by Abraham Finberg | Jan 27, 2021 | Tax
If you are paid a salary and receive a W-2 from your employer, part of your paycheck goes to Uncle Sam as federal withholding. These are payments toward your taxes. If you earn additional income beyond your salaried income, if you are under-withheld, or if you have...
by Abraham Finberg | Jan 26, 2021 | Blog, Cannabis Business, Tax
Federal Tax Procedure- Audit, Dispute, Resolution“Preparation time is never wasted time.” Anonymous _______________________________________________________________________________________________________________________This Introduction precedes a 3-Part Series on...
by Abraham Finberg | Jan 14, 2021 | Tax
If you have a business with independent contractors, it is important to be aware of a recent reporting change that the IRS has implemented. Starting with the 2020 tax year, businesses must report nonemployee compensation (NEC) on Form 1099-NEC instead of Form...
by Abraham Finberg | Dec 31, 2020 | Tax
ABLE (Achieving a Better Life Experience) accounts are for eligible individuals with a disability – they are tax-favored savings accounts to which contributions can be made to help pay for qualified disability expenses. The IRS recently released final regulations...
by Abraham Finberg | Dec 29, 2020 | Blog, News
Want to learn more about California Proposition 19? Andrew Gradman, Esquire of Gradman Tax, has created this video to provide an introduction and technical explanation of the proposition and help you gain a better understanding of the material.
