Hylander CPA Firm PLLC

Funding Update

SBA not accepting new loan applications as of April 16, 2020, but additional funds expected to be appropriated early next week

CARES Act Update for Individuals

CARES Act Update for Individuals

The following represents a summary of the recently signed into law CARES Act—also referred to as the Stimulus Packag...

Tax Update Announcement - 03/27/2020

Tax Update Announcement

In an effort to provide continued clarity around changes to tax law, we are offering this update to our previous tax announce...

COVID-19 Update

COVID-19 Update - Yesterday initial guidance was issued in regards to the Emergency Family and Medical Leave Expansion Act (EFMLEA) and the Emergency...

Security during COVID-19

Security during COVID-19 - With all the information floating around about COVID-19, please be careful about clicking on links in emails. There are a L...

Coronavirus Update 1

~~ UPDATES ~~

On March 20, 2020, Treasury Secretary Mnuchin automatically postponed the deadline for filing Federal income tax returns and making Fed...

Coronavirus Update 2

Coronavirus Update - Hylander CPA Firm is devoted to the health and safety of our team, our clients, and our community.

Coronavirus Update 3

Coronavirus Update - Hylander CPA Firm will continue business as usual.

BEWARE - IRS to make personal visits to taxpayers

In an Information Release and Fact Sheet, IRS has announced that it is increasing the use of data analytics, research and new compliance strategies, i...

Tax Tips for the Self-Employed Age 50 and Older

If you are self-employed, you have much to think about as you enter your senior years, and that includes retirement savings and Medicare. Here a few t...

IRS Issues New Bitcoin Tax Guidance

The IRS recently issued new cryptocurrency guidance and is hot on your trail if you bought and sold cryptocurrency and didn’t report it on your tax re...

Does No 1099 Mean No Deduction for You?

Imagine this: you didn’t issue Form 1099s to your contractors. Now, the IRS is auditing your tax return, and the auditor claims you lose your deductio...

Are Business Meals still deductible?

Here’s good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated with” requirements from business me...

Taxpayer Saved 15 Hours of Paperwork, Lost $35,000 to the IRS

We know that you don’t like it. But you have to accept it.

You are in a business and personal partnership with the government. One portion of your p...

1099-MISC Information Reporting

The deadline for filing Forms 1099 for payments made to your vendors in 2018 is January 31, 2019!