Category: Tax-Tip

Tax-Tip

What to Expect in 2023 in Small Business Taxes

As a small business owner, tax season can be a stressful time. With the ever-changing regulations and tax laws, it’s easy to feel overwhelmed and unsure about how to navigate the tax landscape. However, with the right guidance and support, tax season doesn’t have to be a daunting task. At

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New Business

Top 10 Mistakes Business Owners Make

Running a business is stressful. A lot of things can be overlooked, so, we have compiled a list of common mistakes in the business world.    Not Using Business Consulting Business Consulting services are beneficial to any company. If you feel like your business is stuck in a rut and

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Tax-Tip

The Complete Guide For 2022 Taxes

Tax Guide Tax season can be confusing and stressful, not everyone has the time or knowledge to organize their taxes themselves. At Hylen, we offer tax services that can make filing your taxes quick and easy. Keep reading to learn tips and important information to help you file your 2022

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Accounting

Accounting For Your Online Business: What You Need To Know

As online shopping continues to expand and become the main source for many to purchase products and services, online businesses need to track their sales and stay on top of their finances. Whether an online business is new or well-established, it’s important to understand the finances behind the business, the

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Tax-Tip

IRS BACKLOG OF TAX RETURNS HITS 35 MILLION

The IRS has ended the filing season with a backlog of over 35 million individual and business income tax returns that require manual processing, after facing an “unprecedented” number of returns requiring manual review, according to the National Taxpayer Advocate. The “historically high” number of returns requiring manual review means

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Tax-Tip

2020 Taxes: What You Need To Know Before Filing

Due to Covid-19 and many other things, a lot has changed for the 2020 tax season, and now more than ever it’s important to start thinking about your tax situation while you still have time on your side. As the pandemic still plays a significant role in our economy, the

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Accounting

COVID-19: Updated Tax Filing Facts

With the current COVID-19 pandemic, many of us are finding ourselves doing more virtually. From meetings to happy hours, we are doing more online – including our taxes. In a period of time where most Americans are usually concerned about tax filing, there are now new accommodations as a result

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How to prepare for tax season

With tax season upon us, many are stressed and concerned about filing properly. There are a few things one can do in order to make the process of filing taxes a bit easier and maybe even enjoyable! First, you must determine your filling date since some small business tax returns

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