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Cotton Mather Accounting Group
Accounting / Bookkeeping / Tax Preparation

Cotton Mather Accounting Group provides business and personal accounting services for the Greater Pittsburgh area. Located conveniently on McKnight Road in Ross Township, we are professional accountants that specializes in accounting, bookkeeping, business & tax consultations, full service payroll preparation, Accounts Payable / Receivable processing, and personal / business tax preparation.

Please Enjoy Our Helpful Blog Posts on Many Subjects!

IRS issues 2019 to 2020 Per-Diem Travel Rates

IRS issues 2019 to 2020 Per-Diem Travel Rates

The IRS recently released new per-diem rates for business travelers who travel away from home (Notice 2019-55 ). The new rates are in effect from Oct. 1, 2019 to Sept. 30, 2020. The notice also...
Taxpayer Bill of Rights- Protections for All Taxpayers

Taxpayer Bill of Rights- Protections for All Taxpayers

Every taxpayer has rights that even the government/IRS cannot take away. These rights explain what taxpayers can expect in the event they need to work with the IRS on a personal tax matter. This...
What Are the Tax Implications of Lending to Family Members?

What Are the Tax Implications of Lending to Family Members?

There are many people who are happy to lend money to their family members, especially to children and grandchildren. But before signing the check or handing over the cash, review the tax rules....
How the IRS Decides Which Tax Returns to Audit

How the IRS Decides Which Tax Returns to Audit

Have you ever wondered what the audit flags are for the IRS? Our local accounting experts discuss common reasons you may come under scrutiny for a tax audit. Contact North Hills / Pittsburgh's...
New Proposed W-4 design for 2020

New Proposed W-4 design for 2020

A few weeks back, the Internal Revenue Service (IRS) issued a draft of the 2020 Form W-4, Employee's Withholding Allowance Certificate, that will make accurate withholding easier for employees...
Tips for Minimizing Taxes on Severance Pay

Tips for Minimizing Taxes on Severance Pay

Getting laid off is never good news, but if you get a severance package, it can be a saving grace while you look for a new job. Severance pay can allow you to do training while you job hunt, ...
Can You Use Your IRA to Buy a House?

Can You Use Your IRA to Buy a House?

Because IRAs are intended to help you save for retirement, the Internal Revenue Service (IRS) doesn’t want you to withdraw any funds from them before you turn 59½—and to enforce that, it charge...
What's the Difference Between a 401(k) vs. Roth IRA

What's the Difference Between a 401(k) vs. Roth IRA

Both 401(k) accounts and Roth IRAs are popular tax-advantaged retirement savings plans that differ in tax treatment, investment options, and possible employer contributions. It is possible to...
New Updates for Business Meal Deductions

New Updates for Business Meal Deductions

With great fanfare, the Tax Cuts and Jobs Act had eliminated deductions for business entertainment expenses, with much dismay from taxpayers. Prior to the TCJA, you could deduct 50% of the cost...
New IRS Tax Withholding Estimator for the Self-Employed

New IRS Tax Withholding Estimator for the Self-Employed

There is a new Tax Withholding Estimator tool on IRS.gov that includes a feature that makes it easier for employees who also receive self-employment income to accurately estimate the right amount...

 

 

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