Welcome to Eric M Hunt, CPA
If you are an actor, musician, or creative professional, chances are your career does not follow a straight line. One month you might have a high income, and the following month things slow down. Payments come from different sources, contracts change often, and expenses don’t always fit neatly into standard tax categories. That’s why choosing […]
If you are a California property owner using an LLC, you have likely heard a story: a simple change in business structure triggers a massive property tax reassessment, sending your annual bill soaring. Under California’s Proposition 13, property taxes are based on the purchase price, with only modest annual increases. If you change ownership, it […]
You can not afford to ignore property taxes in California. If you miss a due date, it can lead to penalties, interest, and unnecessary stress. Yet many people still feel confused about the timeline installment structure, tax due date, and county-specific variations. If you understand how the system works, it will help you stay compliant […]
For California homeowners, preserving a low property tax base is a key part of financial planning. Thanks to Proposition 13, your property taxes are based on your purchase price, with minimal annual increases. However, a reassessment of the current market value – which can happen during ownership changes or inheritance – can dramatically increase your […]
The topic of the California exit tax has been in the gossip in recent years. The main reason for this is that many people consider relocating to a state with a more affordable cost of living, greater career flexibility, or simply a change of pace. Although no official announcement has been made regarding this tax […]
Doing overtime has become a regular part of life for many workers in California. Whether you are in retail, logistics, healthcare, or the tech industry, people always work overtime to keep up with their expenses. With so many people relying on overtime to support their families, the idea of no tax on overtime in California […]
If you are late in filing taxes, then you can also get an extension for it. But there is a procedure for it. Today, we will understand how to file a tax extension for California. By doing this, you can get extra time to organize documents, gather financial records, or prepare an accurate state tax […]
Many parents feel confused during tax season, and one common question that often arises is: Is child support tax deductible in California? With the upcoming 2025 California income tax updates, it is important to understand how child support interacts with both tax and legal rules in the state. This blog keeps everything simple and easy […]
If you get your salary in the Golden State, you have probably noticed a line on your paycheck called “SDI” – it sits right next to your state and federal tax deductions. Maybe you’ve even felt a little frustrated seeing it take a small bite out of your take-home pay. But unlike other surprise charges, […]
If you are a business owner in the Golden State, you are likely focused on growing your business and serving your clients. But one thing that often confuses is the California franchise tax. Whether you operate an LLC, corporation, or limited partnership, it is essential to understand and pay this tax on time to keep […]
