As a part of the Middle Class Tax Refund (MCTR), California Franchise Tax Board has been issuing a one-time payment to provide relief to Californians, either as a direct deposit to taxpayer’s bank accounts or in the form of a debit card between October 2022 and January 2023. To find out if you qualify, visit…

Beware of consulting firms trying to solicit your business with misleading information about ERC Recently, business owners have been targeted with communications about the Employee Retention Credit (ERC), which is a stimulus program created in response to the COVID-19 pandemic and economic shutdown. The goal of ERC was to incentivize companies and small businesses with…

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…

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…

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…

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