How the 1099K Delay Affects Los Angeles Taxpayers

How the 1099K Delay Affects Los Angeles Taxpayers

Coming out of the Thanksgiving fog yet? Recovered from Black Friday and Cyber Monday?And not to worry, more holidays are coming up soon!In the spirit of the season, the IRS has decided to give a gift to taxpayers this year. They’ve opted for another 1099-K...
Thanksgiving Cues for Every Los Angeles Person

Thanksgiving Cues for Every Los Angeles Person

I love Thanksgiving. I don’t love Thanksgiving. Both are equally true. A lot of it comes down to sharing a meal with our Los Angeles family and friends. There’s something special about getting to gather at the dinner table and express gratitude for a roast turkey and...
Pronto Income Tax Team’s Guide to Divorce and Taxes

Pronto Income Tax Team’s Guide to Divorce and Taxes

We’re not the only ones who can get festive this time of year. In the spirit of giving, the IRS recently released important updates for the 2024 tax year to adjust for inflation. They’re increasing the Standard Deduction — up to $29,200 for married...
Non-filing Isn’t a Good Option for Los Angeles Taxpayers

Non-filing Isn’t a Good Option for Los Angeles Taxpayers

The events of 2020 were both a reprieve for Beverly Hills taxpayers (like you) and a nightmare for tax pros (like me). And the complications of that year and the one following created a backlog for the IRS. That’s one of the reasons they shut off the reminder notices...
How Los Angeles Givers Can Guard Against Fake Charities

How Los Angeles Givers Can Guard Against Fake Charities

There’s been an extraordinary surge of fakers this year. The explosion of AI along with more sophisticated scams can make it feel like you have to look under every rock. While Biden is enacting a presidential order to demand some accountability from the big...