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
The IRS may come requesting the previous record, and it is bad for you to have none. In such a case, you may face serious financial penalties. However, having a record for various...
Posted by Rosovich & Associates, Inc. on 06/10/2022
Owning a home is still an integral part of the American Dream, but it can be costly to achieve that dream, let alone keep it alive. According to a study, it takes an average of $40,224...
Posted by Rosovich & Associates, Inc. on 04/09/2022
If you are a nurse who has experienced traveling on the job and loved it, you need to know all about the payment policies of the job and how you can handle your taxes. Travel nurses...
Posted by Rosovich & Associates, Inc. on 09/30/2021
When preparing for your income tax, the general rule is that you write off your daily business purchases, such as office supplies or utility vehicle mileage, as expenses, and purchases...
Posted by Rosovich & Associates, Inc. on 08/15/2021
Do you have a small business? You can take advantage of these ten deductions to reduce your taxable income. The legal reduction in taxable income isn't as thrilling as winning...
Posted by Rosovich & Associates, Inc. on 07/31/2021
Many people frown at the idea of sending their hard-earned dollars to Uncle Sam. So, to cushion the effect of taxes, Uncle Sam provided some relief in form of tax deductions and credit...
Posted by Rosovich & Associates, Inc. on 07/06/2021
As a real estate agent, there are many challenges as you work in a housing market that has its ups and downs. However, as part of your business, you have the opportunity to take several...
At Coastal Business Services, we understand just how important your small business is to you. You started this business from the ground up and poured a lot of sweat and hard work into...