cgadmin | Cg Tax, Audit & Advisory

23 Sep

A Policy Can Help Nonprofits Look “Gift Horses” in the Mouth

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September 20, 2019

When you receive a personal gift from a friend or family member — even if it’s not something you particularly want — you accept the gift and thank the person. The same isn’t always...

19 Sep

State & Local Tax, Tax

NJ Waiving Late Filing Penalty for Certain Corps

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September 19, 2019

New Jersey is waiving its late filing penalty for certain corporations. The NJ Division of Taxation will automatically waive the penalty for corporate taxpayers with a “properly extended” federal return due date of Oct....

17 Sep

Federal Tax, Tax

School’s back and so are the bills…

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September 17, 2019

School’s back in session. For many parents and students in higher education, that means school bills are also back. To help offset those costs, eligible taxpayers who are footing the bills may be able...

16 Sep

A&A

Auditing Grant Compliance

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September 12, 2019

Has your organization received any public or private grants to fund its growth? Grants sometimes require an independent audit by a qualified accounting firm. Here’s what grant recipients should know to help facilitate matters...

12 Sep

State & Local Tax, Tax

NJ Gas Tax Rate

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September 11, 2019

The New Jersey State Treasurer has announced that the NJ gas tax rate will remain stable for the coming year. The 26.9¢ per gallon petroleum products gross receipts tax rate will remain unchanged. When...

10 Sep

Federal Tax, Tax

September 16 Due Date Approaching!

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September 10, 2019

Do you owe estimated taxes? If so, don’t miss the Sept. 16 due date for the third installment of 2019 federal taxes due. Those who have taxable income that isn’t subject to withholding, such...

03 Sep

Nonprofit, Uncategorized

Nonprofit Board Members – What You Need to Know!

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September 20, 2019

Serving on a nonprofit board of directors is a great way to get involved in an organization with a cause you are passionate about. Board service is an important aspect to a nonprofit. Being...

03 Sep

Federal Tax, Tax

Some Ancestry Genetic Testing May Qualify as Medical Care

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August 29, 2019

A portion of ancestry genetic testing qualifies as medical care, the IRS has stated, and thus some of the costs may be deductible. In a Private Letter Ruling, the IRS allowed a taxpayer to...

29 Aug

State & Local Tax, Tax

New Law Affects Refund of NJ Property Taxes

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August 28, 2019

A new law affects the refund of New Jersey property taxes. In the case of a refund, the taxing district must now pay interest calculated at an annual rate of either 5% or 1%...

27 Aug

Federal Tax, Tax

IRS Detects New Phishing Scam

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August 26, 2019

The IRS announced it has detected a new phishing scam involving unsolicited emails from IRS imposters. Subject lines on the phony emails include “Automatic Income Tax Reminder” or “Electronic Tax Return Reminder.” However, the...

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Posts by cgadmin

A Policy Can Help Nonprofits Look “Gift Horses” in the Mouth

NJ Waiving Late Filing Penalty for Certain Corps

School’s back and so are the bills…

Auditing Grant Compliance

NJ Gas Tax Rate

September 16 Due Date Approaching!

Nonprofit Board Members – What You Need to Know!

Some Ancestry Genetic Testing May Qualify as Medical Care

New Law Affects Refund of NJ Property Taxes

IRS Detects New Phishing Scam