Lifetime Gifting – Annual Exclusion
Gifting assets to someone during your lifetime can be an effective estate planning strategy. Lifetime gifting can provide your beneficiaries with immediate use of [...]
29
06, 2022
28
06, 2022
Learn how to use our Real Estate Valuation Tool
The Innovative CPA Group has built a library of FREE Excel tools and calculators for you to use, including a Real Estate Valuation Tool! These [...]
21
06, 2022
IRS Increases Standard Mileage Rate for Remainder of 2022
Effective July 1, 2022, the standard mileage rate for business use of an automobile will increase to 62.5 cents. This is an increase of [...]
15
06, 2022
Connecticut MyCTSavings Program
MyCTSavings is a state sponsored program that gives all eligible individuals working in Connecticut access to a retirement plan. Many companies currently are not [...]
8
06, 2022
How to Claim the Connecticut Child Tax Rebate
The Child Tax Rebate is a one-time rebate that is intended to assist Connecticut families with children. The rebate was created as part of [...]
23
03, 2022
Benefits of an LLC, Is it the Best Option for Your New Business?
A Limited Liability Company, often referred to as an “LLC”, is a type of business entity that limits the personal liability of each member [...]
17
03, 2022
Learn how to use our Multi-Property Cash Flow Tool
The Innovative CPA Group has built a library of FREE Excel tools and calculators for you to use, including a Multi-Property Cash Flow Tool! [...]
16
03, 2022
Cryptocurrency Taxes – Frequently Asked Questions
In 2014, the IRS issued Notice 2014-21, 2014-16 I.R.B. 938, explaining that virtual currency is treated as property for Federal income tax purposes. The [...]
9
03, 2022
Tennessee Contractors License: Financial Statements
If you’re a contractor in Tennessee you are likely aware that there are several steps to obtaining a Tennessee contractors license. Step one is [...]
1
03, 2022
Preventing Fraud Within Your Business
Have you ever turned on the news and seen the headline “XYZ Company involved in massive fraud scandal” and experienced instant gratification that it [...]