Tax | Cg Tax, Audit & Advisory

29 Oct

Deadline for New Jersey Property Tax Relief Programs Approaching

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October 29, 2025

For the first time, New Jersey residents meeting certain eligibility requirements have the opportunity to apply for three property tax relief programs via one application, the PAS-1: Senior Freeze - Property tax reimbursement for homeowners...

28 Oct

Federal Tax, Tax

IRS Sets Higher 2026 Limits for FSAs and HSAs

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October 17, 2025

Employers and employees, take note: The IRS has released 2026 inflation-adjusted limits for employee health benefits. Workers who defer earnings to health Flexible Spending Accounts (FSAs) can contribute as much as $3,400 in 2026...

27 Oct

Federal Tax, Tax

Maximize Year-End Tax Savings with the 2025–2026 Gift Tax Exclusion

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October 14, 2025

As the year winds down, you may be hoping to combine smart estate tax planning with tax savings using the annual gift tax exclusion. For 2025 and 2026, this exclusion is $19,000, which you...

24 Oct

Federal Tax, Tax

2026 Annual Inflation-Adjusted Income Tax Brackets

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October 16, 2025

The IRS has announced its annual inflation-adjusted income tax brackets and other amounts. For 2026, the highest rate (37%) will apply to taxable income over $640,600 for individuals ($768,700 for married filing jointly and...

23 Oct

Federal Tax, Tax

IRS Cracks Down on Unpaid Payroll Taxes with Penalties

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October 13, 2025

Employers who’re responsible for collecting payroll tax and remitting it to the IRS can face a penalty equal to 100% of the unpaid amount if they willfully fail to do so. The Trust Fund...

23 Oct

Federal Tax, Tax

U.S. Tax Court Pauses Trials During Shutdown

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October 22, 2025

When the federal government shutdown began on Oct. 1, 2025, the U.S. Tax Court announced it would remain open, at least for a limited time. But that time has come to an end. Starting...

22 Oct

Federal Tax, Tax

Adopting in 2025 or 2026? Expanded Federal Tax Credit Can Help Offset Costs

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October 17, 2025

If you want to expand your family by adopting a child, you’ll be pleased to know that a federal tax credit is available to help adoptive parents offset some of the costs. In 2025,...

21 Oct

Federal Tax, Tax

New Information Return and Payroll Tax Reporting Rules Require Attention

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October 15, 2025

The One Big Beautiful Bill Act (OBBBA) introduced or updated numerous business-related tax provisions. The changes that are likely to have a major impact on employers and payroll management companies include new information return...

20 Oct

A&A, Business, Fraud, Tax

When and Why Would You Need Forensic Accounting?

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November 25, 2025

In business, every decision matters — and so does every dollar. But when financial records don’t quite add up, or a deal feels riskier than it should, the stakes are too high to ignore. Forensic...

17 Oct

Federal Tax, Tax

Holiday Gifts and Taxes: What Employers Need to Know

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October 10, 2025

The holidays are a time for gratitude, and when they arrive, many employers are planning to show appreciation by giving gifts to their staff. Different types of gifts can have different tax consequences. So...

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