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Author: CG Accounting Group

Checklist: Managing Vacation Requests Post-Lockdown

Checklist: Managing Vacation Requests Post-Lockdown
During the height of the pandemic, many employees didn’t use much vacation time because of travel and other restrictions. Now that these restrictions …

Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party

Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
The Internal Revenue Service (IRS) is reminding entities with Employer Identification Numbers (EINs) of their responsibility to update that informatio…

Tax Ramifications of Disposing of a Vehicle

Tax Ramifications of Disposing of a Vehicle
If you are buying a new car, are you wondering what to do with the old one? You actually have a number of options, some of which have tax implications…

Video: Tax Tips for Educators

Teachers and education administrators can benefit from a special tax deduction for education expenses that are not reimbursed. Watch this video to learn more.

Basic Guide to Taxes for Freelance Writers and Self-Published Authors

Basic Guide to Taxes for Freelance Writers and Self-Published Authors
There are very specific tax considerations for people who earn money as freelance writers or self-published authors. Here’s a breakdown….

Getting Married and Related Tax Issues

Getting Married and Related Tax Issues
Most weddings planned for 2020 were delayed because of COVID, causing a big upswing in the number of weddings in 2021. Although tax issues are the fur…

Don’t Have a Retirement Plan? Maybe a SEP Is the Answer.

Don't Have a Retirement Plan? Maybe a SEP Is the Answer
Like many small business owners, you probably find yourself very busy in the wake of the COVID slowdown and are getting back up to speed. But don&rsqu…

Video tips: Summer Activities and Their Impacts on Taxes

Summer is full of activities and life-changing events. But did you know that some of those activities can make a difference to your tax return next year? Watch this video for some quick tips.

Minimizing Tax on Social Security Benefits

Minimizing Tax on Social Security Benefits
Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts will help …

Congress Introduces Tax-Preparer Regulation Legislation

Congress Introduces Tax-Preparer Regulation Legislation
Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with obtaining a PTIN&mdas…

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