Ocean City, MD 21842
1-410-524-2720

Stay Current with CGA

Information Center

Paid Sick Leave vs. Vacation vs. PTO: What You Need to Know

Paid Sick Leave vs. Vacation vs. PTO: What You Need to Know
More and more jurisdictions are passing laws requiring employers to provide paid leave to employees, and the COVID-19 pandemic has only accelerated th…

Consequences of Filing Married Separately

Consequences of Filing Married Separately
Couples who are married on the last day of the tax year basically have two filing status options when filing their tax returns: either married filing …

Video tip: You May Qualify for Free COBRA Health Insurance

The recently passed American Rescue Plan provides a 100% subsidy for COBRA premiums of eligible individuals who receive involuntary termination or reduction of hours and are not eligible for other group coverage or Medicare. Watch this video for more details.

Tax-Free Grants for Restaurants

Tax-Free Grants for Restaurants
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses…

Here’s What Happened in the World of Small Business in April 2021

Here’s What Happened in the World of Small Business in April 2021
In this small business breakdown, we discuss important current events that are affecting small businesses across the United States. Here’s the t…

Video tip: A Reminder of the Expiring 2017 Refund Statute

If you haven’t done so, the deadline to file a tax return and claim your refund for 2017 is coming soon. On the other hand, if you owe and have not filed, you are still liable for the amount due. Don’t miss out on any possible tax credits and watch out for potential tax penalties.

Refund Statute Expiring: Don’t Miss Out!

Refund Statute Expiring: Don't Miss Out!
If you have not yet filed your 2017 tax return and have a refund coming, time to claim that refund is running out! The IRS estimates that more than 1….

Qualified Small Business (QSB) Stock Gain Exclusion: Who Can Take Advantage and How to Do It

Qualified Small Business (QSB) Stock Gain Exclusion: Who Can Take Advantage and How to Do It
The Section 1202 gain exclusion on the sale of Qualified Small Business (QSB) stock can offer many benefits for those who can take advantage of it, bu…

How to Protect Your Data in QuickBooks

How to Protect Your Data in QuickBooks
Your QuickBooks company file is gold. Keep it safe from fraud and intrusions….

Running a Trading Business – and What it Means for Your Taxes

Running a Trading Business – and What it Means for Your Taxes
There are specific criteria for being considered a “trader” or qualifying as a “trading business.” Here’s how operating

Scroll to top