CG Accounting Group - CGA Accounting Group

Do You Need a New IRS Identity Verification?

Do You Need a New IRS Identity Verification?
In November of 2021, the Internal Revenue Service launched an improved identity verification and sign-in process that enables more people to securely …

Does Your Business Need to File Forms 1099-NEC or 1099-MISC?

Does Your Business Need to File Forms 1099-NEC or 1099-MISC?
If you use independent contractors to perform services for your business, for each one that you pay $600 or more for the year, you are required to iss…

How Small and Medium-Sized Business Funding Works

How Small and Medium-Sized Business Funding Works
Small and medium-sized businesses that want to grow beyond what they’re able to accomplish with their own resources often seek funding from investor…

Video tips: How to Prepare for Your 2021 Tax Return

Preparing for your tax return beforehand can help avoid mistakes and reduce delays in receiving a tax refund. Watch this video for simple steps that you can take to be ready for your tax return in 2022.

What Is Tax Basis and Why Is It So Important?

What Is Tax Basis and Why Is It So Important?
For tax purposes, the term “basis” refers to the monetary value used to measure a gain or loss. For instance, if you purchase shares of a stock fo…

How One Small Company Found Its Opening and Disrupted an Entire Industry in the Process

How One Small Company Found Its Opening and Disrupted an Entire Industry in the Process
How Vuori found its opening and disrupted an entire industry in the process. Success story below….

Calculating and Using your MRR and ARR to Monitor and Forecast SaaS Subscription Revenue

Calculating and Using your MRR and ARR to Monitor and Forecast SaaS Subscription Revenue
One of the most important tasks that a SaaS company must do each year is to estimate and project future revenue.

Time is Running Out to Take Your 2021 RMD

Time is Running Out to Take Your 2021 RMD
Required Minimum Distributions (RMD) are required taxable distributions from qualified retirement plans and are commonly associated with traditional I…