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The Cannabis Cultivation Tax in California: Breaking It Down
Authors: Simon Menkes, Rachel Wright, and Abraham Finberg (Licensed CPA’s in California)___________________________________________________ When licensed California cannabis cultivators harvest their product, they will…
Refundable Payroll Tax Credits Still Available
When President Biden signed the American Rescue Plan Act of 2021 in the spring, two refundable payroll tax credits were extended and…
Updates to the Employee Retention Credit
In early August of this year, the IRS released additional guidance on the Employee Retention Credit. For 2021, the credit was expanded…
What the Heck Is a Wash Sale?
Investing has become much more accessible since Robinhood became a thing. But do you know what a wash sale is and how…
Bloomberg Tax Article Announcement: Hidden Tax Dangers in Cannabis Outsourcing Arrangements
Our latest Bloomberg Tax article on farm outsourcing arrangements in cannabis was published this morning: https://news.bloombergtax.com/daily-tax-report/hidden-tax-dangers-in-cannabis-outsourcing-arrangements Our goal at AB…
Short-Term Capital Gains vs. Long-Term Capital Gains – What’s the Difference?
Have you ever wondered why gains are separated between long-term and short-term when you receive your 1099 at tax time? There is…
Are Gains on Cryptocurrency Taxable?
The short answer to this question is: of course! As cryptocurrency has become a more popular investment vehicle among younger investors, this…
Avoiding California Taxation: Considerations for Individuals Currently Domiciled in the State
By Andrew Gradman, Esq. Trusted Advisor at AB FinWright LLP (www.abfinwright.com) and Founder at Gradman Tax (www.gradmantax.com)IntroductionThis article considers how individuals who…
Unexpected 280E Dangers in Farm Service Management Arrangements- Part II
By Rachel Wright, Simon Menkes, & Abraham Finberg- CPAs licensed in California of AB FinWright LLP & 420CPA, and Andrew Gradman, Esq…
