As a college student, understanding the ins and outs of the tax filing process is essential for ensuring you meet your obligations and potentially unlock opportunities for tax benefits. In this comprehensive guide, we’ll walk you through the essential steps and considerations when filing taxes as a college student in 2024, helping you navigate this…
Read More
Tax News & Updates
Stay up to date with the latest tax changes, sign up for upcoming tax seminars in Glendale CA, and more!
QBI Deduction: What You Need to Know
If you are a self-employed or small-business owner, you may be wondering about the qualified business income (QBI) deduction. This is a tax deduction that allows you to deduct up to 20% of your qualified business income from your taxable income. But does it apply to you? And how can you maximize its benefits? In…
Read More
What to Look for When Hiring a Tax Service Provider in Your Area
Tax season is here, and you may be wondering how to find the best tax service near you. Whether you need help with filing your taxes, planning for the future, or resolving any tax issues, you want to work with a professional who can handle your needs and save you time and money. Here are…
Read More
The Ultimate Guide to Tracking Your Tax Refunds
If you filed your federal income tax return for 2023, you may be wondering where your tax refund is. The IRS started processing refunds on January 31, 2023, and most people can expect to receive their money within 21 days. However, some factors can delay your refund, such as: Missing or incorrect information on your…
Read More
How to Claim the Qualified Business Income Deduction in 2024
If you are a self-employed or small-business owner, you may be wondering how to reduce your tax liability in 2024. One of the most beneficial tax provisions for small businesses is the qualified business income (QBI) deduction, also known as the Section 199A deduction. This deduction allows eligible taxpayers to deduct up to 20% of…
Read More
Are Property Taxes Deductible in California?
As a California taxpayer, you may be wondering whether property taxes are tax-deductible in California. The answer is yes, but there are some important things to keep in mind. California property taxes are generally still tax-deductible for both wage earners and self-employed individuals on both state and federal tax returns. However, starting in 2018, the…
Read More
QBI Deduction: A Comprehensive Guide
If you’re a self-employed or small-business owner, you may be eligible for the qualified business income (QBI) deduction. This tax deduction allows you to deduct up to 20% of your qualified business income from your taxable income. In this article, we will discuss the QBI deduction and how to maximize its benefits. What is the…
Read More
Tax Preparation: A Comprehensive Guide
Tax preparation is a crucial aspect of financial planning for individuals and businesses alike. It involves the process of filing tax returns, calculating tax liabilities, and ensuring compliance with tax laws and regulations. In this guide, we will cover everything you need to know about tax preparation, including: The importance of tax preparation The different…
Read More
California Tax Brackets 2024: What You Need to Know
If you live or work in California, you probably know that the Golden State has some of the highest taxes in the country. But how much do you actually pay in state income tax, and what are the tax brackets for 2024? In this blog post, we will explain everything you need to know about…
Read More
How to Get Your California Tax Refund Faster and Easier
If you are a California resident who filed your state tax return, you may be wondering when you will receive your refund. The good news is that there are some ways to speed up the process and make it easier for you to get your money back. Here are some tips and tricks to help…
Read More
