A spouse usually signs joint tax returns with the knowledge to face the due tax, penalties, and interest accompanying the tax return. According to the IRS (Internal Revenue Service),...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2022
Buying a home is a huge financial responsibility. But it's a worthwhile investment. One smart way to kill two birds with one stone is to deduct your mortgage points from your taxes,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/28/2022
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
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
What is a Yield Curve?This (a yield curve) is a line that plots the yields (interest rates) of bonds of the same credit quality but with different maturity dates. The yield curve slope...
Posted by Rosovich & Associates, Inc. on 10/24/2021
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...
There are bond authorities that are state-chartered in every state. These are housing agencies, healthcare facilities, authorities for the financing of industrial development, etc....
For many individual taxpayers and small business owners, using independent contractors can mean a reduction in tax liability for funds paid out, but can also mean that you are not...
At Coastal Business Services, we understand that tax season is not something that most taxpayers look forward to. While many may put some money back from each paycheck to help them...