Expert Accountant Services

02/03/2026

New 2026 Child Savings Program — Free $1,000 for Eligible Kids!

A new federal child savings program is being rolled out that will provide $1,000 in government seed funding for eligible children. Many families are unaware that enrollment has already started through the tax system.

What is the program?
It is a Treasury-backed child investment account designed to grow tax-free until the child turns 18. The funds are invested in the U.S. market and are intended to support long-term financial security for the child.

Who is eligible?
• US citizen children under age 18
• Children born between 2025 and 2028 qualify for the $1,000 government deposit

How enrollment works
Enrollment happens through the IRS as part of the tax filing process:
• An election is submitted for the child
• The IRS sends the information to the U.S. Treasury
• The Treasury creates the child’s investment account in 2026
• The $1,000 is deposited when the program goes live

There is currently no public website or portal — registration is handled through the tax system.

Why this matters
A one-time $1,000 investment can grow to $8,000–$15,000+ by age 18 depending on market performance — and potentially much more if additional contributions are made over time.

Many families will miss this simply because they don’t know it exists yet.

If you’re filing with us this year and have kids born in 2025 or later, tell us — we’ll enroll them for you.

Visit us at: 5651 N Pershing Ave. Stockton. CA. 95207
Call to book: 415-895-2124

01/26/2026

The Internal Revenue Service today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.

IR-2026-12, Jan. 26, 2026 — The Internal Revenue Service today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.

01/15/2026

Taxes go smoother when your documents are ready.
I’ve put together a Tax Document Checklist to help clients stay organized and reduce back-and-forth.
Review this before your tax appointment

01/13/2026

California Tax Preparation – Now Booking

Tax season is coming up. Now is the right time to get organized and avoid last-minute stress.

✔️ In-office or remote tax filing
✔️ Individuals & small businesses
✔️ US and Canada

📞 Call or text 415-895-2124
📍 5651 N Pershing Ave C4, Stockton, CA

11/25/2025

📢 NEW TAX RULE ALERT: Car Loan Interest May Now Be Deductible! 🚗💸

New US tax rule allows eligible taxpayers to deduct interest paid on certain new auto loans — even if they take the standard deduction.
This is an above-the-line deduction, which means it directly reduces your taxable income.

Who may qualify?

✔ Bought a new car (not used)
✔ Loan started after December 31, 2024
✔ Car had final assembly in the US
✔ Personal-use vehicle (not business)
✔ Income below IRS phase-out limits

This deduction applies for tax years 2025–2028.

💡 Simple Example: How an $8,500 Interest Deduction Helps You

Let’s say in 2025 you paid $8,500 in qualifying interest on a new car loan.

Before the deduction:

Taxable income: $90,000

After the deduction:

Taxable income: $90,000 – $8,500 = $81,500

That means you are taxed on $81,500 instead of $90,000.

If you’re in a 22% tax bracket:

Tax savings:

$8,500 × 22% = $1,870 saved in taxes

✔ You didn’t have to itemize
✔ You didn’t need special credits
✔ You simply claimed the new above-the-line deduction

📌 Follow Us for More Tax Updates

We share the latest tax changes, new deductions, and simple examples that help you save money.

👉 Follow our page to stay updated on US & Canada tax rules.
👉 Share this post to help others save!

10/15/2025

🌎 Doing business or earning income across Canada and the U.S.?

Cross-border tax planning can save you thousands — and spare you major compliance headaches.

Learn how to structure income, claim treaty benefits, and avoid double taxation in our latest guide 👇

👉 https://expaccountant.com/canada-us-cross-border-tax-planning/

08/14/2025

Your LLC could be costing you thousands in taxes—and you don’t even know it.

Most single-member LLCs are taxed as “disregarded entities.”
Sounds harmless, right?
For the IRS, it means your LLC doesn’t exist for tax purposes.

Here’s the impact:
✅ All your profit goes straight to your personal tax return (Schedule C)
✅ You pay regular income tax plus 15.3% self-employment tax on the entire profit

Example:
LLC profit = $60,000
Self-employment tax alone = $9,180 (before income tax!)

The Fix: S-Corp Election
When profits hit around $75,000 or more, switching your LLC to be taxed as an S-Corp can save you money.

Here’s why:

You keep your LLC legal protection

You file a separate business tax return

You pay yourself a reasonable salary (only this part gets the 15.3% payroll tax)

The rest of your profit avoids that tax entirely

Common Mistake:
People think LLC vs. S-Corp is a legal choice—it’s really a tax election.
Your LLC can stay an LLC while enjoying S-Corp tax treatment—the best of both worlds.

📌 Tip:
If your profit is nearing $75K, it’s time to run the numbers and see if an S-Corp election could save you thousands.

💬 Message me today and I’ll walk you through the math for your situation.

04/15/2025

📢 Friendly Reminder: Tax Deadline Today!

Today, April 15, 2025, is the tax filing deadline for both individuals and C corporations.

If you haven’t filed yet and you're in need to request an extension—our team at Expert Accountant Services is ready to help you avoid penalties.

✉️ Email: [email protected]
📞 Call/Text: (415) 895‑2124
🌐 Visit: www.expaccountant.com

Don’t wait—reach out now to file your extension!

01/18/2025

🚨 2025 US Tax Season is Here! 🚨What you need to know:

📅 Key Dates:

- E-Filing Starts: January 27, 2025 - the first day the IRS will accept electronically filed returns.
- Deadline to File: April 15, 2025. Need more time? Request an extension with the IRS to extend your deadline to October 15, 2025.

📝 Important Reminders:

- Refunds with Child Tax Credit or EITC: Refunds tied to these credits won't be issued before mid-February due to IRS regulations under the PATH Act.
- Paper Returns: The IRS strongly recommends e-filing. Paper returns are slower and prone to errors.

⚠️ Special Extensions:

California Wildfire Relief: Businesses and individuals in Los Angeles County automatically get until October 15, 2025, to file.

Reach out if you need assistance with filing your taxes.

01/10/2025

🌟 Tax Season is Here! Let Us Help You With Your Taxes! 🌟

Are you looking for accurate, reliable, and stress-free tax preparation? Look no further! At Expert Accountant Services, we specialize in helping individuals and businesses navigate tax season with confidence.

💼 Our Services Include:
✅ Tax Preparation & Planning
✅ Business Formation
✅ IRS Representation
✅ Bookkeeping & Payroll

📢 Special Offer: Free consultation for new business clients!

📍 Visit Us In-Office or Book an Online Appointment
📞 Call us: (415) 895-2124
🌐 Website: www.expaccountant.com

Scan the QR code on our flyer to connect with us instantly!

Let us take the stress out of your taxes – Contact us today!

01/08/2025

Navigating Cross-Border Taxes: Avoid These Common Mistakes

Filing taxes in both the US and Canada can be overwhelming, but small mistakes can lead to costly penalties or missed deductions. In our latest blog, we cover common cross-border tax pitfalls, from understanding residency rules to maximizing foreign tax credits. Check it out and stay ahead this tax season!

Let us help you simplify your cross-border tax filing!

Avoid common cross-border tax mistakes this season. Ensure compliance and maximize savings with these expert tips.

12/18/2024

Are you a Canadian selling real estate property in the US?

I help Canadians reduce FIRPTA withholding and file US tax returns to claim refunds.

Check out my latest blog post for key insights
If you or someone you know is selling US real estate, let’s connect!

Learn how FIRPTA withholding works for Canadians selling U.S. real estate and discover ways to minimize tax withholding on your property sale