We have seen that the stock market has hit several new highs in recent months. This is in addition to the fantastic bull market that ran for more than ten years before the rapid coronavirus...
The Internal Revenue Service (IRS) recently released annual tax inflation adjustments for 2021 for more than 60 allowances, including tax rate schedules, standard deductions, itemized...
Posted by Rosovich & Associates, Inc. on 12/31/2020
Many people may believe that they can get away without filing taxes if they don’t receive any notices in that corresponding year. However, the Internal Revenue Service will investigate...
Posted by Ace Plus Tax Resolution on 07/22/2020
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...
Congratulations on receiving a scholarship, grant, or fellowship! These benefits are a fantastic way to cut down on the rising costs of college education. While you are celebrating,...
Posted by Simon Hase, CPA on 03/10/2016
You have been working hard all of your life and deserve to have a nice retirement that you can sit back and enjoy. While you worked hard to pay the bills, take care of children, and...
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
All employees that were fired through whatever means except their own fault qualify for unemployment insurance – a joint program between the federal and state government that...
The TCJA that was passed in 2017 significantly reduced the corporate tax rate and introduced the Qualified Business Income Deduction (QBID).The QBI deduction makes it possible to reduce...