Sean H. Issue: IRS assessing more taxable income from cancellation of debt $$ at stake: over $9,600 Every time we are successful in defending a client’s case and especially winning them money, we get super ecstatic! In this case, the IRS agreed to remove the balance of over $9,000 to zero. Such a big win for the … Read more
Estimated taxes don’t have to be confusing. If you earn money from a side gig, freelance work, or any income without automatic tax withholding, estimated taxes help you pay as you go and avoid a big tax bill later. This beginner-friendly guide explains what estimated taxes are, who needs to pay them, how much to set aside, important due dates, and simple reminders to stay on track—without stress or complicated math.
Hey there! So, you’re driving for Uber, Lyft, or delivering with DoorDash? That’s awesome! But let’s talk about the not-so-fun part—taxes. As an independent contractor, you’re basically your own boss. That’s great, but it also means the companies you work with aren’t pulling out taxes for you. It’s up to you to stay on top … Read more
Owing taxes can be frustrating—especially when it comes as a surprise. This easy-to-follow guide explains why people end up owing taxes and shares simple, practical steps you can take during the year to avoid a tax bill next time. Learn how paycheck withholding, side gig income, retirement withdrawals, and smart planning all play a role in keeping your taxes on track and stress-free.
Not sure if you need to file a state tax return? It depends on where you live, work, and earn income. Some states have no income tax, while others require filings based on residency, income level, or special rules for remote workers. Learn the basics, key exceptions, and how to avoid double taxation.
Navigating the Earned Income Tax Credit (EITC) can be tricky, but it’s crucial to avoid mistakes to prevent delays or even a ban. Learn how to steer clear of common errors here. #EITC #taxes #IRS
📧 Email: info@one-two-tax.com Or, fill out the form below. ✨ Why Choose One Two Tax?✅ Accurate & Reliable – I stay up-to-date on the latest tax laws.✅ Personalized Service – Tailored solutions for individuals, families, and small businesses.✅ Stress-Free Filing – I’ll handle the hard part so you can relax.✅ Local & Trusted – Proudly … Read more
Meet the team behind your go-to source for all things tax-related, served up with a laidback vibe. Shanti Pang, Enrolled Agent, Tax Consultant Based in Pasadena, CA, Shanti Pang brings expertise as an Enrolled Agent and Tax Consultant. With a knack for navigating tax codes and maximizing returns, Shanti ensures your financial journey is smooth … Read more
In the wake of the Eaton fire, small businesses like One Two Tax are stepping up to support our community. Learn how we’re making a difference together. #EatonFire #CommunitySupport
Many people take up hobbies, like jewelry-making or photography, just for the love of it and don’t expect to make money from their efforts. Most hobbies require some out-of-pocket costs. The good news is that the IRS lets you deduct a portion of your hobby expenses on your tax return. But you’ll need to show … Read more