Tax | Cg - Part 4

04 Mar

Could the Alternative Minimum Tax Catch You? Key AMT Triggers and Planning Tips

Posted by cgadmin
February 25, 2026

Are you subject to the alternative minimum tax (AMT)? In general, this tax applies if your “tentative minimum tax” exceeds your regular income tax liability. Significant long-term capital gains and dividend income or recently...

26 Feb

CG News, Tax

Hiring Remote Employees: Tax & Compliance Considerations

Posted by Us3eNumb3rZERO
February 17, 2026

Remote work has shifted from a temporary solution to a long-term strategy for many businesses. While hiring remote employees can expand talent pools and improve flexibility, it also introduces new tax and compliance responsibilities...

26 Feb

Federal Tax, Tax

IRS 2026 Tax Tips for Seniors: $6,000 Deduction & Benefits

Posted by cgadmin
February 20, 2026

The IRS is providing seniors with information and resources regarding the 2026 tax filing season. For eligible taxpayers age 65 or older, the One Big Beautiful Bill Act created a temporary deduction of up...

24 Feb

Federal Tax, Tax

IRS Warns: Bad Social Media Tax Advice Can Cost You

Posted by cgadmin
February 20, 2026

Scrolling for tax tips? Be careful. The IRS warns that bad advice on social media can mislead taxpayers about refunds and tax credits. Some influencers may falsely claim that the IRS is hiding “secret”...

20 Feb

Federal Tax, Tax

Last Chance to Cut Your 2025 Taxes: IRA Deadline Approaching

Posted by cgadmin
February 16, 2026

It may be 2026, but it’s still possible to lower your 2025 tax bill! If you qualify, you can make a contribution to a traditional IRA up until April 15, 2026, and deduct the...

19 Feb

Federal Tax, Tax

Incorrect Direct Deposit Info Could Freeze Your IRS Refund

Posted by cgadmin
February 13, 2026

To help phase out paper checks and issue more refunds via direct deposit, the IRS is encouraging taxpayers to provide banking information on their 2025 tax returns. But what happens to refunds if the...

11 Feb

Federal Tax, Tax

What to Do If Your W-2 or 1099 Is Missing or Incorrect

Posted by cgadmin
February 13, 2026

Missing a W-2 or 1099 this tax season? If your Form W-2 or Forms 1099 aren’t available by the Feb. 2, 2026, deadline for most of these forms, or if the information is incorrect,...

09 Feb

Federal Tax, Tax

Before You Pay Federal Taxes by Card: Fees, Limits, and Restrictions

Posted by cgadmin
February 4, 2026

If you owe federal tax, you can generally pay the debt using a credit or debit card or through certain third-party apps. However, there are restrictions. The number of payments you can make when...

06 Feb

Federal Tax, Tax

Earned Income Tax Credit (EITC): Eligibility, Benefits, and How to Claim It

Posted by cgadmin
February 2, 2026

Are you eligible for the Earned Income Tax Credit (EITC)? Each year, roughly 1 in 5 eligible taxpayers don’t claim this credit. To raise awareness, the IRS has launched the annual EITC Awareness campaign....

03 Feb

Federal Tax, Tax

New Overtime Pay Deduction Available for 2025–2028

Posted by cgadmin
January 29, 2026

As you’ve probably heard by now, the One Big Beautiful Bill Act introduced a deduction for qualified overtime compensation for 2025 through 2028. The deduction can be as much as $12,500 ($25,000 for married...

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