Certain disability and retirement benefits may be open to qualified Railroad employees and their spouses.Railroad Retirement is similar to the Social Security system but legislatively...
Posted by Rosovich & Associates, Inc. on 01/30/2021
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...
Posted by Rosovich & Associates, Inc. on 01/22/2021
The TCJA eliminated several itemized deductions from 2018 through to 2025. However, the investment interest deduction was not affected. This means that single taxpayers can claim their...
Posted by Rosovich & Associates, Inc. on 01/13/2021
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
Article Highlights:Skyrocketing Government Spending Federal and State Deficits Tax Increases in Our Future Tax Strategies The outcome of the November elections...
Posted by Ace Plus Tax Resolution on 08/04/2020
Federal and any state returns are usually filed at the same time. This is what most taxpayers believe in most states. However, not so many people know that you can file your state...
Posted by Affordable Accounting Assistance on 02/25/2019
There are some tricky income tax and Social Security tax rules that ministers have to face with regards to how their income is taxed, how to claim an exemption from self-employment...
Posted by Affordable Accounting Assistance on 01/24/2019
When you are married, there are a few different options that you can choose for your tax return. Most married couples will choose to go with married filing jointly at tax time. They...
Posted by Patrick O'Hara, EA on 04/25/2016
For those who have moved into the world of self-employment or business ownership, there is a question of how to handle paying their taxes. After all, in a traditional employer setting,...
Posted by Dennis O'Brien on 03/23/2016
