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RECENT POSTS
Do You Have to Pay Taxes On Sports Betting? What Los Angeles Bettors Need To Know
Key TakeawaysThe IRS considers all sports betting payouts as ordinary income, regardless of the amount or whether you received a tax form. For the 2026 tax year, you can only deduct 90% of your gambling losses against your winnings, even if you ended the year...
Will Filing For Bankruptcy Clear Student Loans For Los Angeles Debtors?
Key TakeawaysFiling for bankruptcy does not automatically get rid of student loans. You usually have to take an extra legal step and prove repayment would create an undue hardship. If student loan debt is discharged, forgiven, settled, or canceled, the tax...
The Los Angeles Taxpayer’s Guide: How Do I Calculate My Federal Tax Withholding?
Key TakeawaysA large refund is an interest-free loan to the government, while a big bill suggests you are at risk for IRS underpayment penalties. Updating your Form W-4 by late April allows you to spread adjustments across the majority of the year, minimizing the...
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.