Will Your 401(k) Plan Need to be Audited This Year?
It can come as a surprise when the 401(k) plan record keeper informs you that an audit will be needed for your 401(k) plan. The most common question is whether your plan really needs an audit.
What Do the New Tax Law Changes Mean for You?
Congress has enacted the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay.
Employee vs Independent Contractor?
Do you know the difference between an employee and an independent contractor? For small business owners, this is a very common question they often find themselves asking. Often it is unclear whether the person completing the job is considered a company employee or an independent contractor. The answer will have important tax implications.
How to Protect your Company from Employee Theft
Is your company protected from employee theft? Employee theft is extremely costly for any company and according to research, the median amount stolen is approximately $175,000. Read these 5 options to reduce employee theft.
ServiceSource Foundation Selected by CST Group as October Jeans for Charity Recipient
CST Chose Service Source Foundation for their October Jeans for Charity. ServiceSource, headquartered in Alexandria, VA provides affordable housing to individuals with disabilities.
Houston Food Bank Selected by CST Group as September Jeans for Charity Recipient
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.
What is an 83(b) Election and When Should You Make It?
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.
CST Group Hosts Annual Open House
A big thank you to all of our clients and friends who made our 2017 Open House a huge success.
CST GROUP PARTNER NAMED TO THE BOARD OF THE GREATER RESTON CHAMBER OF COMMERCE
CST Group, a leading CPA firm serving Northern Virginia and the Washington, D.C. region, announced today that partner Kendall Coleman has been elected to the Board of Directors of the Greater Reston Chamber of Commerce.
Understanding IRA-Based Retirement Plans
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.
Girls on the Run Selected by CST Group as August Jeans for Charity Recipient
During the month of August, CST Group supported Girls on the Run through its charitable giving program, Jeans for Charity.
Virginia 2017 Tax Amnesty Program Offers Tax Debt Relief
The 2017 tax amnesty program for the state of Virginia offers eligible taxpayers tax debt relief from September 13 through November 14, 2017.
Joe Romagnoli Named Top Financial Professional by Northern Virginia Magazine
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.
Top 10 Advantages of Moving to QuickBooks Online
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.
CST Group Named one of the Top 300 Accounting Firms in USA
We are pleased to announce that CST Group has once again been named one of the Top 300 Accounting Firms in the United States by INSIDE Public Accounting (IPA)
Tax-Free Options to Pay for Medical Expenses
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).
Back-to-School in Virginia: Tax Deductions and Credits for Education
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.
The R&D Tax Credit: An Often-Overlooked Tax Benefit for Businesses
Recent changes in R&D tax credit regulations have increased the number of businesses that qualify for the R&D tax credit. Your company may be eligible if your business improves products or processes.
CST Group Selects Stroke Comeback Center as July Jeans for Charity Recipient
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.
How to Spot IRS Phonies
Tax season has come and gone, but that doesn’t mean you can stop worrying about scammers trying to cheat you out of your hard-earned money.
CST Group Promotes Two Team Members
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.