The Greenberg Group

If you qualify to take the home office deduction and you have multiple businesses, this is for you. As you know, if you're self-employed...

You may have already heard that a new bill was proposed called the Bipartisan Tax Bill. This is a big deal if the bill is passed. Below...

If you pay quarterly personal estimated income tax payments, the next payment is due Monday January 15th.  Best to pay online at IRS and...

I've been getting questions on the home office deduction and how it works. So here 's what you need to know. If you are self employed or...

If you get reimbursed by your employer for business use of your personal auto, this one's for you... Effective Jan 1, the standard...

If you run a business and paid independent contractors (IC), please read on... Any IC paid $600 or more during 2023 needs a 1099 filed. ...

As of now, 2023 is the last year you can take up to 80% bonus depreciation. Next year the max eligible bonus depreciation deduction will...

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...

I'm getting questions about gifts and donations.  Here's some tips to keep in mind TAX FREE GIFT GIVING LIMIT...............You can give...

If you're doing year end planning and  are taking another look at your gains and losses from stock sales this year,  this one's for you....

Hi.  If you have a Traditional IRA/401k and are 73 or older, please read on......... Once you reach age 73, you are required to withdraw...

Many of you are making year end donations to your favorite charity. Consider donating stock that has appreciated. If you've owned the...

If you operate your business as an S Corporation (or an LLC electing to be taxed as an S Corporation),  please read on. Health Insurance...

If you are self-employed and contribute to a SEP-IRA retirement account , please read on. $66k  is the annual SEP-IRA contribution limit...

If you own a restaurant or bar, please read on. The annual tip reporting form will be due to IRS next February.  I prepare that form for...

I get asked a lot: Should I set up a trust? Many of you have already done that, so let me give you a birds eye view of how a trust...

If you regularly donate $2500 or more each year to charities, please read on......... Donor Advised Funds (DAF) may be helpful to you. ...

If your business has been getting pounded by companies wanting to do another ERC analysis for you, you're not alone. Effective ...

If you just started a side business or your business has not turned a profit in the last 3 years, this is for you... Beware of the hobby...

Hi everyone. If you have an AIR bnb rental, this one's for you. Here's part two. Air bnb's and other short term rentals can qualify as...