Blog
Limits on the Installment Method of Accounting For Gain
When a seller is paid over several years, she may be eligible to report some of the gain pro rata with each…
Incentive under the CARES Act to Invest in Capital-Intensive Businesses In 2020
By Andrew Gradman Published at www.gradmantax.com on August 17, 2020. This article is intended for general information only and does not constitute…
IRS Filing Deadlines & Penalties
IT’S TIME TO FILE YOUR TAX RETURNS! On June 29, 2020, the Internal Revenue Service announced that the tax filing deadline of…
California City & County Sales & Use Tax Rates (effective July 1, 2020)
Please note that Sales and Use Tax rates changed in California Cities and Counties are effective July 1 2020. Be sure to…
November 2020 Ballot Measure Would Limit Proposition 13
By Andrew Gradman, Esq. An earlier version of this article was published by California Continuing Education of the Bar (CEB.com) on June…
The Mechanics of the Cannabis Cultivation Tax in California
By Andrew Gradman Esq and AB FinWright Partners Abraham Finberg & Rachel Wright In addition to the sales and use tax, California…
Accounting Methods in an Emerging Cannabis Loophole – Part 4
For cannabis businesses, federal income taxes can be ruinous—even in loss years. Unlike other industries, which pay income taxes only on actual…
Accounting Methods in an Emerging Cannabis Loophole – Part 3
For cannabis businesses, federal income taxes can be ruinous—even in loss years. Unlike other industries, which pay income taxes only on…
