The United States tax system is complex, and navigating it can be a daunting task for many individuals and businesses. The Internal Revenue Service (IRS) is responsible for enforcing...
Posted by Rosovich & Associates, Inc. on 11/27/2023
In June 2018, the United States Supreme Court issued a landmark decision in the case of South Dakota v. Wayfair, Inc., fundamentally altering the landscape of sales tax collection...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/22/2023
Sports gambling has grown into a significant industry, with millions engaging in betting activities yearly. With the legalization of sports betting in several states and the expansion...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/11/2023
As online selling continues to flourish, the taxation landscape has become increasingly complex for e-commerce businesses. One crucial aspect that online sellers need to navigate is...
Posted by Rosovich & Associates, Inc. on 07/23/2023
Many cryptocurrencies like Bitcoin and Ethereum rise and fall, raising tons of tax questions. The Internal Revenue Service (IRS) is implementing many laws for those holding cryptos,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/25/2023
Real agents help home buyers or sellers navigate the complex process of buying or selling a home. These professionals are licensed, experienced, and knowledgeable in finding homes,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/30/2023
One of the things most people do not look forward to is the tax period and it is not surprising as filing taxes is complex with a series of forms, and mistakes could be costly. As...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/27/2022
The first-time home buyer's tax credit was introduced during the 2008 financial crisis to help Americans buy more affordable homes. Although there are many other mortgage and loan...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2022
Tax preparers prepare more than 85 million tax returns, as observed by the Internal Revenue Service (IRS). However, those who boldly go DIY on their taxes should remember to keep a...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/10/2022
