Filing your taxes can be a daunting task, but it's a responsibility that every U.S. taxpayer must fulfill. To ensure a smooth and error-free tax filing process, it's crucial...
Posted by Rosovich & Associates, Inc. on 11/30/2023
The Tax Cuts and Jobs Act (TCJA), signed into law in December 2017, brought significant changes to the United States tax code, including alterations to how business income is taxed....
Posted by Rosovich & Associates, Inc. on 11/30/2023
Tax-loss harvesting is a strategic technique that savvy investors use to minimize their tax liabilities while optimizing their investment portfolios. By deliberately selling investments...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/31/2023
Taxes can be a confusing topic, and dealing with the IRS (Internal Revenue Service) can be intimidating for just about everyone. The last thing you want to receive is an IRS matching...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/07/2023
Capital gains are an important part of investing, as they offer an opportunity for wealth accumulation beyond simple dividends. Understanding how to acquire capital gains requires...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/31/2023
Limited Liability Companies (LLCs) have become increasingly popular among entrepreneurs and small business owners due to their flexibility and liability protection. One crucial aspect...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/17/2023
Married people can file jointly or separately, depending on several life factors. However, unmarried people (not married by the last day of the tax year) who don't qualify for...
Posted by Rosovich & Associates, Inc. on 06/15/2023
Individual Retirement Accounts (IRAs) offer individuals a valuable opportunity to save for retirement while enjoying certain tax benefits. However, it's crucial to stay informed...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/09/2023
Buying a home is one of the most significant financial decisions most people make in their lifetime. Homeownership is often seen as a symbol of success and stability, but it also comes...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2023