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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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deductions to charity
Deducting Contributions to Charity 1080 1080 Bernstein Financial Services

Deducting Contributions to Charity

Those of you that are retired, taking minimum distributions and you also give to charity but you don’t itemize, you’re not getting that charity deduction.

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gift taxes
What You Need To Know About Gift Taxes 1080 1080 Bernstein Financial Services

What You Need To Know About Gift Taxes

Iif you give less than $15,000 in 1 year, you don’t have to fill out any paperwork. If you give more than $15,000 in 1 year, you’re supposed to fill out a form called 709 Gift Tax Return and there’s no tax to pay if you’re under the exclusion.

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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 living trust is also referred to as a revocable living trust. The reason that they’re called that is because while you’re alive and feeling well, not incapacitated, you can revoke them and change them. A lot of people wonder why they might need a living trust? How does it save…

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