Welcome to Eric M Hunt, CPA
Filing California state taxes can be more complicated than many taxpayers expect. With its progressive tax system, strict compliance rules, and differences from federal tax laws, even small mistakes can lead to penalties, delays, or missed savings opportunities. Whether you are an individual taxpayer, freelancer, or business owner, understanding the common mistakes people make when […]
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 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, […]
The California Pass-Through Entity Tax has quickly become a hot topic for business owners across the state. Introduced under Assembly Bill 150 (AB 150), the elective PTE tax gives partnerships, S corporations, and LLCs taxed as partnerships or S corporations a way to work around the federal SALT deduction cap. This means many business owners […]
Inheritance tax in California. If you have recently inherited property or money, or you are planning your estate, this phrase might have sparked a wave of anxiety. You have likely heard horror stories about the tax man taking a huge chunk of an inheritance. But what if I told you that this specific fear is […]
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, […]
