Category: Tax-Tip

Tax-Tip

What to Expect 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 Tax Guide

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

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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 faced a significant backlog of over 35 million individual and business income tax returns requiring manual processing, a result of an “unprecedented” number of returns needing additional review, according to the National Taxpayer Advocate. This “historically high” volume of returns awaiting manual review means that many individual

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Tax-Tip

What You Need To Know Before Filing Taxes

Due to significant changes in recent years, it’s more important than ever to start thinking about your tax situation with time on your side. Economic shifts and government policies have impacted the tax filing process, leading to changes that taxpayers need to be aware of. One notable adjustment has been

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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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