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The Greenberg Group Blog
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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...

Harrison Greenberg
Dec 23, 20221 min read


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...

Harrison Greenberg
Dec 20, 20221 min read


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...

Harrison Greenberg
Dec 19, 20221 min read


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...

Harrison Greenberg
Dec 16, 20221 min read


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...

Harrison Greenberg
Dec 14, 20221 min read


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...

Harrison Greenberg
Dec 9, 20221 min read


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...

Glenn Greenberg
Dec 9, 20221 min read


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...

Glenn Greenberg
Dec 8, 20222 min read


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...

Harrison Greenberg
Dec 4, 20221 min read


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...

Glenn Greenberg
Dec 2, 20221 min read


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...

Glenn Greenberg
Dec 1, 20221 min read


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...

Glenn Greenberg
Nov 21, 20221 min read


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...

Glenn Greenberg
Nov 18, 20221 min read


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 ...

Harrison Greenberg
Nov 15, 20221 min read


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 ...

Harrison Greenberg
Nov 9, 20221 min read


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...

Harrison Greenberg
Oct 19, 20221 min read


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. ...

Harrison Greenberg
Oct 18, 20221 min read


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...

Glenn Greenberg
Oct 11, 20221 min read


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...

Glenn Greenberg
Sep 22, 20222 min read


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...

Glenn Greenberg
Sep 12, 20221 min read
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