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? […]
Category: Personal/Home Office
2025 Tax Prep in California: Key Deadlines + New OBBBA Tax-Saving Opportunities (LA & San Diego)
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 […]
What the One Big Beautiful Bill Act (OBBBA) Means for 2025 Taxpayers – Especially in Los Angeles County
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 […]
2023 Extension Request Due April 15, 2024
2023 Extension Request Due April 15, 2024 Please request an extension if your 2023 individual, single-member LLC, or C corporation filings will not be complete by 4/15/24. We cannot assume that you need an extension. If you are requesting an extension, remember it is an extension of time to file and not an extension of […]
Important Tax Deadlines For 2024
It’s officially tax season here in the U.S. and here are some important tax deadlines for 2024. In addition, the IRS will officially start accepting 2023 e-filings on January 29, 2024. It’s not too soon to schedule your in-person or virtual tax appointment for your 2023 tax year preparation! Contact us with any questions, to review our virtual […]
2023 Business Entity Formation Final Call
2023 Business Entity Formation: Final Call for LLC or Corporation Whether you are ready to launch a new business idea or you have a skill or hobby that can translate into a side business, now is the time to set that up for the most effective tax benefits. The proper business entity will provide the […]
Schedule Your ’23 Tax Planning Conference
Schedule Your ’23 Tax Planning Conference There are a couple of months left to project your 2023 tax results and make tax-saving decisions, we recommend that you schedule your 2023 tax planning conference with us. Whether you simply wish to anticipate the outcome of this year’s tax filing results or to proactively mitigate taxes, late October […]
The AB-150 Pass-Through Entity Elective
Using The AB-150 Pass-Through Entity Elective If you are a Qualified Taxpayer of a Qualified Entity who routinely pays more than $10,000 in state and local taxes and more than 9.3% in California Income Taxes on your K-1 income, the Pass-Through Entity Elective Tax may be an effective tax mitigation strategy for you. In July […]
ALL EXTENDED 2022 TAX FILINGS DUE 10/16/23
ALL EXTENDED 2022 TAX FILINGS DUE 10/16/23! Eight weeks remaining! Due to the severe storm damage earlier in the year throughout CA, for those affected by the flooding, many counties were covered by a federal emergency declaration and received additional time to file and pay taxes. That extension ends on 10/16/23. There are no further […]
Individual Filings, Single Member LLC, C-Corporation Filings Due April 18, 2023
Individual Filings (1040), Single Member LLC (1040), and C-Corporation Filings (1120) are due April 18th unless you request an extension before the due date or you qualify for an automatic extension. For those of you still working on filing taxes, if you reside outside of California, Alabama, or Georgia please reach out to us to […]
