cmscpa.com RSS Feed https://cmscpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Wed, 16 Jun 2021 00:00:00 -0500 Wed, 16 Jun 2021 00:00:00 -0500 Ways to Minimize Your Business Taxes https://cmscpa.com/newsletter.php#feed_1180

For your business to be successful it's important to keep up-to-date on all the different ways to minimize your taxes. Check out these tips~

The post Ways to Minimize Your Business Taxes first appeared on www.financialhotspot.com.
Wed, 16 Jun 2021 00:00:00 -0500 https://cmscpa.com/newsletter.php#feed_1180
Frequently Asked Questions About Credit Cards https://cmscpa.com/newsletter.php#feed_1171

If you are considering signing up for a new credit card you probably have questions. Here are the top FAQs to help you decide. Read more!

The post Frequently Asked Questions About Credit Cards first appeared on www.financialhotspot.com.
Wed, 09 Jun 2021 00:00:00 -0500 https://cmscpa.com/newsletter.php#feed_1171
Financial Statements Your Business Needs https://cmscpa.com/newsletter.php#feed_1165

With the right financial statements you can identify trends and position your business for success. Read more!

The post Financial Statements Your Business Needs first appeared on www.financialhotspot.com.
Wed, 02 Jun 2021 00:00:00 -0500 https://cmscpa.com/newsletter.php#feed_1165
What are Estimated Tax Payments? https://www.cmscpa.com/newsletter.php#5 Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#5 Tips to Help You Figure Out if Your Gift is Taxable https://www.cmscpa.com/newsletter.php#3 If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#3 Tax Considerations When Selling Your Small Business https://www.cmscpa.com/newsletter.php#1 If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#1 Expat Compliance With US Tax Filing Obligations https://www.cmscpa.com/newsletter.php#4 If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#4 Changing Jobs? Don't Forget About Your 401(k) https://www.cmscpa.com/newsletter.php#2 One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#2 Does Your Business Need a Part-Time CFO? https://cmscpa.com/newsletter.php#feed_1159

Partnering with an outsourced CFO ensures you receive assistance with the services you need when you need them.

The post Does Your Business Need a Part-Time CFO? first appeared on www.financialhotspot.com.
Wed, 26 May 2021 00:00:00 -0500 https://cmscpa.com/newsletter.php#feed_1159
Tax Withholding for Seasonal and Part-Time Employees https://www.cmscpa.com/newsletter.php#2 Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#2 Tax Return Tips for Last-Minute Filers https://www.cmscpa.com/newsletter.php#1 If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#1 Saving for Education: Understanding 529 Plans https://www.cmscpa.com/newsletter.php#3 Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#3 Deducting Business-Related Car Expenses https://www.cmscpa.com/newsletter.php#5 If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#5 Avoiding Tax Surprises When Retiring Overseas https://www.cmscpa.com/newsletter.php#4 Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 https://www.cmscpa.com/newsletter.php#4