cgadmin | Cg Tax, Audit & Advisory

13 Jun

Business Interest Limitations in NJ

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June 14, 2019

Business interest limitations in New Jersey don’t apply to gross income and partnership tax returns. The NJ Division of Taxation has advised that, for NJ gross income tax purposes, NJ doesn’t conform to the...

11 Jun

Tax

IRS Continues to Improve Taxpayer Security

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June 14, 2019

To enhance security, the IRS will soon end some taxpayer services. Currently, taxpayers who need transcripts (summaries) of their filed tax returns can request them from the IRS. Third parties, such as lenders or...

10 Jun

Nonprofit

Associates: Avoid Certain Activities to Preserve Tax-Exempt Status

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June 14, 2019

Nonprofit trade associations, or 501(c)(6) organizations, exist to promote their members’ common interests and improve business conditions. But your association doesn’t qualify for tax-exempt status if it exists only to perform services for individual...

06 Jun

Tax

Revised NJ Family Leave Policies

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June 11, 2019

Employers, are you ready to comply with the revised laws regarding New Jersey’s family leave policies? This might help: NJ’s Department of Labor and Workforce Development has created an FAQs sheet that reflects amendments...

04 Jun

Tax

Might Be Time For a Paycheck Checkup!

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June 11, 2019

Do you work multiple jobs or are you adding a summer job this year? The IRS suggests that you conduct a “paycheck checkup” to learn if you’re having the right amount of tax withheld...

03 Jun

Nonprofit, Tax

Predicting Future Performance

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June 11, 2019

CPAs typically report historical financial performance. But sometimes they’re hired to predict how a company will perform in the future. There are three types of prospective reports: forecasts, projections and budgets. Though these terms...

30 May

Tax

Updated Info on NJ Set-Off/Offset Programs

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June 11, 2019

The New Jersey Division of Taxation has updated its guidance on set-off programs. They divert a taxpayer’s refunds and government payments to pay federal or state debts, such as unpaid taxes, traffic fines or...

28 May

Tax

Retirement Legislation Moving Forward

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May 29, 2019

On May 23, U.S. House lawmakers overwhelmingly approved a retirement bill, the “Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.” The vote was 417-3. The bill provides incentives for retirement security...

23 May

Tax

Filing Under NJ’s Corporation-Business Tax Statute

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May 23, 2019

The New Jersey Division of Taxation has listed more entities that must file separately under the state’s corporation-business tax statute. Read full article here.

21 May

Tax

Tax Support for Families Under Current Law

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May 21, 2019

The Treasury Department’s Office of Tax Policy has published a research report of interest to families. “Tax Support for Families under Current Law” discusses major tax provisions that support typical families, the number of...

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Posts by cgadmin

Business Interest Limitations in NJ

IRS Continues to Improve Taxpayer Security

Associates: Avoid Certain Activities to Preserve Tax-Exempt Status

Revised NJ Family Leave Policies

Might Be Time For a Paycheck Checkup!

Predicting Future Performance

Updated Info on NJ Set-Off/Offset Programs

Retirement Legislation Moving Forward

Filing Under NJ’s Corporation-Business Tax Statute

Tax Support for Families Under Current Law