Welcome to Eric M Hunt, CPA
Moving to Mexico as an American expat sounds like a dream – sunny beaches, vibrant culture, and affordable living. But let’s be real: taxes don’t disappear just because you’ve swapped snow for salsa. If you’re a US citizen or green card holder, Uncle Sam still expects you to file, no matter where you live. And […]
It is a feeling of pride if your child is an actor or musician. But in the US, you must pay tax if your child is making good money. That is where we come in, we are the best CPA for child musicians and actors in Los Angeles. Your child puts in lots of hard […]
President Trump’s administration introduced a new tax legislation called the One Big Beautiful Bill Act (OBBBA). It will take effect in 2025. The House and Senate have proposed significant changes to the bill that could impact estate planning, post-retirement strategies, income tax, and more. That’s why you should stay informed about these changes, as they […]
The 2025 reconciliation bills represent a significant shift in the US tax code. These bills will have a substantial impact on individuals, businesses, and the energy sector. This blog will walk you through the major changes in the tax system, compare the House and Senate bills, and explain how these shifts could affect taxpayers. The […]
You must know how to calculate AGI (Adjusted Gross Income) while filing taxes. It is essential to know your taxable income, and this is done if you know your AGI. In this article, we will share a step-by-step guide on adjusted gross income. We have mentioned the process of calculating AGI, its importance, and common […]
There are many types of tax filing forms in the U.S., and if you want to file a tax form for a partnership, that is Form 1065 (U.S. Return of Partnership Income). This is a very important document that is required while filing for tax on partnership income. Whether you have a general partnership, limited […]
Tax season might end after returns are filed, but for many professionals and taxpayers, the need for assistance continues well beyond that point. Whether addressing notices, checking refund status, or resolving compliance issues, the IRS Practitioner Priority Service Line (PPS) is an essential tool that streamlines communication between tax experts and the IRS. With the […]
You have incredible creative freedom, whether you are an actor, musician, writer, or behind-the-scenes professional. However, it also brings complex tax responsibilities that many freelancers overlook. Missing deadlines, misclassifying income, or failing to track deductions can lead to costly penalties and unnecessary stress. In this guide, we will break down the most common tax mistakes […]
Capital gains tax is very important for business owners, investors, and homeowners. Here, we are sharing a guide on California’s capital gains tax because California is known as the state with the highest tax rate in the United States. Here, we will also understand how capital gains are taxed in California and how it can […]
Estate planning is an essential aspect of financial management, but it is more important for high-net-worth individuals. If you live in California, then you have this question in your mind: whether the state imposes an estate tax and how it could affect your heirs. In this blog, we’ll explore the California estate tax, its implications, […]
