RRF "Tax Credit"
If you run a restaurant or bar, this one's for you....... The US Senate and House have each apparantly introduced bills to provide a...
top of page
The Greenberg Group Blog
Everything you need to know.
Search
Harrison Greenberg
- Jan 16
- 1 min
Standard Mileage Rates For 2023
If you get reimbursed from your employer for business use of your car, this one's for you........ Effective 1/1/23, the standard...
3 views0 comments
Harrison Greenberg
- Jan 13
- 1 min
One Time Payroll Tax Charge Coming Soon
If you have a business in California with employees, please read on........ Your payroll service will (most likely) be charging your...
4 views0 comments
Harrison Greenberg
- Dec 26, 2022
- 1 min
Control Your Taxable Net Income: Control Year End Business Income & Expenses
If you are self employed, or run your business on cash (not accrual) accounting, please read on..... Cash Accounting means that income...
8 views0 comments
Harrison Greenberg
- Dec 23, 2022
- 1 min
Donating Stocks To Charities
Many of you are making year end donations to your favorite charity. Consider donating stock that has appreciated. If you've owned the...
3 views0 comments
Harrison Greenberg
- Dec 20, 2022
- 1 min
Convert Your Traditional IRA/401K To A Roth IRA
If you have a traditional IRA/401k, please read on... If your income will be much lower than usual this year, consider converting all...
4 views0 comments
Harrison Greenberg
- Dec 19, 2022
- 1 min
Back Door Roth IRA
I've been getting questions about retirement account contributions for the 2022 tax year. One of the main accounts that I'm getting...
6 views0 comments
Harrison Greenberg
- Dec 16, 2022
- 1 min
IRS Tax Credits For EV Car Chargers
If you have an EV car and are buying a charger, please read on............ If you're installing an EV charger in your home, you get an...
4 views0 comments
Harrison Greenberg
- Dec 14, 2022
- 1 min
1099 Processing For Independent Contractors
f you run a business and paid independent contractors (IC), please read on........... Any IC paid $600 or more during 2022 needs a 1099...
4 views0 comments
Harrison Greenberg
- Dec 9, 2022
- 1 min
SEP-IRA Contributions
If you're self-employed, this is for you. If you don't already have a SEP-IRA, you may want to consider opening one. A SEP-IRA is a...
7 views0 comments
Glenn Greenberg
- Dec 9, 2022
- 1 min
RESTAURANT RECOVERY FUND (RRF) REPORTING
If your restaurant or bar received an RRF funding in 2021, please read on..... SBA requires annual reporting on the use of the funds...
5 views0 comments
Glenn Greenberg
- Dec 8, 2022
- 2 min
Year End Personal Gift Giving & Charitable Donations
I'm getting questions about gifts and donations. Here's some tips to keep in mind TAX FREE GIFT GIVING LIMIT...............You can give...
5 views0 comments
Harrison Greenberg
- Dec 4, 2022
- 1 min
YEAR END TAX MOVE - Wash Sale Rules Don't Apply To Crypto
If you hold positions in crypto, this is for you. Wash sale rules don't apply to crypto! What does this mean for you? Well, first, what's...
2 views0 comments
Glenn Greenberg
- Dec 2, 2022
- 1 min
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...
0 views0 comments
Glenn Greenberg
- Dec 1, 2022
- 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...
6 views0 comments
Glenn Greenberg
- Nov 21, 2022
- 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...
6 views0 comments
Glenn Greenberg
- Nov 18, 2022
- 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...
7 views0 comments
Harrison Greenberg
- Nov 15, 2022
- 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 ...
19 views0 comments
Harrison Greenberg
- Nov 9, 2022
- 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 ...
13 views0 comments
Harrison Greenberg
- Oct 19, 2022
- 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...
8 views0 comments
bottom of page