Note that $t$ does not appear in formula (E). The useful definition of $\binom{n}k$ here is
$$\binom{n}k=\frac{n^{\underline k}}{k!}\;,$$
where $x^{\underline k}=\prod_{i=0}^{k-1}(x-i)$. Thus,
$$\begin{align*}
\sum_{j=0}^3(-1)^j\binom3j\binom{8-4j-1}2&=\binom30\binom72-\binom31\binom32+\binom32\binom{-1}2-\binom33\binom{-5}2\\
&=1\cdot21-3\cdot3+3\cdot\frac{(-1)(-2)}2-1\cdot\frac{(-5)(-6)}2\\
&=21-9+3-15\\
&=0\;.
\end{align*}$$
Added: However, I did that strictly on the basis of the formula. Now that I’ve taken a look at what it’s supposed to be counting, something for which I’ve previously worked out the formula, I realize that Abramson must be using a non-standard definition of $\binom{n}k$, taking it to be $0$ unless $0\le k\le n$. With that convention the last two terms in the summation above become $0$, and the whole expression then evaluates to $12$. This is correct: the compositions are the $6$ permutations of $1+3+4$, the $3$ permutations of $2+2+4$, and the $3$ permutations of $2+3+3$.
And on further investigation, I see that Abramson actually does specify his convention at the very end of the Introduction.