CLG Professional Services is a professional tax, accounting, and financial services firm with offices in Dallas and Allen Texas. Their clients span the income spectrum and are predominately individuals & small business owners who each possess their own set of unique tax and financial needs.
In banking terminology it means 'Clearing'
Clearing Chq.
In accounting, "CLG" typically stands for "clearing." It refers to the process of reconciling or settling transactions, such as clearing accounts where temporary balances are adjusted to reflect accurate financial positions. Clearing accounts help ensure that all financial transactions are accounted for and accurately reported in the financial statements.
"CTS CLG" in a bank statement refers to "Cheque Truncation System Clearing." It indicates that a cheque has been processed through the CTS, which is a method used to electronically clear cheques rather than physically moving them. This system enhances the efficiency and speed of cheque clearing, allowing funds to be transferred more quickly between banks. If you see this notation, it typically means that a cheque you issued has been successfully cleared.
Yes, you typically need to send a 1099 form to a Professional Corporation (PC) if you paid the corporation $600 or more for services during the tax year. However, payments made to corporations for services are generally exempt from 1099 reporting, except in specific cases, such as legal services. It's essential to consult IRS guidelines or a tax professional to ensure compliance with reporting requirements.
Claregalway CLG was created in 1968.
Cuala CLG was created in 1974.
Danesfort CLG was created in 1922.
Clann Mhuíre CLG was created in 1957.
CLG Eoghan Rua was created in 1957.
Craobh Chiaráin CLG was created in 1962.
CLG Droim Caorthainn was created in 1933.
Na Magha CLG was created in 1982.
Naomh Ólaf CLG was created in 1981.
Randal Óg CLG was created in 1953.
Doire Colmcille CLG was created in 1968.
CLG Ógra Colmcille was created in 1974.