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Monrovia, CA 91016
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Los Angeles, CA 90023
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RECENT POSTS
How 529 Plans Are Taxed for Los Angeles Families
Quick Answer: Contributions to a 529 plan are made with post-tax dollars, allowing your investment to compound shielded from federal and state capital gains taxes during the growth phase. Withdrawals are 100% tax-free when used for qualified education expenses,...
What Happens If You Don’t Pay Payroll Taxes, Los Angeles Business Owners
Quick Answer: If your business falls behind on payroll taxes, the IRS has the legal authority to look past your corporation or LLC shield and hold you personally liable for the employee's withheld portion under the Trust Fund Recovery Penalty. Because these...
How Does the Lifetime Learning Credit Work for Los Angeles Students, Parents, and Professionals?
Quick Answer: The Lifetime Learning Credit (LLC) is a non-refundable federal tax credit worth up to $2,000 per tax return. It’s calculated as 20% of the first $10,000 in qualifying higher education tuition and fees, with no limit on the number of tax years it can...
Man I’ve been going to this dude since 2019. I don’t even trust anyone else to do my taxes lol. He’s like the older uncle or grandpa you can trust and count on.
William F.Last three years going to Pronto tax. Mark& Joe have been helping us. Fantastic job done each year. Even after you get done and find something they update you &take care of it.
Farhat M.