Home › Ask a CPA › Texas › Hill
CPAs WHO TRULY HAVE YOUR BACK

Hill County, Texas: Your Trusted Advisor for Tax Planning and Preparation in D.C.

Got a tax question?

Ask our licensed CPA team. Responses within 1 business day.

Group Chat Icon

Step 1/2

Are you self-employed?

This includes freelancers and business owners.

⚡️ Powered by

Want to add this helpful tool to your personal blog?
</>Embed this widget
Stephanie
Legal
Q. I'm about to take a part time job. The job will require travel about once a month. They want to pay me a thousand dollar a month tax exempt stipend rather than reimburse me. I would pay taxes on anything remaining from the stipend. Is this allowed? Can they give me a 1099 for the stipend?
You will not be taxed on tax-exempt stipends. Yet, receiving a 1099 could trigger self-employment taxes. If you receive a 1099, you have the option to deduct relevant expenses on your tax return. Trust this aids in understanding.
Amanda **
Blogger
Q. Hi, I founded an online publication and media collective and partnered with the Las Vegas Library District where I'm facilitating connections between the artists in my directory and the library district. They have selected 4 artists to conduct community workshops and I have been facilitating coordination. The library is going to pay my LLC and I will then transfer the payments to the artists, preferrably via ACH or a Venmo. However, for the artists who I will be transferring over $600 to, what would be my LLC's tax implications? Essentially, I'm simply the middle man accepting the payment on their behalf and then transferring accordingly. But unfortunately, for the artists' tax purposes, I presume they'll need a 1099 from my LLC. I just want to make sure I'm doing everything legally even though I'm not profiting from the partnership financially. Thank you so very much for your guidance!
Individual artists receiving payments exceeding $600 should be issued Form 1099-NEC by January 31 of the following year. Use Form W-9 to collect the artist's name, address, and Taxpayer Identification Number (TIN). Report the total payments on Form 1099-NEC.
Pamela *******
Healthcare professional
Q. Hi, a divorce judge ordered my ex husband, alone, to pay any amounts we have due to the irs for 2019, 2020 and 2021. I understand the irs doesn’t care what our divorce decree says, and they still hold me liable to pay. I submitted an irs Innocent Spouse Relief form to the irs for 2019 and 2020. However I can’t submit the relief form for 2021 bc the ex never filed those taxes. If I file now for 2021, married separately, I won’t be eligible for irs innocent spouse relief bc I must file married jointly to be eligible. I don’t know what to do.
In the event that your question involves intricate legal matters, it may be beneficial to consult with a tax attorney. Unfortunately, we do not currently offer those services. Please contact us if you need any additional support. Team FlyFin.
Tina ***************
Healthcare professional
Q. I have already calculated my deductible expenses for 2023 and I was getting ready to send them to my long time CPA (who moved across the country) and I found your service. Can I skip the AI for 2023 and just upload the numbers? Then give access for 2024? FYI, I have been a psychotherapist in private practice for 20+ years, so I know my deductibles. Thanks.
Opt to forgo the AI for 2023 and upload your deductible expenses immediately. Link your account and include the required documents in the "other docs" category for processing. Contact us if you need any assistance. - Team FlyFin
Cash *********
Healthcare professional
Q. Hello, I know you can do a 1031 exchange with a investment property. My question is how can you make that happen with a home that is currently your primary home? Do you simply have to live somewhere else for a certain time period to have that home no longer be designated the primary home? Thank you!
Seeking guidance from a professional is advised when converting your primary residence into an investment property for a 1031 exchange, as our focus is on tax filing. It is not recommended to proceed with a 1031 exchange if the property is currently your primary home. - Team FlyFin
Ashu ******
Seller (Online or independent seller)
Q. Inquiry Regarding Tax Filing for Wyoming LLC with Foreign Single Owner Hello, I hope this email finds you well. I am reaching out to seek your expertise regarding tax filing for a Limited Liability Company (LLC) registered in Wyoming with a foreign single owner. The LLC primarily operates as an outsourcing and remote staffing provider, offering services predominantly from India. Despite having zero revenue generated thus far, I am seeking clarification on the taxation implications for such a company. Specifically, I am interested in understanding if there is a revenue threshold beyond which US taxes become applicable. Additionally, I would like to inquire about the process and costing for filing the 2023 tax return for the LLC. Your earliest response would be greatly appreciated as I aim to ensure compliance and plan accordingly. Thank you for your time and attention to this matter. I look forward to hearing from you soon. Warm regards, Ashu
Annual submission of IRS Forms 5472 and 1120 is required for a Wyoming LLC with a foreign single owner to report related party transactions, even in the absence of income.
Stephanie
Legal
Q. I'm about to take a part time job. The job will require travel about once a month. They want to pay me a thousand dollar a month tax exempt stipend rather than reimburse me. I would pay taxes on anything remaining from the stipend. Is this allowed? Can they give me a 1099 for the stipend?
You will not be taxed on tax-exempt stipends. Yet, receiving a 1099 could trigger self-employment taxes. If you receive a 1099, you have the option to deduct relevant expenses on your tax return. Trust this aids in understanding.
Amanda **
Blogger
Q. Hi, I founded an online publication and media collective and partnered with the Las Vegas Library District where I'm facilitating connections between the artists in my directory and the library district. They have selected 4 artists to conduct community workshops and I have been facilitating coordination. The library is going to pay my LLC and I will then transfer the payments to the artists, preferrably via ACH or a Venmo. However, for the artists who I will be transferring over $600 to, what would be my LLC's tax implications? Essentially, I'm simply the middle man accepting the payment on their behalf and then transferring accordingly. But unfortunately, for the artists' tax purposes, I presume they'll need a 1099 from my LLC. I just want to make sure I'm doing everything legally even though I'm not profiting from the partnership financially. Thank you so very much for your guidance!
Individual artists receiving payments exceeding $600 should be issued Form 1099-NEC by January 31 of the following year. Use Form W-9 to collect the artist's name, address, and Taxpayer Identification Number (TIN). Report the total payments on Form 1099-NEC.
Pamela *******
Healthcare professional
Q. Hi, a divorce judge ordered my ex husband, alone, to pay any amounts we have due to the irs for 2019, 2020 and 2021. I understand the irs doesn’t care what our divorce decree says, and they still hold me liable to pay. I submitted an irs Innocent Spouse Relief form to the irs for 2019 and 2020. However I can’t submit the relief form for 2021 bc the ex never filed those taxes. If I file now for 2021, married separately, I won’t be eligible for irs innocent spouse relief bc I must file married jointly to be eligible. I don’t know what to do.
In the event that your question involves intricate legal matters, it may be beneficial to consult with a tax attorney. Unfortunately, we do not currently offer those services. Please contact us if you need any additional support. Team FlyFin.
Tina ***************
Healthcare professional
Q. I have already calculated my deductible expenses for 2023 and I was getting ready to send them to my long time CPA (who moved across the country) and I found your service. Can I skip the AI for 2023 and just upload the numbers? Then give access for 2024? FYI, I have been a psychotherapist in private practice for 20+ years, so I know my deductibles. Thanks.
Opt to forgo the AI for 2023 and upload your deductible expenses immediately. Link your account and include the required documents in the "other docs" category for processing. Contact us if you need any assistance. - Team FlyFin

Find the best CPA for you

STEP 1/2

Are you a freelancer or self-employed?

Yes

No

RECOMMENDED

STANDARD

CPAs file 2022 taxes (Federal & State)

$20/mo

Save 20% Limited time offer

$16/mo

Billed annually. 7-day free trial. Cancel anytime.

Try it free

What's included

Everything in Basic +

CPAs file 2022 taxes for the
Self Employed -federal & state

Tax Audit Insurance

PREMIUM

CPAs file 1099 + LLC or S Corp returns

$41/mo

Save 30% Limited time offer

$29/mo

Billed annually. 7-day free trial. Cancel anytime.

Try it free

What's included

Everything in Standard +

CPAs file 2022 taxes for the
Self Employed and LLC or S Corp.

Designated CPA - Zoom call

CPAs file taxes for you

7-day free trial

Billed annually

Start for free

Why choose a FlyFin CPA?🤔

Facts and figures about
Hill County, Texas

texas
population

36,471

County Population

population

Hillsboro

County Seat

population

962 sq mi

County area

population

8.25%

Hill County sales tax rate

😵‍💫 1 CPA for every 300 people in Texas = high CPA charges

😓 19 million Americans missed the tax filing deadline last year

😨 30 million people miss tax deductions without expert help

😣 Almost 50% of Americans end up overpaying

Download now

Texas State Income Tax Rates & Brackets for 2023

The following tables represents Texas's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

n.a

none

MARRIED FILING JOINTLY

Brackets

Rates

n.a

none

Filing Status

Standard Deduction Amt.

Single

n.a.

Couple

#VALUE!

Hill county Sales Tax Rates for 2023

City

Sales Tax Rate

Tax Jurisdiction

Hillsboro

8.25%

Carl's Corner

Whitney

8.25%

Whitney

Itasca

8.25%

Itasca

Hubbard

8.25%

Hubbard

Covington

8.25%

Covington

Blum

8.25%

Blum

Abbott

8.25%

Hill

Aquilla

8.25%

Aquilla

Mount Calm

8.25%

Mount Calm

Bynum

8.25%

Bynum

Irene

7.75%

Hill Co Esd 2A Sp

Malone

8.25%

Malone Mdd Sp

Brandon

7.75%

Hill Co Esd 2A Sp

Mertens

8.25%

Mertens

Penelope

8.25%

Penelope

Frequently Asked Questions

How does online tax filing in Hill County Texas work?

How is a CPA defined in Hill County Texas?

What exactly CPAs in Hill County Texas do?

What do FlyFin CPAs do?

Ask a CPA in other Counties of Texas

Ask a CPA in AndersonAsk a CPA in AndrewsAsk a CPA in AngelinaAsk a CPA in AransasAsk a CPA in ArcherAsk a CPA in ArmstrongAsk a CPA in AtascosaAsk a CPA in AustinAsk a CPA in BaileyAsk a CPA in BanderaAsk a CPA in BastropAsk a CPA in BaylorAsk a CPA in BeeAsk a CPA in BellAsk a CPA in BexarAsk a CPA in BlancoAsk a CPA in BordenAsk a CPA in BosqueAsk a CPA in BowieAsk a CPA in BrazoriaAsk a CPA in BrazosAsk a CPA in BrewsterAsk a CPA in BriscoeAsk a CPA in BrooksAsk a CPA in BrownAsk a CPA in BurlesonAsk a CPA in BurnetAsk a CPA in CaldwellAsk a CPA in CalhounAsk a CPA in CallahanAsk a CPA in CameronAsk a CPA in CampAsk a CPA in CarsonAsk a CPA in CassAsk a CPA in CastroAsk a CPA in ChambersAsk a CPA in CherokeeAsk a CPA in ChildressAsk a CPA in ClayAsk a CPA in CochranAsk a CPA in CokeAsk a CPA in ColemanAsk a CPA in CollinAsk a CPA in CollingsworthAsk a CPA in ColoradoAsk a CPA in ComalAsk a CPA in ComancheAsk a CPA in ConchoAsk a CPA in CookeAsk a CPA in CoryellAsk a CPA in CottleAsk a CPA in CraneAsk a CPA in CrockettAsk a CPA in CrosbyAsk a CPA in CulbersonAsk a CPA in DallamAsk a CPA in DallasAsk a CPA in DawsonAsk a CPA in De WittAsk a CPA in Deaf SmithAsk a CPA in DeltaAsk a CPA in DentonAsk a CPA in DickensAsk a CPA in DimmitAsk a CPA in DonleyAsk a CPA in DuvalAsk a CPA in EastlandAsk a CPA in EctorAsk a CPA in EdwardsAsk a CPA in El PasoAsk a CPA in EllisAsk a CPA in ErathAsk a CPA in FallsAsk a CPA in FanninAsk a CPA in FayetteAsk a CPA in FisherAsk a CPA in FloydAsk a CPA in FoardAsk a CPA in Fort BendAsk a CPA in FranklinAsk a CPA in FreestoneAsk a CPA in FrioAsk a CPA in GainesAsk a CPA in GalvestonAsk a CPA in GarzaAsk a CPA in GillespieAsk a CPA in GlasscockAsk a CPA in GoliadAsk a CPA in GonzalesAsk a CPA in GrayAsk a CPA in GraysonAsk a CPA in GreggAsk a CPA in GrimesAsk a CPA in GuadalupeAsk a CPA in HaleAsk a CPA in HallAsk a CPA in HamiltonAsk a CPA in HansfordAsk a CPA in HardemanAsk a CPA in HardinAsk a CPA in HarrisAsk a CPA in HarrisonAsk a CPA in HartleyAsk a CPA in HaskellAsk a CPA in HaysAsk a CPA in HemphillAsk a CPA in HendersonAsk a CPA in HidalgoAsk a CPA in HockleyAsk a CPA in HoodAsk a CPA in HopkinsAsk a CPA in HoustonAsk a CPA in HowardAsk a CPA in HudspethAsk a CPA in HuntAsk a CPA in HutchinsonAsk a CPA in IrionAsk a CPA in JackAsk a CPA in JacksonAsk a CPA in JasperAsk a CPA in Jeff DavisAsk a CPA in JeffersonAsk a CPA in Jim HoggAsk a CPA in Jim WellsAsk a CPA in JohnsonAsk a CPA in JonesAsk a CPA in KarnesAsk a CPA in KaufmanAsk a CPA in KendallAsk a CPA in KenedyAsk a CPA in KentAsk a CPA in KerrAsk a CPA in KimbleAsk a CPA in KingAsk a CPA in KinneyAsk a CPA in KlebergAsk a CPA in KnoxAsk a CPA in La SalleAsk a CPA in LamarAsk a CPA in LambAsk a CPA in LampasasAsk a CPA in LavacaAsk a CPA in LeeAsk a CPA in LeonAsk a CPA in LibertyAsk a CPA in LimestoneAsk a CPA in LipscombAsk a CPA in Live OakAsk a CPA in LlanoAsk a CPA in LovingAsk a CPA in LubbockAsk a CPA in LynnAsk a CPA in MadisonAsk a CPA in MarionAsk a CPA in MartinAsk a CPA in MasonAsk a CPA in MatagordaAsk a CPA in MaverickAsk a CPA in MccullochAsk a CPA in MclennanAsk a CPA in McmullenAsk a CPA in MedinaAsk a CPA in MenardAsk a CPA in MidlandAsk a CPA in MilamAsk a CPA in MillsAsk a CPA in MitchellAsk a CPA in MontagueAsk a CPA in MontgomeryAsk a CPA in MooreAsk a CPA in MorrisAsk a CPA in MotleyAsk a CPA in NacogdochesAsk a CPA in NavarroAsk a CPA in NewtonAsk a CPA in NolanAsk a CPA in NuecesAsk a CPA in OchiltreeAsk a CPA in OldhamAsk a CPA in OrangeAsk a CPA in Palo PintoAsk a CPA in PanolaAsk a CPA in ParkerAsk a CPA in ParmerAsk a CPA in PecosAsk a CPA in PolkAsk a CPA in PotterAsk a CPA in PresidioAsk a CPA in RainsAsk a CPA in RandallAsk a CPA in ReaganAsk a CPA in RealAsk a CPA in Red RiverAsk a CPA in ReevesAsk a CPA in RefugioAsk a CPA in RobertsAsk a CPA in RobertsonAsk a CPA in RockwallAsk a CPA in RunnelsAsk a CPA in RuskAsk a CPA in SabineAsk a CPA in San AugustineAsk a CPA in San JacintoAsk a CPA in San PatricioAsk a CPA in San SabaAsk a CPA in SchleicherAsk a CPA in ScurryAsk a CPA in ShackelfordAsk a CPA in ShelbyAsk a CPA in ShermanAsk a CPA in SmithAsk a CPA in SomervellAsk a CPA in StarrAsk a CPA in StephensAsk a CPA in SterlingAsk a CPA in StonewallAsk a CPA in SuttonAsk a CPA in SwisherAsk a CPA in TarrantAsk a CPA in TaylorAsk a CPA in TerrellAsk a CPA in TerryAsk a CPA in ThrockmortonAsk a CPA in TitusAsk a CPA in Tom GreenAsk a CPA in TravisAsk a CPA in TrinityAsk a CPA in TylerAsk a CPA in UpshurAsk a CPA in UptonAsk a CPA in UvaldeAsk a CPA in Val VerdeAsk a CPA in Van ZandtAsk a CPA in VictoriaAsk a CPA in WalkerAsk a CPA in WallerAsk a CPA in WardAsk a CPA in WashingtonAsk a CPA in WebbAsk a CPA in WhartonAsk a CPA in WheelerAsk a CPA in WichitaAsk a CPA in WilbargerAsk a CPA in WillacyAsk a CPA in WilliamsonAsk a CPA in WilsonAsk a CPA in WinklerAsk a CPA in WiseAsk a CPA in WoodAsk a CPA in YoakumAsk a CPA in YoungAsk a CPA in ZapataAsk a CPA in Zavala

Ask a CPA in Cities of Hill

What’s FlyFin?

FlyFin caters to the tax needs of freelancers, gig workers, independent contractors and sole proprietors. Using a powerful A.I., FlyFin tracks all your business expenses automatically. But anyone can file taxes through FlyFin! Our CPA team files a guaranteed 100% accurate tax return for you – to save you a couple thousand dollars and a ton of time on your taxes. You can download the FlyFin app and have your taxes filed in less than 15 minutes, saving you time and money.
https://dem95u0op6keg.cloudfront.net/image/PriceCalculator.webp

Expert tax CPAs ensure 100% accurate tax filing

https://dem95u0op6keg.cloudfront.net/image/AiBrain.webp

A.I. finds every tax deduction eliminating 95% of your work

https://dem95u0op6keg.cloudfront.net/image/MoneySack.webp

On average users save $3,700

rightCTAImage