Mindy Doan, CPA, MBA

01/27/2026

🔥 2026 Tax Refund Schedule 🔥
✅ We encourage clients who have prepared all necessary documentation to file their taxes early in order to:

1️⃣ 💵 Receive your refund sooner
2️⃣ 👩‍💼 Allow CPA more time to provide thorough consultation
3️⃣ ⏳ Avoid last-minute errors and unnecessary stress

💼 With over 18 years of experience in taxation, accounting, and auditing, our firm is committed to delivering services that are accurate, attentive, and optimized to meet your needs.

🌎 TAX FILING SERVICE ACCROSS 50 STATES.

☎️ To schedule an appointment or consultation, please contact our office: (714) 468-7890

📍 Office Address:
8851 Garden Grove Blvd, Suite 103
Garden Grove, CA 92844

01/15/2026

🔥🔥🔥Starting 1/12026, every business mile you drive = 72.5 cents tax deduction 🚗💰

📌Examples: If you drive Uber/Doordash

✅ 1,000 miles 👉 deduct $725
✅ 40,000 miles 👉 deduct $29,000 from taxable income

01/11/2026

🔥🔥🔥 IMPORTANT THINGS TO KNOW WHEN FILING 2025 TAXES 🔥🔥🔥

1️⃣ Child Tax Credit 👶
Increased from $2,000 to $2,200 for each child under 17 years old.

2️⃣ Trump Account 🇺🇸💰
Children born between 2025–2028 will receive $1,000 into a retirement fund called the “Trump Account.”

3️⃣ No Tax on Tips 💵🍽️
- If you work in the service industry with tips, pay attention to box 14 on W-2. Employers must separate tips and enter them here, or attach a report of your tip income.

- Tips are exempt from federal income tax up to $25,000/year, only for tips voluntarily paid by customers.

- Service charges / auto-gratuity added by the employer to the bill are not tax-exempt.

- If you receive a 1099, the employer does not need to separate tips; you can calculate them yourself.

4️⃣ No Tax on Overtime Pay ⏱️💼
The extra 0.5 pay for overtime work is tax-exempt (up to $12,500 Single / $25,000 Married).
Applies to income under $150k (Single) or $300k (Married).

5️⃣ Standard Deduction 📊
Single: $15,750
Married: $31,500
Head of Household: $23,625

6️⃣ Additional Deduction for Seniors (65+) 👵👴❤️
In addition to the Standard Deduction, those over 65 get an extra $6,000/person (up to $12,000 for couples).

7️⃣ State and Local Tax (SALT) Deduction 🏠📈
Increased from $10,000 to $40,000.

8️⃣ Car Loan Interest Deduction 🚘🇺🇸
Interest on personal car loans is deductible up to $10,000, but the car must be new and manufactured in the USA.

9️⃣ Mortgage Insurance Premium (PMI) Deduction 🏡🔑
PMI is once again tax-deductible.

🔟 Refunds 💳🏦
This year, IRS will only send refunds via direct deposit.
- If you don’t have a bank account, refunds will be sent via Debit Card, which may take longer.

Mindy Doan, CPA, MBA, APC
☎️ 714-468-7890
📩 [email protected]
🎯 8851 Garden Grove Blvd #103, Garden Grove CA 92844

01/09/2026

🔥🔥 The IRS will officially start accepting returns on January 26, 2026. 🗓️

🏢 Our office will be open 7 days a week from 9:30 AM – 7:00 PM to assist clients during tax season.

‼️ PLEASE NOTE: We have moved to:
📍 8851 GARDEN GROVE BLVD #103, GARDEN GROVE, CA 92844

✅ Please call ☎️ 714-468-7890 to schedule an appointment ✅

Mindy Doan, CPA, MBA, APC
☎️714-468-7890
📩[email protected]
🎯8851 Garden Grove Blvd #103, Garden Grove CA 9284

12/15/2025

🔥 Year-End Tax Planning 🔥

Being proactive is one of the most powerful ways to save on taxes. As year-end approaches, now is the time to review any activities that could impact your tax profile, such as:

* ✅ Buying or selling assets
* ✅ Establishing a company or changing your business structure
* ✅ Transitioning from W2 wages to 1099 income
* ✅ Experiencing major financial or investment changes
* ✅ Evaluating whether your current tax strategy is truly optimized

Meeting with a CPA before year-end ensures you have time to make adjustments and take advantage of deductions and credits. Don’t wait until tax season as it maybe too late to maximize your benefits

Mindy Doan, CPA, MBA
American Smart Tax
☎️714-468-7890
📧[email protected]
📍8942 Garden Grove Blvd #207, Garden Grove CA 92844.

10/24/2025

🔔🔥 IRS Officially Cancels the $600 and $5,000 Reporting Rules

If you sell products online or receive payments through apps like PayPal, Venmo, Etsy, Amazon or eBay..etc , this may impact you.

Previously, the IRS required payment platforms to report your income and issue a Form 1099-K if you received over $600 (temporarily raised to $5,000 in 2024 to ease the rollout). However, after strong pushback from the public and small business community, the IRS has confirmed that this rule will no longer be enforced.

📣 Under the new law “One Big Beautiful Bill”, the IRS is reverting to the original reporting threshold. These platforms will only report your income and send you a 1099-K if:

1. You receive more than $20,000 in total payments, and
2. You have over 200 transactions in a calendar year

✅ If your activity falls below both of these thresholds, your income will not be reported to the IRS, and you will not receive a 1099-K.

📅 This law will take effect starting with tax year 2025.

‼️ Please note, by law, all income must still be reported and taxed, whether or not you receive a 1099-K.

Mindy Doan, CPA, MBA
American Smart Tax
☎️657-474-5322
📧[email protected]
📍8942 Garden Grove Blvd #207, Garden Grove CA 92844

08/16/2025

🔥 🔥 LOOKING TO EXPAND YOUR BUSINESS TO THE US? 🔥

We offer a comprehensive solution to help you establish and grow your business in the United States — fast, legally, and cost-effectively.

✅ Our Services Include:
* U.S. company formation
* Registered Agent service
* EIN application & business license setup
* Business structure & international tax strategy consulting
* Bookkeeping & financial reporting
* Tax filing & IRS compliance
* IRS representation for tax issues

🎯 Why Work With Us:
* Direct access to a licensed CPA — not an automated system
* Flexible support hours aligned with Vietnam time zones
* End-to-end guidance from setup to growth
* Bilingual support in Vietnamese & English — culturally aligned with Vietnamese entrepreneurs
* Tailored strategies for your specific business model

📍 Based in Garden Grove, California — serving clients in the US and worldwide

Mindy Doan, CPA, MBA
American Smart Tax
☎️657-474-5322
📧[email protected]
📍8942 Garden Grove Blvd #207, Garden Grove CA 92844.
🌐 www.mindydoancpa.com

05/23/2025

🔥🔥🔥 WHAT TO KNOW ABOUT TRUMP’S “BIG BEAUTIFUL TAX BILL” 🇺🇸🇺🇸🇺🇸

1. 🔹 No federal tax on tips and overtime pay
2. 🔹 Child Tax Credit increased from $2,000 to $2,500 per child
3. 🔹 Standard Deduction increased by $1,000 for single filers and $2,000 for married couples filing jointly
4. 🔹 State and local tax (SALT) deduction cap increased from $10,000 to $40,000
→ This especially benefits homeowners in high-tax states like California, New York, etc.
5. 🔹 Interest on car loans may become deductible if the car is manufactured in the U.S.
6. 🔹 For each child born between 2024 and 2028, if parents open a MAGA Account and contribute toward future education expenses, the Trump administration will match with a $1,000 contribution
7. 🔹 Small businesses will be allowed to deduct up to 23% of qualified business income (an increase from the current 20%)
8. 🔹 100% Bonus Depreciation is back. Businesses can immediately deduct 100% of the cost of eligible assets (e.g. equipment, vehicles, machinery) in the year purchased
⸻

‼️ ⚠️ KEY CUTBACKS TO NOTE:

🔸 Energy tax credits may be eliminated
→ EV credit of $7,500 and the 30% solar tax credit could be cut
📣 If you’re planning to buy an electric vehicle or install solar, now’s the time to consider your options!

🔸 New 3.5% remittance tax on money sent abroad for non-U.S. citizens
→ If you are not a U.S. citizen (e.g. green card holders, visa holders), you may be subject to a 3.5% tax on remittances sent to family overseas

⸻

⏳⏰ This bill is still waiting for Senate approval, so changes are likely. We will keep you updated as new information comes out!

12/25/2024

11/07/2024

🔥🔥 TRUMP’s TAX PROPOSALS 🔥🔥

🔴Individual Taxes:
• Allow deduction for interest on car loans if you buy a car made in USA.
• Eliminate taxes on Social Security benefits.
• Exempt tips from taxation.
• Exempt overtime pay from taxation.
• End double taxation for U.S. citizens working abroad.
• Remove the cap on state and local tax deductions. Currently, singles and married couple can deduct up to $5,000 and $10,000, respectively. Trump’s proposal would remove this cap, so taxpayer can deduct the the higher state and local taxes that they paid

🔴Business Taxes:
• Lower corporate tax rate from 21% to 15%
• Keep the qualified business asset investment deduction for pass-through entities

🔴Real Estate:
• Provide tax benefits for first-time homebuyers.

…………..

🔥🔥 NHỮNG ĐỀ XUẤT THUẾ CỦA PAPA “TRUMP” 🔥🔥

🔴Thuế cá nhân:
• Cho phép khấu trừ thuế trên tiền lời trả góp xe, nếu bạn mua xe sản xuất tại Mỹ.
• Miễn thuế cho tiền trợ cấp an sinh Xã hội.
• Miễn thuế cho tiền tips
• Miễn thuế cho lương overtime
• Xóa bỏ tình trạng đánh thuế hai lần đối với công dân Mỹ làm việc ở những nước không có hiệp định thuế với Mỹ
• Xóa bỏ giới hạn khấu trừ thuế tiểu bang và địa phương. Hiện tại nếu bạn single thì bạn được khấu trừ tối đa 5k, và married là 10k. Papa sẽ bỏ mức tối đa này, bạn đóng thuế tiểu bang và địa phương bao nhiêu thì khi khai thuế liên bang bạn được khấu trừ bấy nhiêu.

🔴Thuế doanh nghiệp:
• Giảm thuế doanh nghiệp C-Corp từ 21% xuống còn 15%.
• Duy trì khấu trừ lên đến 20% lợi nhuận công ty dành cho các doanh nghiệp nhỏ

🔴 Đối với bất động sản thì Papa sẽ có những chính sách ưu ãi thuế cho người mua nhà lần đầu