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 [...]
Gifting assets to someone during your lifetime can be an effective estate planning strategy. Lifetime gifting can provide your beneficiaries with immediate use of [...]
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 [...]
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 [...]
MyCTSavings is a state sponsored program that gives all eligible individuals working in Connecticut access to a retirement plan. Many companies currently are not [...]
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 [...]
A Limited Liability Company, often referred to as an “LLC”, is a type of business entity that limits the personal liability of each member [...]
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! [...]
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 [...]
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 [...]
Have you ever turned on the news and seen the headline “XYZ Company involved in massive fraud scandal” and experienced instant gratification that it [...]