Welcome to Eric M Hunt, CPA
On January 23, 2025, the U.S. Supreme Court recently lifted an order that had previously blocked the implementation of the CTA. However, businesses still face uncertainty as another nationwide injunction continues to stall the law’s enforcement. So, what does this all mean for companies, and where do we go from here? Let’s break it down. […]
If you want to change sole proprietorship to LLC in California by yourself, then it can be a very daunting process for you. There are many critical steps in this process, which can consume lots of time for entrepreneurs like you who are aiming to grow their businesses. To solve this problem, we have created […]
California residents affected by the devastating wildfires now have a glimmer of hope amid the chaos. The Internal Revenue Service (IRS) has announced special tax relief measures for wildfire victims, including extended filing and payment deadlines. This blog will cover the key details of the tax relief program and introduce another significant IRS update: the […]
If you are a musician who finds it challenging to fine-tune your finances, you are not alone. Many artists find it problematic to deal with tax forms, receipts, and royalties and are not sure how to navigate the intricacy of financial management in the music industry. The good news is that we have a perfect […]
If you are a business holder, who is planning to change a Limited Liability Company (LLC) to an S Corporation (S Corp) in California, you are definitely at the right place. The process of converting from LLC to S Corp is pretty simple however the decision to do so may be baffling for some business […]
In a recent development, a federal district court has issued an injunction halting the enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting rule. This decision comes as a relief to many small businesses who were grappling with the complexities of the reporting requirements. What is the CTA and BOI […]
