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What Does the IRS Math Act Mean For Los Angeles Taxpayers?

What Does the IRS Math Act Mean For Los Angeles Taxpayers?

by Pronto Income Tax Team | Dec 23, 2025

Key TakeawaysIRS notices must now provide a clear, specific explanation of the exact error. Not generic language or guesswork. The IRS must prominently tell you about your 60-day right to request abatement, including the exact deadline date. Line numbers,...
What Happens After Los Angeles Taxpayers Appeal IRS Decisions?

What Happens After Los Angeles Taxpayers Appeal IRS Decisions?

by Pronto Income Tax Team | Dec 19, 2025

 Key TakeawaysThe IRS has launched an IRS Post-Appeals Mediation (PAM) pilot program for certain unresolved Appeals cases. PAM allows a facilitated negotiation with a neutral mediator and a new Appeals team. Not every case qualifies, but the program...
What’s the Los Angeles Gig Worker Solution to a Surprise Tax Bill?

What’s the Los Angeles Gig Worker Solution to a Surprise Tax Bill?

by Pronto Income Tax Team | Dec 19, 2025

Key TakeawaysEstimate your full 2025 tax liability now (including income tax and Self-Employment Tax) to avoid underpayment penalties before the January estimated tax deadline. Maximize year-end deductions such as mileage, home office, equipment purchases, and...
IRA v Roth IRA v 401(k): Should Los Angeles Taxpayers Convert Before 2026?

IRA v Roth IRA v 401(k): Should Los Angeles Taxpayers Convert Before 2026?

by Pronto Income Tax Team | Dec 9, 2025

Key TakeawaysTraditional IRA gives you a tax break today and taxable withdrawals later.  Roth IRA means tax-free growth and withdrawals later.  401(k) has larger limits with employer-based tax benefits. A Roth conversion adds income to your...
Keeping IRS Settlements on Track for Los Angeles Taxpayers

Keeping IRS Settlements on Track for Los Angeles Taxpayers

by Pronto Income Tax Team | Dec 5, 2025

 Key TakeawaysAn Offer in Compromise (OIC) isn’t final until you stay compliant for a full five years from the date of acceptance. Missing a future return or underpaying future taxes can void the entire deal. If you have a Notice of Federal Tax Lien,...
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