Tax | Cg Tax, Audit & Advisory

22 Aug

Potential Property Tax Break For Veterans

Posted by cgadmin
Leave a comment
August 21, 2019

A proposed change in New Jersey law, if approved by voters, would extend a property tax break to veterans. The proposed constitutional amendment would extend, to residential units in continuing care retirement communities, the...

19 Aug

Federal Tax, Tax

Who Can Deduct Car Expenses on a Tax Return?

Posted by cgadmin
Leave a comment
August 19, 2019

Business owners and self-employed persons who use their cars for business may be able to deduct car expenses, the IRS reminds us. But if a car is used both for business and personal purposes,...

15 Aug

State & Local Tax, Tax

Important Info For Out-of-State Employers

Posted by cgadmin
Leave a comment
August 15, 2019

Attention out-of-state employers with New Jersey employees: You have the same filing requirements as in-state businesses regarding NJ’s health insurance mandate. You must file Form 1095 for each NJ resident you employ. Insurers, government...

13 Aug

Federal Tax, Tax

Additional Summer Tax Tips From the IRS

Posted by cgadmin
Leave a comment
August 13, 2019

“Summer is a season when people have fun, yet get things done,” the IRS said in a recent “Tax Tip.” Now that the standard deduction is so high, fewer taxpayers itemize deductions. But if...

08 Aug

State & Local Tax, Tax

Fees Increase For Annual Business Report Filings in New Jersey

Posted by cgadmin
Leave a comment
August 8, 2019

Fees increase for annual business report filings in New Jersey. The NJ State Treasurer reports that the filing fee for for-profit business entities increases from $50 to $75 for all annual reports due on...

06 Aug

Federal Tax, Tax

Ways to Lower Your AGI

Posted by cgadmin
Leave a comment
August 6, 2019

Managing the amount of tax you’ll owe for this year may require thinking about tax issues now, long before it’s time to file. One aspect that affects your tax bill is your adjusted gross...

30 Jul

Federal Tax, Tax

Think About Your Tax Filing Status Now

Posted by cgadmin
Leave a comment
July 30, 2019

Taxpayers generally don’t think about their tax filing status until it’s time to file. But you should be aware of it through the year, especially if there’s a change. Your filing status determines your...

26 Jul

Federal Tax, Tax

Increases to NJ Annual Report Filing Fees

Posted by cgadmin
Leave a comment
July 26, 2019

The New Jersey State Treasurer reports that as a result of L. 2019, A5607, there are increases to annual report filing fees. Read full article here.

25 Jul

Federal Tax, Tax

How Divorce/Separation May Affect 2019 Tax Returns

Posted by cgadmin
Leave a comment
July 25, 2019

Divorcing or separating taxpayers need to be aware of how the breakup of a marriage may affect their 2019 tax returns. The tax treatment of alimony and separation payments changed for divorce and separation...

23 Jul

Federal Tax, Tax

Summertime Tax Tips From the IRS

Posted by cgadmin
Leave a comment
July 23, 2019

The IRS offers some “summertime tax tips” for a sunnier tax season. For example, newlyweds should report any name changes to the Social Security Administration before filing tax returns next year. Report address changes...

Shopping cart