Retroactive tax legislation is an issue that has been debated for a long time in the United States. Retroactive taxation occurs when the government imposes a new tax law that applies...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/08/2023
A trust is a lawful entity that holds assets and money for future distribution or administration. For example, you can create trust for your children's college education by setting...
Posted by Rosovich & Associates, Inc. on 01/26/2023
Every year, thousands of families in the United States are happy to adopt a child and welcome them into their homes. And as with any growing family, there are expenses associated with...
Posted by Rosovich & Associates, Inc. on 01/17/2023
People may wonder if bonds are good investments. The truth is that such an answer depends on many factors, such as the types of bonds, the interest rate, and the bond's duration....
Posted by Rosovich & Associates, Inc. on 07/12/2022
Social welfare refers to a range of programs that aid citizens either financially, educationally, or otherwise. These programs or activities are mainly targeted at groups of people...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/17/2022
If you know you'll get a refund at tax time; filing taxes can be a lot of fun. But if you suspect you owe the IRS money that you don't have, it can be difficult to even begin...
Posted by Rosovich & Associates, Inc. on 03/31/2022
One of the most important things one need not joke with is a credit score; especially if you have needs that involve borrowing money. Refusal to pay a debt might reduce your...
Posted by Rosovich & Associates, Inc. on 11/28/2021
Those who cannot withhold federal taxes from each paycheck must pay taxes quarterly.United States income tax operates on a pay-as-you-go system, in which the federal government collects...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/11/2021
Every small business owner needs to make sure they take care of all taxes for their business and workers, be it local, state or federal taxes, including payroll taxes. All businesses...
Posted by Rosovich & Associates, Inc. on 09/19/2021
