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Small-Business-Tax-Deadlines
Save Money with California’s “SALT” Workaround 600 600 Bernstein Financial Services

Save Money with California’s “SALT” Workaround

California, as well as several other states, have instituted a law that allows business owners to take advantage of State tax deductions that you wouldn’t be able otherwise. If you own an entity, S-Corp, or Partnership, you can pay your personal state tax at the entity level, deduct it on your federal entity return, thus lowering…

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living trust
Tax Considerations for Living Trusts 600 600 Bernstein Financial Services

Tax Considerations for Living Trusts

What Is A Living Trust? A lot of people wonder why they might need a living trust? How does it save me on taxes? I don’t have a lot of assets, what does that mean? I do have a lot of assets, what does that mean? There are several parts to a living trust, sometimes referred…

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Smart-Vault
Introducing SmartVault Portal 1110 870 Bernstein Financial Services

Introducing SmartVault Portal

It’s now easier than ever to send Bernstein Financial Services your financial documents. Simply upload the files to SmartVault. Our clients were notified to upload their tax information to our SmartVault portal. We are notified each time you upload documents, but we do not know when you have uploaded ALL of your documents. In order to…

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Cryptocurrency Reporting
Crypto Currency Reporting for 2021 tax season! 1116 872 Bernstein Financial Services

Crypto Currency Reporting for 2021 tax season!

There is a lot of confusion out there about what needs to be reported on your 2021 tax return if you have purchased or sold Cryptocurrency.  Cryptocurrency is looked at by the IRS like a stock. There are two levels of reporting: If you purchased or sold Cryptocurrency during 2021, check the box YES on our…

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Bill Pay Checklist
Printable Bill Pay Checklist 1112 872 Bernstein Financial Services

Printable Bill Pay Checklist

Download our Bill Pay Checklist to keep track of your bills. Even if you keep your bills on auto-pay, it’s still a good idea to confirm and track your payments. Download

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Prop 19
Strategies to Lower Your Property Tax Bill 884 872 Bernstein Financial Services

Strategies to Lower Your Property Tax Bill

Property taxes are an unspoken burden of homeownership. Even after you pay off your mortgage, the tax bills keep coming and they tend to rise steadily over time. Here are strategies to lower your property tax bill and possibly save thousands of dollars over the decades to come.  Research property tax exemptions Some states and…

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deducting marketing expenses
Deducting Small Business Marketing Expenses 1080 1080 Bernstein Financial Services

Deducting Small Business Marketing Expenses

So much of marketing today seems to happen virtually, such as on your website, social media and teleconferencing calls. We can help you determine how to deduct marketing expenses.Payments for leased or licensed software (e.g., Adobe Suite subscriptions) are deductible as ordinary and necessary business expenses. Are you paying a third party for software to…

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Depreciation
Section 179: What Business Owners Need To Know About Depreciation 1080 1080 Bernstein Financial Services

Section 179: What Business Owners Need To Know About Depreciation

Depreciation is when a physical asset (such as furniture and equipment) loses its value due to normal use over time. Traditionally, businesses write off the cost of an asset over its total useful life, matching the expense with the use of the asset. Calculations are unique for every individual company and should be based on careful consideration of…

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Advanced Business Tax Strategies
Webinar: Advanced Business Tax Strategies 1920 1080 Bernstein Financial Services

Webinar: Advanced Business Tax Strategies

Gain insights to help your business save money and increase profit. Topics include tax deductions, entity choice considerations, and more.

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Prop 19
The Pros & Cons of Prop 19 in California 884 872 Bernstein Financial Services

The Pros & Cons of Prop 19 in California

On November 3, 2020, California voters approved Proposition 19. Here are the highlights you should know.

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