Required Minimum Distributions (RMD): IRA & 401K
If you have a Traditional IRA/401k and are 72 or older, please read on......... Once you reach age 72, you are required to withdraw an...
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Glenn Greenberg
- 2 days ago
- 1 min
Capital Gains & Losses (Stock & Mutual Fund Sales)
Let me cover the rules about stock and mutual fund sales and year end strategies: CAPITAL GAINS............ Taxes are assessed just on...
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Glenn Greenberg
- Nov 21
- 1 min
401K Plan If You're Self Employed Or Run A Small Business
If you are self employed and contribute to a SEP-IRA retirement account , please read on....... $61k is the annual SEP-IRA contribution...
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Glenn Greenberg
- Nov 18
- 1 min
Health Insurance Premiums Paid By Your S Corporation
If you operate your business as an S Corporation (or an LLC electing to be taxed as an S Corporation), please read on...... Health...
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Harrison Greenberg
- Nov 15
- 1 min
Tax Free Rental Income With The 14 Day Rule & 28 Day Rule
If you like tax free income, this is for you..... 14 Day Rule The 14 day rule also known as the Augusta rule says that if you rent your ...
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Harrison Greenberg
- Nov 9
- 1 min
2022 Is The Last Year To Take 100% Bonus Depreciation
If you’re self employed or run a business this is for you, 2022 is the last year you can take 100% bonus depreciation. After 2022, it ...
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Harrison Greenberg
- Oct 19
- 1 min
2022 Retirement Account Contribution Limits & Tax Benefits
If you haven't maxed out your retirement accounts yet for 2022, there's still time. Here are the 2022 contribution limits and 2022...
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Harrison Greenberg
- Oct 18
- 1 min
Student Loan Debt Forgiveness
If you have a student loan , this one's for you.......... President Biden's new student loan debt forgiveness program is now active. ...
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Glenn Greenberg
- Oct 11
- 1 min
Moving Back Into Your Rental: Save Taxes On The Sale
Client recently asked a good question, worth passing along....... Married couple bought a rental 4 years ago. Has done well on it and...
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Glenn Greenberg
- Sep 22
- 2 min
IRS Tax Credits For Solar Panels & Home Improvements
If you're in the market for solar or home improvements, this one's for you.......... Congress passed the "Inflation Reduction Act" a few...
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Glenn Greenberg
- Sep 12
- 1 min
Required Training If Your Business Serves Alcohol
If you're a bar / restaurant in California and serve alcohol, this one's for you..... California passed a new law, requiring training...
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Harrison Greenberg
- Sep 6
- 1 min
IRS Tax Credits For Electric Cars
We've been getting questions about the new tax credits, that became effective on August 16. Let me lay out the new rules. NEW ...
12 views0 comments
Harrison Greenberg
- Aug 29
- 1 min
Student Loan Forgiveness
If you have student loans, this is for you.... Biden has announced that he will be forgiving up to $10,000 in student loan debt for most...
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Harrison Greenberg
- Aug 11
- 2 min
Sale Of Real Estate
If you're thinking about selling your primary residence or rental property, keep reading. I've been getting some questions about capital...
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Glenn Greenberg
- Aug 2
- 1 min
California Real Property Sales For Seniors
If you're 55 or older, own your home in California and are thinking of selling, please read on..................... Prop 19 passed in...
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Harrison Greenberg
- Jul 27
- 1 min
IRA Contributions
If you have a SEP, traditional, 401k, defined benefit plan or any other pre-tax retirement accounts, this is for you..... In case you...
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Harrison Greenberg
- Jul 14
- 1 min
Travel Expenses Are Tax Deductible
If you're self employed or run a business, this is for you... Lots of you are probably traveling for summer and if you're in AZ, getting...
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Glenn Greenberg
- Jul 6
- 1 min
California Resident Tax Rebate Has Been Approved
Tax Refunds are coming from California: Gov Newsom signed the bill. See below for details. California tells us that the first round of...
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Harrison Greenberg
- Jun 30
- 1 min
Inflation Price Relief From California
If you are a California resident, please read on...... Gov Newsom and the California State Assembly are proposing tax refunds to some...
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Glenn Greenberg
- Jun 21
- 1 min
SELLING STOCK AT A LOSS: "WASH SALE RULES DON'T APPLY TO CRYPTO
With stock markets all over the place, we're getting calls about tax impact of selling shares that no longer make sense for some clients...
9 views0 comments