Exploring ways to save up for your kid’s higher education? The federal tax code provides two beneficial saving plans that allow tax-free withdrawals for qualified education expenses. Watch the video for details.
The end of 2021 is coming. Let’s do a quick recap of tax opportunities you may be missing out on. See our year-end review video for a detailed checklist.
Are you familiar with the tax treatment for cryptocurrency investments and transactions? Being knowledgeable can help you avoid tax blunders and problems with the IRS. Watch this video for a quick overview of the relationship between taxes and cryptocurrency.
With more and more opportunities to work from home nowadays, a home office deduction seems like such a tempting tax benefit. But who can be qualified for this deduction and how is it calculated? Watch this video to learn more.
Taxes are a crucial part of closing a business. From federal and state taxes to employees’ payroll, there are a myriad of tax-related issues to consider. This video will help you check off the list of tax loose ends as you close your doors.
A new legislation has been proposed that could limit the ability of high-income earners to take advantage of Roth IRA conversions. Watch this video for a detailed explanation of the proposed legislation and how it might affect you.
Building a successful business is more or less a balancing act. Here are some things to keep in mind for a successful startup.
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.
Are you withholding enough tax for the year 2021, or do you need to prepay additional tax? Watch this video for common situations where you will need to adjust your withholding or make an estimated tax payment.
An IRS letter sent to your mailbox may bring good news or bad news. It may just provide more information about your account, but it could also require a response on your part which you should not ignore or delay. If there are issues with your tax return, it is advised that you seek assistance from tax experts to avoid paying any unnecessary costs.
19 120th Street
Ocean City, Maryland 21842
(410) 524-2720
FAX: (410) 524-5925
Join our Weekly Newsletter! We promise we won’t spam.
©2022 CG Accounting Group, LLC. All rights reserved.
