Final Reminder: April 15, 2026 Tax Filing Deadline: The April 15, 2026 tax deadline is here. If you haven’t filed your 2025 individual tax return (Form 1040) or business filings, now is the time to act. 👉 According to TaxPlus guidance, you must either: File your tax return, or Submit an extension request by April […]
How to Start Your 2025 Tax Preparation + Major OBBBA Tax Planning Opportunities for California Taxpayers Tax season is moving quickly in Los Angeles and San Diego — and 2025 brings significant tax law updates under the One Big Beautiful Bill Act (OBBBA). If you’re wondering: How do I start my tax preparation process? […]
Tax season moves fast—especially for California taxpayers who juggle W-2 income, self-employment, real estate, and multiple entities. The IRS opened the 2026 filing season on Monday, January 26, 2026, which means it’s time to start organizing your documents and planning for the new tax changes that impact 2025 returns. This blog highlights the most important […]
As we head into the holiday season, now is the time to take control of your 2025 tax strategy. With new tax laws under the One Big Beautiful Bill Act (OBBBA) and the temporary SALT deduction increase, California taxpayers have powerful opportunities to reduce taxable income and improve financial outcomes. At TaxPlus, we help individuals […]
Tax Planning Window: November 10 – December 18, 2025 “If you fail to plan, you plan to fail.” As the holidays approach and the year winds down, November and December are prime months to take charge of your 2025 tax strategy. At TaxPlus, we’re helping California residents and business owners prepare early—especially with major updates […]
The pumpkin patch is open, Halloween and Dia de Los Muertos are coming up quickly! We will focus on a tax planning opportunity created by the higher SALT caps. This time we remind you of the benefit of having a side business, including but not limited to an S-Corp. This strategy potentially allows you to […]
The recently signed One Big Beautiful Bill Act (OBBBA) introduces sweeping tax changes that will impact both individuals and businesses beginning in 2025. From automatic filing extensions for Los Angeles County residents to a temporary increase in State and Local Tax (SALT) deductions, taxpayers need to understand how these updates may affect their 2024 and […]
With the recent passage of the One Big Beautiful Bill Act (OBBBA), significant tax changes are now in motion. While many of these provisions phase in over several years, there are immediate implications for 2024 and 2025 tax filing that individuals, businesses, and particularly Los Angeles County residents need to know. Here’s a breakdown of […]
March 15, 2025 S-Corp. and Partnership Deadline Approaching and BOI Report Update If you are a Los Angeles County resident, you have an automatic extension of time to file your S-corporation (Form 1120S) and partnerships (Form 1065) tax filings until October 15th, 2025. These filings are normally due March 15th. Otherwise, if you are NOT a […]
The BOI Filing Requirement on HOLD – originally due January 1st, 2025. An injunction from a federal court has paused the Corporate Transparency Act enforcement of the Beneficial Ownership Information report, but the possibility of enforcement remains in the future. The last weeks of 2024 offer an opportunity for tax planning and for setting up […]
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