Blog

Business Startup

CLG Professional Services
May 11, 2016
Comments (0)

Help with Business Startup? Need help setting up a new business entity? What states are the most favorable for businesses? Where should I incorporate? Should I dissolve my corporation? What type of business entity will best suit my current and future needs, while still minimizing my tax obligations? What fringe benefits can I take advantage of? We get these and many other questions frequently. Your CLG tax professional will take...

Share This :

Payroll Taxes

CLG Professional Services
May 11, 2016
Comments (0)

If you owe back payroll taxes and fail to either file and or pay your federal payroll taxes,  multiple penalties will incur on both the business and the officers of the company. The IRS requires that you withhold federal income tax, Social Security and Medicare taxes from your employees' wages. How much should be withheld depends on the employee's Form W-4. These payroll taxes must be paid on a quarterly basis: March, June,...

Share This :

Trump Tax Audit

CLG Professional Services
April 2, 2016
Comments (0)

According to tax pro today regarding the Trump tax audit, the tax attorneys representing Donald Trump have stated that 2002-2008 are now "closed out" and the years 2009 through most recent year are still under examination. We are not sure what this means as the standard rule for an audit is 3 years back unless there is something criminal, and that certainly isn't the case here for  Trump. He has well over 500 separate...

Share This :

Popular Posts

Share This

Share This