2022 Tax and Filing Deadlines
8/1/2022 Employee Benefit Plans 9/15/2022 S-Corps and Partnerships Extension 9/30/2022 Trusts and Estates 10/17/2022 Individuals, C-Corps & FBAR Extension Have Questions? Call Us… (541) 889-5318
2021 Tax and Filing Deadlines
Employers are required to provide W-2 forms to employees by February 1, 2021. Contact our office if you have any questions or concerns about year-end tax reporting. 2/1/2021 W-2s and 1099-NEC 3/1/2021 1099 – MISC …
2019 Standard Mileage Rates Change for the Use of a Car
Beginning January 1, 2019, the standard mileage rates for the use of a car (vans, pickups or panel trucks) will be 58 cents per mile for business miles driven, up from 54.5 cents for 2018. …
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Meet Lonny Hytrek’s Team
Lonny Hytrek LONNY HYTREK Certified Public Accountant, Owner Becky Mathew Office Manager & Head of Accounting Kris Gibson Tax Data Input Specialist and Bookkeeper Jolynn Fugate Tax Data Input Specialist, Payroll Specialist, and Bookkeeper Want …
What is the New Qualified Business Income Deduction?
How does the new Qualified Business Income Deduction impact you? Replacing the Domestic Production Activity Deduction (DPAD), this new deduction allows individuals who meet the criteria to take an additional deduction of up to 20% of …
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Business Changes Under the New Tax Law 2018
2018 Tax Changes for Businesses include: Easing of depreciation rules: Section 179 expense limit increased to $1 million Bonus depreciation is increased to 100% on qualified property Fewer businesses required to use accrual basis: You …
Making Online Sales to Customers Outside of Idaho
Things to Know When Making Online Sales Outside of Idaho A recent Supreme Court ruling, South Dakota v. Wayfair, Inc., 585 U.S. ___ (2018), held by a 5-4 majority that states may charge tax on purchases made from out-of-state sellers, even if the …
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Fourth Quarter 2018 Tax Deadlines
Here are some of the key tax-related federal deadlines affecting businesses and other employers during the Fourth Quarter of 2018: 10/11/2018 Employees who work for tips: If you received $20 or more in tips during September, …
Third Quarter 2018 Tax Deadlines
Here are some of the key tax-related federal deadlines affecting businesses and other employers during the Third Quarter of 2018: 7/10/2018 Employees who work for tips: If you received $20 or more in tips during June, report …
How the Tax Cuts and Jobs Act May Impact You
Congress has passed the Tax Cuts and Jobs Act, the most sweeping tax reform since 1986. Here’s a brief review of some of the changes and how they may impact your taxes. What has always …