Personal / private pension refers to the kind of pension you can set up to enable proper savings for retirement. The value of this pension is based on the amount of money you pay in...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/30/2021
If you are a nurse who has experienced traveling on the job and loved it, you need to know all about the payment policies of the job and how you can handle your taxes. Travel nurses...
Posted by Rosovich & Associates, Inc. on 09/30/2021
Failure to protect the assets that you worked your fingers out to gather might be lost easily in bankruptcy, lawsuit or to creditors. This makes it essential to keep all laws in mind...
Posted by Rosovich & Associates, Inc. on 09/26/2021
There exist two kinds of dividends, qualified and ordinary dividends. Ordinary dividends are taxed at the income tax rate, and qualified dividends are taxed at a lower special rate.As...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/24/2021
A charitable gift annuity is a contract between a charity and a donor bound by some terms explained below:The donor makes a considerable gift to the charity via cash, security or other...
Posted by Rosovich & Associates, Inc. on 08/24/2021
The CARES (Coronavirus Aid, Relief, and Economic Security) Act establishes many major loan and tax exemption programs to help tribal-owned businesses stay afloat and retain their employees...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/15/2021
When preparing for your income tax, the general rule is that you write off your daily business purchases, such as office supplies or utility vehicle mileage, as expenses, and purchases...
Posted by Rosovich & Associates, Inc. on 08/15/2021
Some years, Congress changed the rules facing investors. In other years, the economy has the final say in rethinking the best investment plans. At the same time, the personal situation...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/06/2021
The IRS has offered varying options to taxpayers who cannot pay their complete taxes. They have set up a partial payment installment agreement called the PPIA to sort such issues....
Posted by Rosovich & Associates, Inc. on 08/06/2021