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Author: CG Accounting Group

Don’t Think You Have to File a Tax Return? You May Be Missing Out!

Don’t Think You Have to File a Tax Return? You May Be Missing Out!
These days the tax return is used for more than just collecting taxes. It has also become a tool for the government to provide social benefits. This a…

All the Best Cash Flow Practices for Medical Practices

All the Best Cash Flow Practices for Medical Practices
Medical practices present their own unique challenges in regard to cash flow. To take control over the cash flow for your practice, there are a few ke…

10 Must-Have Policies for 2022

10 Must-Have Policies for 2022
Some laws require employers to provide information to employees via a written policy. Policies are also important for communicating company expectatio…

Crucial Steps You Can Use To Take Control of Your Finances in 2022 and Beyond

Crucial Steps You Can Use To Take Control of Your Finances in 2022 and Beyond
There are several important steps that anyone can use to take control of their finances in the new year – it simply requires them to keep a few key th…

Strategic Preparation is Key to Selling Your Company

Strategic Preparation is Key to Selling Your Company
What few who are ready to move on realize is that selling requires almost the same amount of effort and planning. Details below….

Video Tips: Tax Forms Coming to Your Mailbox for This Tax Season

The tax season is coming and documents reporting income, sales and other items needed for your 2021 tax return should be arriving soon. Here are some of the common tax forms you need to be on the lookout for depending upon your particular circumstances.

Now’s the Time to Brush Up Your Bookkeeping Habits

Now’s the Time to Brush Up Your Bookkeeping Habits
Here are some of our top tips for small steps that will go a long way towards improving your operations in 2022….

Another Rough Tax Season for IRS and Taxpayers?

Another Rough Tax Season for IRS and Taxpayers?
This could be another rough tax season for the IRS and taxpayers. Although this year’s filing season opens January 24, 2022 (i.e., it is the first d…

Planning for a Child’s College Expenses Should Start Early

Planning for a Child's College Expenses Should Start Early
Some in Congress have proposed “free” (i.e., government-paid) tuition for community college attendance. Even if that proposal were to beco…

Video Tips: Advance Child Tax Credit Reconciliation on 2021 Tax Return

In 2021, the IRS sent out Advanced Child Tax Credit payments to qualified families, using the data from 2019 and 2020 tax returns as an estimate. However, since it was just an estimation, the payments received must be reconciled on the 2021 tax return. Watch this video for details.

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