Tax Pro Plus
2999 Overland Ave.
Suite 204
Los Angeles, CA 90064
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Ph: (310) 827-4829
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- Cryptocurrencies and Your Taxes
- If you trade cryptocurrencies like Bitcoin you are required to report the transactions for tax purposes.
- Tax Reform Adds Education Benefit
- Tax law provides two tax-advantaged savings plans for the Qualified State Tuition Plan (commonly referred to as a 529 Plan). They are similar in that contributions to the plans are not tax deductible (although some states do allow a deduction for contributions to their plans) and the earnings are tax deferred and tax free if used for qualified education expenses.
- Are You Part Of The 1%, When it Comes To Paying Taxes?
- The latest set of figures is for 2015 tax returns and provides some interesting statistics on the adjusted gross income of US taxpayers.
- Minimizing Tax on Social Security Benefits
- How much (if any) of your Social Security benefits are taxable depends on a number of issues. The following facts will help you understand the taxability of your Social Security benefits.
- Estate Tax Exemption Doubled Under Tax Reform
- Leading up to the passage of the Act, there was considerable discussion about repealing the estate and gift tax. That didn’t happen! But Congress did double the value of an estate that is excluded from being taxed, and as a result, fewer estates will be subject to the 40% estate tax, and even those in excess of the excluded amount will pay less tax.
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