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 subscribe to our newsletter for periodic email updates.

Cybersecurity advice: Protect your connected devices, accounts

Cybersecurity advice: Protect your connected devices, accounts

Consumer Advice from the Federal Trade Commission —  For so many of us, cell phones and computers are embedded in our personal and professional lives. We talk and text, we browse the web, we watch, and we create. Our devices store a lot of personal information, so...

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Federal Income Tax Returns Due April 18 for Most

Federal Income Tax Returns Due April 18 for Most

From Pinnacle Wealth Planning Services —  Federal income tax returns are due for most individuals on Monday, April 18, 2022 (Tuesday, April 19, 2022, if you live in Maine or Massachusetts). Need more time? If you're not able to file your federal income tax return by...

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What Do Rising Interest Rates Mean for Your Money?

What Do Rising Interest Rates Mean for Your Money?

From Pinnacle Wealth Planning Services —  On March 16, 2022, the Federal Open Market Committee (FOMC) of the Federal Reserve raised the benchmark federal funds rate by 0.25% to a target range of 0.25% to 0.50%. This is the beginning of a series of increases that the...

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‘Featured Articles & Tax Tips’ newsletter released

‘Featured Articles & Tax Tips’ newsletter released

A little earlier today, we released an e-newsletter with several of our recent ’Featured Articles & Tax Tips.’ With Tax Day just over a month away, and 2021 tax returns due April 18, 2022, we wanted to send these valuable tax tips to our clients and referral...

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There’s Still Time for an IRA Contribution for 2021

There’s Still Time for an IRA Contribution for 2021

— From Pinnacle Wealth Planning Services, Inc. —  Even though tax filing season is well under way, there's still time to make a regular IRA contribution for 2021. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2021...

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IRS adds verify options to online account registration

IRS adds verify options to online account registration

Process strengthened to ensure privacy and security — From IRS.gov —  The IRS announced Feb. 21 that a new option in the agency’s authentication system is now available for taxpayers to sign up for IRS online accounts without the use of any biometric data, including...

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Help Wanted: Why Can’t Businesses Find Enough Workers?

Help Wanted: Why Can’t Businesses Find Enough Workers?

From Pinnacle Wealth Planning Services —  The headline U.S. unemployment rate fell from 6.7% at the end of December 2020 to 3.9% in December 2021, marking the biggest one-year improvement in history. (1) While many workers took advantage of this strong rebound in the...

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Beware of QuickBooks Payment Scams

Beware of QuickBooks Payment Scams

From KnowB4.com —  By ROGER GRIMES Many small and mid-sized companies use Intuit’s very popular QuickBooks program. They usually start out using its easy-to-use base accounting program and then the QuickBooks program aggressively pushes other complimentary features,...

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IRS still faces 2021 backlog as new tax season begins

IRS still faces 2021 backlog as new tax season begins

From NPR.org —  By BRIAN NAYLOR Monday, Jan. 24 marked the beginning of the 2022 tax filing season, when the IRS began accepting accept 2021 income tax returns from individuals and businesses. Most people have until April 18 to submit them this year. But as it starts...

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Get ready for taxes: Bookmark IRS.gov resources, online tools

Get ready for taxes: Bookmark IRS.gov resources, online tools

From IRS.gov —    WASHINGTON — The Internal Revenue Service is encouraging taxpayers to use IRS online tools and resources to find the information they need to be ready to file their 2021 federal tax returns, including important special steps related to Economic...

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