Due to the extreme devastation caused by Hurricane Harvey, CST Group has extended its charitable donations outside the local area. The Houston Food Bank is an organization helping to rebuild lives by providing food and supplies to struggling residents in the southeast Texas area.
When an individual receives equity in a company as compensation they must pay taxes on it. The tax liability is calculated at an income tax rate based on the fair market value of the equity at the time it was given to the individual.
There are several different types of IRA-based retirement plans available to individuals and to employers. Each has different qualifications, contribution limits, tax-filing requirements, and distributions. This article will define each and illustrate their benefits.
We would like to congratulate our managing partner, Joe Romagnoli, for being named a Top Financial Professional in the category of Tax Accountants by practicing financial professionals in the region. This is the third consecutive year Joe has been recognized.
Today, there are more units of QuickBooks Desktop used by small businesses than QuickBooks Online. However, did you know that 80 percent of new QuickBooks users are choosing QuickBooks Online vs. QuickBooks Desktop? Perhaps it is time for you to make the change.
Health insurance is a hot social issue in America today, but one thing many Americans aren’t talking about are tax-free options to pay for their medical expenses: health savings accounts (HSAs) and flexible spending arrangement (FSAs).
August is back-to-school month for many students in Virginia. The youngest children will head to their first day of preschool and recent high school graduates will head off to college. Fortunately, there are tax deductions and credits that can be taken for the expenses of both kids and new adults.
During the month of July, CST Group supported the Stroke Comeback Center. Its mission is to provide ongoing and personally meaningful programs within a supportive and peer-driven environment that is affordable for all stroke and brain trauma survivors, enabling them to achieve their maximum potential.
We are very happy to announce the promotion of two CST Group team members who have demonstrated quality in their work and ability beyond their position. Brooke Bostwick has been promoted to Manager and Andrew Lampropoulos to Senior Associate.
April 18th has passed and you’re excited to take a vacation with the hefty tax refund you received…but then you receive another 1099 in the mail that you didn’t include on your tax return. What do you do? Here are some questions you may ask yourself, along with some advice regarding the answer.
CST Group hosted the Tysons Regional Chamber of Commerce After Work Mixer on June 15 at its offices in Reston for the third year in row. It was a fun evening of networking and conversation on our rooftop deck!
When you go on a business trip or take a client out to lunch, you can generally count on your employer to pick up the tab. Depending on your profession and employer, however, there may be times when you’re forced to pay a business expense out of pocket. Even if the company isn’t paying you back, you shouldn’t throw away the receipts – you may be able to deduct those expenses on your individual tax return.