Today, relatively few Americans itemize deductions on their tax returns. You can claim either the standard deduction or the itemized deductions, but not both. And, of course, you always...
Based on the tax reform, the moving deduction was suspended until 2026. Presently, only active-duty members of the military and their households that move in response to order can...
Posted by Rosovich & Associates, Inc. on 01/31/2022
The issue of filing tax returns is a complicated process as it is. It's now even worse when you're behind on your tax payments. Well, let's look at how you can take care...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/27/2022
Treasury bonds are known to be safe and harmless investments. It is a debt security that the United States Treasury issues. The bonds issued to investors are used to foot the country's...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/21/2022
Do you think you have made it as a landlord? Wait until you find out what tax cuts you are entitled to. There is certainly a lot of frustration with owning a rental property. However,...
Posted by Rosovich & Associates, Inc. on 01/21/2022
It is never an easy ordeal, losing your job, whether emotionally or financially. Regardless, it is crucial to continue to be proactive regarding your finances and tax status....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/09/2022
American businesses of all sizes have a number of financial information that must be organized and reported to comply with legal obligations, such as tax requirements. Various professions...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/01/2022
Investing in yourself is an excellent long-term move you can take. You can invest in yourself in several ways which will yield tremendous output in the long run.Ask yourself if you're...
Posted by Rosovich & Associates, Inc. on 01/01/2022
We totally get it. People with thousands and millions of dollars sometimes like to hide their money abroad.Of course, the government disapproves of tax evasion. After the financial...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/27/2021