposal from the US Department of Labor (DOL) suggests revamping the classification of...
Posted by Rosovich & Associates, Inc. on 01/30/2023
A defined benefit plan, more commonly known as a pension plan, provides guaranteed retirement benefits to employees. Defined benefit plans are primarily funded by the employer, with...
If you are an American who has lived or worked outside of the United States, you will almost certainly need to file a tax return with the IRS and be eligible for the foreign tax credit....
Posted by Taxes Made EZ Inc on 01/26/2023
The IRS allows taxpayers to deduct medical expenses used by themselves, their spouses, or someone claiming them as a dependent. Although tax returns do not accept medical deductions...
Posted by Pat Raskob on 01/26/2023
A trust is a lawful entity that holds assets and money for future distribution or administration. For example, you can create trust for your children's college education by setting...
Posted by Rosovich & Associates, Inc. on 01/26/2023
Since couples can file their taxes jointly, some partners purposely neglect their tax duties which explains the reasons the innocent spouse relief law was enacted. The program is a...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/17/2023
A Ponzi scheme is a monetary scam in which a promoter offers investors exceptionally high or substantial returns on investment. Gullible investors give their money to the conspirator...
Posted by Taxes Made EZ Inc on 01/17/2023