cgadmin | Cg Tax, Audit & Advisory

16 May

New Legislation Establishes a State Retirement Savings Program

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September 25, 2023

The “New Jersey Secure Choice Savings Program Act” sets up the program for certain workers not covered by another retirement plan. It establishes a standard employee contribution level for those workers of 3%. Read full...

14 May

Federal Tax, Tax

If You Call the IRS, Be Prepared to Identify Yourself

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September 25, 2023

Tax-related identity theft is on the rise. That’s why the IRS says its call center professionals take great care to ensure they discuss personal information only with taxpayers (or authorized representatives). Read full article here.

13 May

A&A

Lean Manufacturers: Reap the Benefits of Lean Accounting

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September 25, 2023

Lean accounting offers a flexible, simplified alternative to standard cost accounting for lean manufacturers. Rather than lumping costs into overhead, lean accounting methods trace costs directly to cost of goods sold with four user-friendly...

09 May

Tax

A Break for Out-of-State Businesses in a Disaster

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May 9, 2019

The New Jersey Dept. of the Treasury explains that a business that restores critical infrastructure in a declared disaster isn’t required to register, file, report and pay state or local taxes or fees requiring...

07 May

Tax

Draft Forms for QBI Deduction Section 199A

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May 8, 2019

The IRS has released two draft forms to compute the qualified business income (QBI) deduction under Section 199A. The draft forms are Form 8995 (“Qualified Business Income Deduction Simplified Computation”) and Form 8995-A (“Qualified...

06 May

Nonprofit

Nonprofit Board Retreats: The Pause That Refreshes

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May 8, 2019

If your not-for-profit’s board is like most, its members lead busy lives. They may not get to every board meeting or perhaps they’re able to attend meetings only via teleconference. That’s why it’s important...

02 May

Tax

Combined Group Managerial Members

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May 8, 2019

The New Jersey Division of Taxation has announced information about the registration of combined group managerial members. A “combined group” is a group of companies that have common ownership and are engaged in a...

30 Apr

Tax

Verify Donations to Tax-Exempt Organizations

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May 8, 2019

Taxpayers who itemize deductions at tax time can still deduct qualified charitable donations to tax-exempt organizations. But before you donate, the IRS warns, verify that the recipient is tax-exempt. For that purpose, the IRS...

29 Apr

A&A

Put a QOE Report to Work for You

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May 8, 2019

An independent quality of earnings (QOE) report can be a valuable tool in mergers and acquisitions. It’s important for both buyers and sellers to look beyond the quantitative information provided by the selling company’s...

25 Apr

Tax

Attention: Business Interest Expense Limitation

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May 1, 2019

Attention, New Jersey business tax filers: The NJ Division of Taxation has issued guidance on how the U.S. tax code’s business interest expense limitation should be applied to NJ corporation business tax returns. Read full...

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Posts by cgadmin

New Legislation Establishes a State Retirement Savings Program

If You Call the IRS, Be Prepared to Identify Yourself

Lean Manufacturers: Reap the Benefits of Lean Accounting

A Break for Out-of-State Businesses in a Disaster

Draft Forms for QBI Deduction Section 199A

Nonprofit Board Retreats: The Pause That Refreshes

Combined Group Managerial Members

Verify Donations to Tax-Exempt Organizations

Put a QOE Report to Work for You

Attention: Business Interest Expense Limitation