Hays CPA LLC

05/29/2026

States are turning to online sports betting to raise “voluntary” tax revenue — and some states (like Nebraska) plan to use it to lower property taxes. Surprising? Experts warn the windfall may not last. Want the full picture and what it could mean for you? Find out.

States are turning to sports betting to fund budgets and offset property taxes. Discover what this shift in behavior-based tax policy means for your finances.

05/28/2026

Don’t let start‑up costs become sunk costs. You could deduct up to $5,000 (plus $5,000 for organizational fees) in year one—surprising tax relief for new businesses. With the right records and start date, you can boost cash flow. Find out how to claim these deductions.

Learn how to maximize IRS deductions for business start-up and organizational costs. Hays CPA LLC helps you deduct pre-launch expenses effectively.

05/28/2026

The IRS released important updates and resources. Here is what you need to know:

1. Community Grants: Applications are open until July 6, 2026.
🔗 https://www.irs.gov/newsroom/apply-for-a-low-income-taxpayer-clinic-grant-to-serve-taxpayers-in-your-community

2. Join IRSAC: Applications are due by June 5, 2026.
🔗 https://www.irs.gov/newsroom/irs-requests-applications-for-2027-irsac-membership

3. Small Biz Support:
🔗 https://www.irs.gov/newsroom/irs-recognizes-importance-of-small-businesses-provides-helpful-resources

Need help applying these small business resources to your own tax strategy? Let's chat!

05/27/2026

Portland’s arts tax overhaul would exempt about one-third of current payers while raising rates for others—keeping revenue steady but simplifying collection. Curious how this could affect your wallet and reduce headaches? Find out.

Portland is changing its infamous arts tax. Learn how local tax restructuring impacts compliance, strategy, and what it means for taxpayers nationwide.

05/27/2026

🧐 It’s !

Do you have a burning financial question? Drop it in the comments, and it might be featured next Wednesday! 👇

05/26/2026

Frustrating to repay a signing bonus and still have paid taxes on it? You're not stuck. Under the Claim of Right rule you may recover those taxes — either as an itemized deduction or a tax credit. Learn which option could save you the most. Find out how.

Repaid a bonus or income you already paid taxes on? Discover how Staten Island's Hays CPA LLC uses the Claim of Right doctrine to recover your overpaid taxes.

05/26/2026

Happy ! 📉

It’s never too early (or too late) to start planning. If you are looking for a simple, effective way to lower your taxable income while building your future, consider maximizing your contributions to traditional retirement accounts like a 401(k) or a Traditional IRA.

💡 Why it works: Contributions to these accounts are often made pre-tax, meaning they deduct directly from your taxable income for the year.

Are you unsure which retirement vehicle is right for your tax situation? Let’s chat!

05/25/2026

Remembering and honoring the heroes who sacrificed everything for our freedom. Today, and every day, we are profoundly grateful.

Wishing everyone a meaningful Memorial Day from all of us at Hays CPA.

05/22/2026

June 15 is a major tax checkpoint: deposit May payroll taxes and make your corporation’s 2nd estimated payment to avoid steep IRS penalties. Surprised how quickly penalties can pile up? Find out.

Stay compliant this June 2026. Learn about key business tax deadlines for payroll deposits and corporate estimated taxes with Hays CPA LLC in Staten Island.

05/22/2026

Think a $70K hire costs $70K? Think again—fully loaded expenses (taxes, benefits, training, lost productivity) can push that to $90–100K. Before you hire, explore smarter, lower-risk options like fractional pros or outsourced CFO services. Find out how.

Discover the hidden costs of hiring employees and learn when outsourced CFO or controller services might be a smarter move for your growing business.

05/22/2026

June’s tax deadlines are here: Q2 estimated payments (6/15), expat filing rules, IRA valuations (Form 5498), and tip reporting. Missing them can mean penalties—did you know expats often get a June 15 deadline? Find out how to stay compliant and stress-free.

Discover critical June 2026 tax deadlines. Learn about Q2 estimated payments, expat filing extensions, and safe harbor rules to avoid IRS penalties.