Tips to Get Your Startup Off the Ground
By keeping a few critical things in mind, you can increase the chances that your startup will stand the test of time exponentially. Learn more….
Author: CG Accounting Group
Employers Hiring New Employees May Be Able to Claim a Work Opportunity Tax Credit
The Covid-19 pandemic has had a significant impact on the labor market – mandated government lockdowns and workers’ and customers’ fears of cont…
New Hire Paperwork: What’s Required and What’s Recommended?
Employers must comply with numerous requirements, including paperwork and notices, when hiring new employees. In addition to required new hire paperwo…
Education Credits are for Children? Think Again!
If you think that education credits are just for sending your children to college, think again—the credits are available to you, your spouse (if…
Mega-Rich Backdoor IRA Strategies May Backfire If New Tax Bill Passes
A proposed tax code change would mandate an annual required minimum distribution for retirement accounts exceeding $10 million. Full story below….
Required Minimum Distributions Have Resumed for 2021
When Congress established tax-favored retirement plans, they allowed taxpayers to take a tax deduction for the amount of their allowable contribution …
The Ins and Outs of Bookkeeping: All the Best Practices to Get the Best Financial Outcome From Your Organization
Handling bookkeeping on your own can quickly become a full-time job, which is a bit of an issue since you already have one of those on your plate….
Video tip: An Expansion of the IRS Identity Protection PIN Program
The Identity Protection PIN Program by the IRS has been expanded to cover not only victims of identity theft but also all eligible taxpayers. What benefit does the program bring to the normal taxpayers and should you apply for it? Watch this video to find out.
How Understanding the ‘Rule of 72’ Helps You Make Personal Finance Decisions
Predict how many years it takes money to double based on a specific rate of return….
Fall Tax Planning May Be Wise
Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can cost you mon…
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