Featured Articles & Tips Blog

Welcome to the CPA Advisory Group’s Featured Articles Blog. Here we share tax and accounting news and tips for our clients on a regular basis. Please feel free to suggest ideas for topics you would like to see addressed, by dropping an email to info@cpaagi.com. Enjoy the articles and susbcribe to our newsletter for monthly updates.

Infrastructure legislation advances, but still has way to go

Infrastructure legislation advances, but still has way to go

From Pinnacle Wealth Planning Services —    Two large infrastructure bills have taken important steps to advance in Congress. Here's where they stand: On Aug. 10, 2021, the Senate passed a $1.2 trillion bipartisan infrastructure bill, to be named the Infrastructure...

read more
Why Businesses Should Start Tax Planning Today

Why Businesses Should Start Tax Planning Today

From Forbes.com — By Bassam Mustafa, EA, Forbes Business Council —   It’s August 2021, and you most likely submitted your 2020 tax return months ago. For most people, taxes are the last thing they want to think about once they’ve finally submitted their returns. The...

read more
Phishing scheme targets unemployment benefits and PII

Phishing scheme targets unemployment benefits and PII

By Seena Gressin Attorney, Division of Consumer & Business Education, FTC   Have you gotten an alarming text message about your unemployment insurance benefits from what seems to be your state workforce agency? You’re not alone. Identity thieves are targeting...

read more
Advance Child Tax Credit payments start tomorrow

Advance Child Tax Credit payments start tomorrow

From the Pinnacle CPA Advisory Group and IRS.gov — The American Rescue Plan of 2021 increased the maximum Child Tax Credit to $3,600 for children under the age of 6, and to $3,000 per child for children between ages 6 and 17. The Rescue Plan also put a plan in place...

read more
Student Loan Interest Rates Increase for 2021-22

Student Loan Interest Rates Increase for 2021-22

From Pinnacle Wealth Planning Services — After two years of decreases, interest rates on federal student loans are set to increase almost a full percentage point for the 2021-2022 school year. The interest rates on federal student loans are reset each year after the...

read more
Businesses hurt by COVID eligible for new state grant

Businesses hurt by COVID eligible for new state grant

From The Columbus Dispatch — By Mark Williams Ohio small and medium-sized business hurt by the coronavirus are eligible for grants up to $30,000 under new programs rolled by the state this week The programs will provide a total of $155 million to businesses than...

read more