Welcome to Eric M Hunt, CPA
You are probably waiting for your tax refund if you have already filed your California taxes. Whether checking your California tax refund status or wondering how long it takes to receive a tax refund, this guide covers everything you need to know. From tracking your California state refund to possible delays, we will help you […]
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 […]
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 […]
Gratuity is a financial benefit that is provided by employers to employees as a token of appreciation for their long-term service. It is a common practice in many industries where employers reward employees for their loyalty and dedication. Now, one question comes to everyone’s mind: Do you pay tax on gratuity? This blog provides a […]
Tax planning is critical to achieving financial success if you are a high-income earner. Higher earnings mean higher tax liabilities. But with the right strategies, you can minimize your tax burden, which will help you keep more of your hard-earned money. This blog will explore effective tax planning strategies for high-income earners. Here, we will […]
