Bita Hamidi

08/31/2025

🌞 Good Morning Business Owners!

💡 Tax Update: If you’re self-employed, a solo LLC, or in a partnership 👉 the 20% QBI (Qualified Business Income) Deduction is now PERMANENT ✅ (thanks to the new One Big Beautiful Act).

That means it’s here to stay beyond 2025 🙌 … and that’s a HUGE win for business owners during these challenging times.

📞 Want to explore more ways to reduce taxes + plan ahead? Call me for an obligation-free consultation.

✨ More tips coming your way soon!

08/30/2025

Your Tax Bracket

02/10/2025

02/10/2025

Retirement Security Rests on 3 legs!

02/03/2025

Making the Right Choice
The decision between an IRA and an annuity depends on your individual retirement goals, risk tolerance and financial situation.

Looking for growth and have a longer time horizon? An IRA could be the best choice.

Want guaranteed income and worried about outliving your savings? Consider an annuity.

Call now to connect with business.

01/25/2025

The Act was signed into law on January 5, 2025.

The Act ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). These provisions reduced or eliminated the Social Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension") because they did not pay Social Security taxes. This law increases Social Security benefits for certain types of workers, including some:

teachers, firefighters, and police officers in many states;
federal employees covered by the Civil Service Retirement System; and
people whose work had been covered by a foreign social security system.

Call me for an obligation free consultation.

11/13/2024

Follow me for some planning tips!

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We help families to learn how to Save Money, how to plan for Retirement & how to Protect their famil

10/30/2024

In tax year 2022, 3,170 American taxpayers paid $22.5 billion in estate taxes after taking allowable deductions and state death tax deductions, according to the Internal Revenue Service's newly published federal estate tax data. Those who file an estate tax return must first calculate a gross estate sum by adding up everything a decedent owns or has certain interests in at death, determined by fair market value of these items. Last year, 8,130 individuals filed estate tax returns, with gross estates worth a total of $259.6 billion. Filers must then make deductions, including the estate and gift tax exemption, to arrive at the decedent's taxable estate. Deductions in 2022 came to $17.2 million per individual. After finding the net amount, filers add the value of lifetime taxable gifts to this number and compute the tax. See the accompanying gallery for the 15 states with the highest total net estate taxes paid in tax year 2022.

www.irs.gov

10/25/2024

2025 Tax Bracket

IR-2024-273, Oct. 22, 2024 — The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025.

10/22/2024

The Internal Revenue Service has announced its annual inflation adjustments for tax year 2025.

The tax year 2025 adjustments generally apply to income tax returns to be filed starting tax season 2026.

More than 60 provisions in the tax code have been updated, but some key amounts remain flat.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.