With a health savings account (HSA), anyone that has a high deductible health plan that qualifies can use pre-tax dollars for approved medical expenses. The money is kept using an...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/25/2021
Identity theft occurs when someone uses your data to impersonate you, which is often used for their financial gains. In this article, you will find some of the proven ways to prevent...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/11/2021
With the cost of living rising and longer life expectancy, many seniors end up with limited funds. As a result, a reverse mortgage might be the best bet to ultimate comfort during...
Posted by Rosovich & Associates, Inc. on 06/11/2021
Traditional and Roth IRAs may be the king and queen of the retirement prom, but there are other great options that savers shouldn't ignore.Although there are lesser-known SEP,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/06/2021
Some people are lucky in their relationship with Uncle Sam as all they do is file their taxes and expect a refund or send in their balance for every tax year. Sadly, it is not so straightforward...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/24/2021
Understanding Itemized Deductions We define itemized deductions as a series of expenses with which one can reduce taxable income on a tax return. It includes medical bills, interest...
Posted by Rosovich & Associates, Inc. on 05/18/2021
The constructive receipt is a tax concept based on which it is assumed that a taxpayer has received income, even though the income has not yet been physically received, which must...
Posted by Rosovich & Associates, Inc. on 02/22/2021
Small Businesses could be referred to as a sole proprietorship, partnership business or corporations with little employees and revenue in comparison with a regular business entity....
Posted by Affordable Accounting Assistance on 01/27/2019
For many small businesses, sales tax may be a part of life, especially if your business includes end user or ultimate consumer sales. If your business includes the sales of tangible...
Posted by Patrick O'Hara, EA on
