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...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC 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
The first-time home buyer's tax credit was introduced during the 2008 financial crisis to help Americans buy more affordable homes. Although there are many other mortgage and loan...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2022
Foreclosure is a common term, but only some know its true meaning and reason. You can only be a perfect homeowner or buyer if you know things associated with the term. Your idea about...
Posted by Rosovich & Associates, Inc. on 12/18/2022
No matter how chaotic your work life feels during the last quarter, the end of the current year and the start of a new year is the perfect opportunity to organize your office and regain...
Posted by Rosovich & Associates, Inc. on 10/26/2022
The student loan is usually the go-to option when they face challenges. Both parents, guardians, and students rely on this loan in a hard time, not knowing the ups and downs of the...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/10/2022
Now, consumers can benefit from education and complaints through the Consumer Financial Protection Bureau. The administration heads banks, lenders, and big nonbanking institutions,...
Posted by Rosovich & Associates, Inc. on 08/24/2022
Not all debts are the same. Although most forms of lending carry risk, certain lending decisions are more likely to send you into a downward debt spiral. We call them debt traps.It's...
Posted by Rosovich & Associates, Inc. on 08/11/2022
Since nonresident and resident aliens are taxed differently, it is important to determine your status. You are considered a nonresident alien when you are not a U.S. citizen or a U.S....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/01/2022
