Harmon Nguyen Kang PLLC

07/07/2025

🚨 Major Tax Law Update: The One Big Beautiful Bill Act (OBBBA) Is Now Law! 🚨

Signed by President Trump on July 4, 2025, the OBBBA brings sweeping changes to the tax code—starting January 2025. This new law:
✅ Extends and expands key provisions from the 2017 TCJA
✅ Introduces new tax breaks for individuals and businesses
✅ Opens up powerful planning opportunities you don’t want to miss

But here’s the truth: no two tax situations are the same.
What works for one person could cost another thousands.

📣 That’s why it’s crucial to sit down with a trusted tax professional—not rely on general info floating around social media. We’ll help you:
📊 Understand what applies to you
📈 Build a personalized strategy for your income, business, or investments
💰 Maximize every dollar of new benefits under OBBBA

📞 Schedule your 1-on-1 tax planning consultation today.
Let’s get ahead of 2025—together.

💬 DM us or call now to lock in your appointment!

03/12/2025

🚨 3 Mistakes That Could Trigger an IRS Audit 🚨

💬 Have tax questions? Drop them in the comments! ⬇️

02/25/2025

🚨 Are You Ready for the 2024 Tax Filing Season? 🚨
Tax season is here! The key to a stress-free and smooth tax filing process is PREPARATION. ✅ Here’s how to make sure you have everything in order:
📂 Gather Your Income Documents:
✔ W-2 (Wage income)
✔ 1099-NEC/MISC/K (Self-employment, contract work, side gigs)
✔ 1099-INT (Bank interest income)
✔ 1099-DIV/B (Stock/brokerage income)
✔ 1099-R & 5498 (Retirement account distributions & contributions)
💰 Don’t Miss Out on Deductions!
✔ Mortgage Interest (Form 1098)
✔ Property Tax & Charitable Contributions
✔ Childcare & Dependent Care Expenses
✔ Student Loan Interest
✔ State tax paid on purchases
🏥 Other Important Items to Track:
✔ Health Insurance (Form 1095)
✔ Record of Any IRA Contributions
✔ Your IRS IPPIN (Identity Theft PIN that the IRS mailed to your home address onfile. This is essential for e-filing if issued)
💡 Pro Tip: One of the easiest ways to make sure you haven’t missed a tax document is by creating an IRS Online Account via ID.ME to access your tax transcript. This helps verify any missing forms and obtain your IP PIN before filing!
⚠ Important: This is not an all-inclusive list. You may have additional tax documents based on your unique situation. Always review your records carefully or consult with a tax professional to ensure nothing is overlooked.
📞 Need expert tax planning & preparation? I’m here to help you maximize your refund and avoid costly mistakes. Book your tax prep session today! 💼💰
👉 Drop a comment or email us at [email protected] to get started! 🚀

02/04/2025

🚀 The 4Cs to Unlocking Your Business Success in 2024 🚀

With the new year comes new goals. But here’s the truth—success isn’t a matter of chance; it’s a matter of choice. If you don’t take control and master these 4Cs, you’ll stay stuck while others pass you by.

1️⃣ Clarity – Know EXACTLY what you want.
If you don’t have a clear vision, you’ll waste time chasing distractions. Define your goals and lock in your FOCUS on what truly matters.

2️⃣ Comfort – Get uncomfortable.
Your comfort zone is the enemy of growth. If you only do what feels safe, you’ll never break through. Learn to embrace discomfort—because that’s where the magic happens.

3️⃣ Commitment – Show up, even when it’s hard.
Anyone can be motivated for a day, but commitment is what separates winners from wannabes. It means sticking to your plan even when the excitement wears off, when obstacles hit, and when no one’s watching. You either find a way—or find an excuse.

4️⃣ Consistency – Small actions, BIG results.
Success isn’t built overnight—it’s the tiny daily habits that compound over time. You don’t have to be perfect, but you DO have to be consistent. Show up. Do the work. Repeat.

🔥 Which of these 4Cs do YOU need to improve on this year? Drop a comment below! 👇💬

💡 If you’re serious about leveling up your finances this year—whether it’s lowering your taxes, growing your wealth, or making smarter money moves—follow our page for expert tax, business and financial planning tips. Let’s make 2025 your most profitable year yet! 💰📊🚀

01/30/2025

🚨 Important Update on Beneficial Ownership Reporting Requirements 🚨

As of January 23, 2025, reporting companies are not required to file beneficial ownership information with FinCEN due to ongoing legal proceedings.

1️⃣ Current Legal Landscape
● The Supreme Court granted the government’s motion to stay a nationwide injunction in Texas Top Cop Shop, Inc. v. McHenry (formerly Texas Top Cop Shop v. Garland).
● However, a separate nationwide injunction from Smith v. U.S. Department of the Treasury still blocks enforcement of the filing requirement.

2️⃣ What This Means for You:
● Reporting companies are not subject to liability for failing to file beneficial ownership information while the Smith order is in effect.
● Companies may still choose to voluntarily submit reports to FinCEN.

3️⃣ Recommendations for Compliance
● Stay Updated: The legal environment is evolving. Regularly check the FinCEN
website for updates on reporting obligations.
● Be Proactive and Seek Expert Guidance: Compliance and tax regulations can be complex. Our team is here to help with tax services, advanced planning, and compliance
strategies tailored to your business needs.

💡 Don’t wait until the rules change—let’s ensure your business is ready for any updates. Contact us today to discuss how we can assist you in staying proactive and prepared for future changes.

📞 972-624-1610
📧 [email protected]

Let’s navigate these changes together!

09/25/2023

IRS recently announced a moratorium on processing new ERC claims, although it is continuing to process previously filed claims. Don’t hesitate to contact us for further information, including options about how to proceed.

IR-2023-169, Sept. 14, 2023 — Amid rising concerns about a flood of improper Employee Retention Credit claims, the Internal Revenue Service today announced an immediate moratorium through at least the end of the year on processing new claims for the pandemic-era relief program to protect honest sm...

01/13/2023

The 2022 tax filing season is here and we (Anthony, Tiffany and BK) are excited to work with you to complete your 2022 tax year returns. We are available to meet via the following: 1. In Person (5200 Paige Rd, Suite 200, The Colony, TX 75056)     NOTE: Offices moved downstairs next to the stairwel...

01/06/2023

HNK PLLC - Welcome to 2022 Tax Season! -

The 2022 tax filing season is here and we (Anthony, Tiffany and BK) are excited to work with you to complete your 2022 tax year returns. We are available to meet via the following: 1. In Person (5200 Paige Rd, Suite 200, The Colony, TX 75056)     NOTE: Offices moved downstairs next to the stairwel...

12/15/2022

Give yourself the wonderful gift of a tax break! Don’t wait to schedule a session with the partners at HNK PLLC! It’s as easy as using the link below and in our bio ⬇️⬇️ https://calendar.app.google/mZruN4MbdHhR92U86