The Fair Debt Collection Practices Act (FDCPA) was enacted in 1977 to protect consumers from abusive and deceptive practices by debt collectors. FDCPA is designed to provide consumers...
Posted by Rosovich & Associates, Inc. on 05/08/2023
Deducting your charitable contribution is tricky because of the changing laws in 2022 and 2023. The law allows taxpayers to deduct their generous contributions without going through...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/21/2023
Every taxpayer needs the means to lower their taxes. Both individuals and business owners look for ways to save each dollar in taxes. Although the government initiated the Tax Cuts...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/01/2023
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
Every year, thousands of families in the United States are happy to adopt a child and welcome them into their homes. And as with any growing family, there are expenses associated with...
Posted by Rosovich & Associates, Inc. on 01/17/2023
Low and moderate-income earners are the beneficiary earned income tax credit, aka EITC or EIC. The program pays between $560 to $6,935 for the 2022 tax year but depends on your income,...
Posted by Rosovich & Associates, Inc. on 01/09/2023
Paying tax is not a feeling any taxpayer likes. Having your income after working for a month or having a personal savings slash is no joke. The anger has pushed most taxpayers into...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/08/2022
It is no surprise that paying someone to watch your kids or clean your property makes you an employer, and you have to do the employer donation. Those hired to do these jobs are considered...
Posted by Rosovich & Associates, Inc. on 11/30/2022
Tax preparers prepare more than 85 million tax returns, as observed by the Internal Revenue Service (IRS). However, those who boldly go DIY on their taxes should remember to keep a...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/10/2022
