cgadmin | Cg - Part 142

27 Feb

Tax Credits May Help With the High Cost of Raising Children

Posted by cgadmin
February 25, 2020

If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their food, clothes, activities and education. Fortunately, there’s a tax credit available for taxpayers with...

26 Feb

Business

Digital Documents With E-signatures Aren’t Going Away

Posted by cgadmin
February 24, 2020

Have you applied for a business loan lately? Or had some repairs done on your facilities? Maybe you’ve signed a contract with a certain technologically inclined customer or vendor. In any of these instances,...

25 Feb

Federal Tax, Tax

IRS Proposed Regs For TCJA Federal Income Tax Withholding Changes

Posted by cgadmin
February 24, 2020

The IRS has issued proposed regulations to conform to the Tax Cuts and Jobs Act’s federal income tax withholding changes. The proposed regs are designed to accommodate the redesigned 2020 Form W-4, “Employee’s Withholding...

24 Feb

Employer

Would Your Employees Appreciate a Payroll Deduction IRA?

Posted by cgadmin
February 21, 2020

Not every employer is ready or capable of launching and administrating a 401(k) or other qualified retirement plan. If your organization is in this camp, its employees might appreciate a payroll deduction IRA. How it...

21 Feb

Nonprofit

How to Prepare Your Nonprofit For a Financial Audit

Posted by cgadmin
February 19, 2020

Outside financial audits may seem like an extravagance to nonprofits working to contain costs and focus on their mission. But undergoing regular audits allows your organization to identify risks early and act quickly to...

20 Feb

Individual Tax, Tax

Reasons Why Married Couples Might Want to File Separate Tax Returns

Posted by cgadmin
February 18, 2020

Married couples often wonder whether they should file joint or separate tax returns. The answer depends on your individual tax situation. It generally depends on which filing status results in the lowest tax. But...

19 Feb

Business

How to Make the Most of Your Multigenerational Workforce

Posted by cgadmin
February 17, 2020

Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of Generation X to Millennials to the newest group, Generation Z. Managing a workforce with...

18 Feb

Federal Tax, Tax

Standard Deduction Vs. Claiming Itemized Deductions

Posted by cgadmin
February 17, 2020

What’s best for you, taking the standard deduction or claiming itemized deductions? The standard deduction changes yearly and is based on age and filing status. The Tax Cuts and Jobs Act raised the standard...

17 Feb

Employer

Record Retention For Your Business

Posted by cgadmin
February 17, 2020

The subject of business record retention comes up frequently with our clients. We’re often asked, “how do I know if I need to keep a document?” and “how long do I need to keep...

17 Feb

Employer

2020 Adjusted Penalties for Health Benefits and Other Plans

Posted by cgadmin
February 14, 2020

The U.S. Department of Labor (DOL) recently announced the 2020 annual adjustments to civil monetary penalties for a wide range of benefits-related violations. Legislation enacted in 2015 requires annual adjustments to certain penalty amounts...

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Posts by cgadmin

Tax Credits May Help With the High Cost of Raising Children

Digital Documents With E-signatures Aren’t Going Away

IRS Proposed Regs For TCJA Federal Income Tax Withholding Changes

Would Your Employees Appreciate a Payroll Deduction IRA?

How to Prepare Your Nonprofit For a Financial Audit

Reasons Why Married Couples Might Want to File Separate Tax Returns

How to Make the Most of Your Multigenerational Workforce

Standard Deduction Vs. Claiming Itemized Deductions

Record Retention For Your Business

2020 Adjusted Penalties for Health Benefits and Other Plans