Buying a home is one of the most significant financial decisions most people make in their lifetime. Homeownership is often seen as a symbol of success and stability, but it also comes...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2023
Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
Whatever difference a bank incurs when its income is subtracted from its assets that bear interest, alongside the costs used to satisfy the liabilities that bear interest.The difference...
Posted by Rosovich & Associates, Inc. on 05/26/2023
Investing in securities is a common way for individuals to grow their wealth. However, not all securities are created equal, and some investments may be classified as prohibited securities....
Posted by Rosovich & Associates, Inc. on 05/16/2023
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
Payroll is an essential part of any business, and it can be a challenging task, especially when it comes to managing taxes. Many business owners need help with payroll management,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/30/2023
Property taxes are one of the many types of taxes that property owners have to pay. These taxes are levied on real estate, including land, buildings, and other structures, and are...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/27/2023
An OID also known as original issue discount is a debt instrument with a lower value compared to the time it was bought. The investor receives the face value after maturity with interest...
Posted by Rosovich & Associates, Inc. on 04/21/2023
Any mistake on a tax return equals money, hard-end money. Either you are losing it by paying taxes, interest, and penalties or getting a fat refund. In addition to the former, you...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/09/2023
