8/3/2020

Lobby Reopening Monday, August 3, 2020

Beginning Monday, August 3, 2020 we will reopen our lobby to clients with reduced business hours of Monday - Friday 9:00 AM - 4:00 PM. While clients will be able to visit our office for drop offs, pick ups, and scheduled appointments we will continue to strongly encourage email, mail, and phone conferencing where possible. Face coverings will be required for all clients entering our building and we ask that you do not enter if you have been sick within the prior 24 hours. Clients may still utilize the drop box on the front, right side of our building if they prefer to avoid physical contact when dropping items off at our office. If you have questions of need to schedule an appointment, please contact us at (859)986-1717, option 1.

6/9/2020

PPP Forgiveness Changes

To learn about changes regarding PPP forgiveness please click here.

3/30/2020

Helpful Links Amid COVID-19

U.S. Small Business Administration Disaster Assistance Link

Kentucky Unemployment Link

3/18/2020

Regarding COVID-19

Amid the developing COVID-19 situation, we would like for you, our valued friends and clients, to know that Davis & Hylton Accounting & Tax Service, PLLC and Davis & Hylton Payroll Services, Inc. are making it a top priority to ensure the protection of our clients and staff. While enhanced cleaning procedures and personal hygiene are likely enough to prevent the spread of disease, we are taking additional steps to minimize social contact and defend against illness.

 

Despite tax season being a crucial time for our business, we have made the decision to reduce the working hours of our staff to strictly a forty-hour week to keep them rested and their immune systems strong. Effective immediately, and until further notice, we will be closing our lobby to clients to encourage “social distancing”. Clients are, instead, encouraged to utilize alternative methods for submitting information to and receiving information from our office when possible. All in-person meetings will be suspended until further notice; however, clients may continue to schedule phone call appointments with both Steve and Kandi barring any future government restrictions.

 

Submission of tax documents, letters, and other information may be done through e-mail, mail, fax, or by texting pictures to our office cell phone at (859)582-8113. When necessary, clients may utilize the drop box at the front, right side of our building for delivering information or complete a “curbside drop-off” by contacting our Receptionist at (859)986-1717, option 7 when they arrive at our building. Effective March 19, 2020 and until further notice, all completed tax returns will be e-filed and copies will be mailed to clients at their address once the return has been signed and payment for our services has been received. Arrangements can be made for clients wishing to review their complete tax return prior to submission and clients with oversized tax documents (banker’s boxes, etc.) by discussing with us on an individual basis. In all circumstances, phone calls and emails will be necessary as alternatives to physical office visits.

 

If you have already filed, or still need to file your 2019 tax return, please be advised that the IRS has extended the deadline for payment on 2019 tax returns by 90 days. IRS tax payments will now be due July 15, 2020 instead of April 15, 2020. (Read more about this here: https://www.journalofaccountancy.com/news/2020/mar/90-day-delay-tax-payment-deadline-coronavirus-23197.html)

 

Traditionally, our office has been able to offer clients whose tax documents were received in their entirety by April 1 a guarantee of completion by the April 15 deadline, however, due to the extenuating circumstances of this year and the possibility for new developments, we can no longer offer that guarantee for this tax year. Extensions, free of charge, will be filed for any client whose tax return is not completed prior to April 15 and no consequences will be received from the IRS until after July 15, 2020.

 

We appreciate your patience and understanding as we continue to monitor the progression of COVID-19 and adjust our plans based on new information received. If you have questions, comments, or concerns, please reach out to us via phone or email using the following information:

 

Steve Davis – steve@davishylton.com

Kandi Hylton – kandi@davishylton.com

Phone – (859)986-1717, option 7

Text – (859)582-8113

12/11/2019

New W-4 Format for 2020

DISCLAIMER: Due to the complexity of the new 2020 Form W-4 (Employee’s Withholding Certificate) format, communicating changes and determining employee's personal selections will be challenging. Unfortunately, Davis & Hylton Accounting & Tax Service, PLLC and Davis & Hylton Payroll Services, Inc will no longer be able to advise employees or their employers how to fill out W-4s.

          The 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions. This is due to the federal tax law changes that took place in 2018. The Internal Revenue Service (IRS) is not requiring all employees to complete the revised form and has designed the withholding tables so that they will work with both the new and prior year forms. However, certain employees will be required to use the new form: those hired in 2020 and anyone who makes withholding changes during 2020.

Even though the IRS does not require all employees to complete the revised form and even if your tax situation has not changed, The APA (American Payroll Association) recommends you perform a “paycheck checkup” to see if you need to make adjustments to your current withholding. To conduct the checkup, you can use the IRS’s Tax Withholding Estimator (https://www.irs.gov/individuals/tax-withholding-estimator). To effectively use the estimator, it is helpful to have a copy of your most recent pay stub and tax return. It is likely that the estimator will be updated to account for the 2020 tax tables in early January. Please note: if you do not submit a new form, withholding will continue based on your previously submitted form.

Before completing the 2020 Form W-4, please read the instructions that are included with the form. You must complete Steps 1 and 5. Steps 2, 3, and 4 are optional, but completing them will help ensure that your federal income tax withholding will more accurately match your tax liability. Step 1 is for your personal information; Step 2 is for households with multiple jobs; Step 3 is used to claim tax credits for dependents; Step 4 is for other adjustments (additional income such as interest and dividends, itemized deductions that exceed the standard deduction, and extra tax you want withheld); and Step 5 is where you sign the form.

The IRS takes your privacy seriously and suggests that, if you are worried about reporting income from multiple jobs in Step 2 or other income in Step 4(a), you check the box in Step 2(c) or enter an additional withholding amount in Step 4(c). To determine the additional withholding amount, you can use the withholding estimator. The IRS has also published Frequently Asked Questions that you may find helpful as you complete the form (https://www.irs.gov/newsroom/faqs-on-the-draft-2020-form-w-4).

For the new 2020 W-4 form, please CLICK HERE.

9/2/2019

Office Closure
September 2, 2019

Our office will be closed Monday, September 2, 2019. We will reopen on Tuesday, September 3, 2019 at 8:30 AM. We apologize for any inconvenience this closure may cause.


If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

11/27/2019

Holiday Office Closures November 2019

Our office will close at 12:00 PM on Wednesday, November 27, 2019 and remain closed through Friday, November 29, 2019. We will reopen on Monday, December 2, 2019 at 8:30am. We apologize for any inconvenience this may cause.
If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

6/10/2019

New Phone System

We are pleased to announce that, effective today, our new phone system is live! A detailed menu prompt will now guide you in selecting the appropriate staff member for your question and, best of all, you will be able to connect directly with that person without holding or explaining your question multiple times! You will also now be able to leave direct voicemails for staff members any time of day! We're so happy to offer you this new feature as part of our continued efforts to provide you with a superior tax, accounting, and payroll experience!

4/16/2019

Office Closure
April 16, 2019

Our office will be closed Tuesday, April 16, 2019. We will reopen on Wednesday, April 17, 2019 at 8:30 AM. We apologize for any inconvenience this closure may cause.


If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

12/10/2018

Modified Office Hours for December 10, 2018

Our office will be closing at 2:30PM on Monday, December 10th, 2018. We will reopen at 8:30AM on Tuesday, December 11th, 2018. We apologize for any inconvenience this may cause.

11/21/2018

Holiday Office Closures November 2018

Our office will close at 12:00 PM on Wednesday, November 21, 2018 and remain closed through Friday, November 23, 2018. We will reopen on Monday, November 26, 2018 at 8:30am. We apologize for any inconvenience this may cause.
If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

10/16/2018

Office Closure Monday, December 10, 2018

Our office will be closing at 2:30 PM on  Monday, December 10, 2018. We will reopen on Tuesday, December 11, 2018 at 8:30am. We apologize for any inconvenience this may cause.
If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

10/16/2018

Holiday Office Closures November 2018

Our office will close at 12:00 PM on Wednesday, November 21, 2018 and remain closed through Friday, November 23, 2018. We will reopen on Monday, November 26, 2018 at 8:30am. We apologize for any inconvenience this may cause.
If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

7/3/2020

Office Closure - Friday, July 3, 2020

In observance of Independence Day, our office will be closed Friday, July 3, 2020. All phone messages and e-mails will be returned as soon as possible when we resume work on Monday, July 6, 2020. Please remember that our lobby remains closed due to COVID-19, but items may be dropped off in our drop box (gold mail slot on front, right side of our building) at any time. We appreciate your understanding and wish you all a happy, safe holiday weekend!

5/6/2020

COVID-19 Update

Beginning Monday, 5/11/2020 our

LOBBY WILL REMAIN CLOSED

however we will

RESUME CLIENT MEETINGS BY APPOINTMENT ONLY

during normal business hours.

Tuesday – Thursday 8:30 AM – 4:30 PM
Please call us at

(859)986-1717, Option 1

to schedule an appointment.

Phone appointments are strongly encouraged, but in-person meetings are available by request.

3/26/2020

COVID-19 Update - We are now #HealthyatHome

For the health and safety of our employees and their families, Davis & Hylton Accounting & Tax Service, PLLC and Davis & Hylton Payroll Services, Inc. have made the difficult decision to be #HealthyatHome. Beginning Friday, March 27, 2020 we will no longer be accepting curbside drop-offs, however clients can utilize mail, email, fax, and the dropbox on the front, right side of our building for submitting information. Confidentiality and the protection of our client information is of the utmost importance to us so, for this reason, only the most essential business functions will continue during this period. Payroll services will continue to be provided and clients with completed tax returns will still be contacted to make arrangements for payment and the mailing of copies. Clients are strongly encouraged to utilize email for any questions or concerns during this period but may leave messages for our staff by calling (859)986-1717. Please understand that every effort will be made to return phone calls and reply to emails as quickly as possible, but working from home may affect our response times. We ask for your patience and understanding as we all weather this storm together. #TogetherKY #TeamKentucky

12/24/2019

Holiday Office Closures December 2019

Our office will be closed Tuesday, December 24, 2019 through Wednesday, January 1, 2020. We will reopen on Thursday, January 2, 2020 at 8:30am. We apologize for any inconvenience this may cause.
If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

12/12/2019

Modified Office Hours for December 12, 2019

Our office will be closing at 2:30PM on Thursday, December 12th, 2019. We will reopen at 8:30AM on Friday, December 13th, 2019. We apologize for any inconvenience this may cause.

12/2/2019

Annual Client Appreciation Week - Monday, December 2, 2019 through Friday, December 6, 2019

Our Annual Client Appreciation week is a chance for us to say thank you to those who make our jobs possible. Refreshments are served daily and each visitor will receive a small gift. Attendees may register to win 2 Tickets to the University of Kentucky Men's Basketball game vs. the Georgia Tech Yellow Jackets on Saturday, December 14, 2019. All entries for the ticket raffle must enter in person. Raffle will be held on Friday, December 6th at 3:30 PM.

7/9/2019

New Phone System Menu Options

With the new phone system now in place, we thought it might be beneficial to our friends and clients to provide a written list of the menu options you'll hear when you call our office. These options have been carefully designed to put you in contact with the right person for your questions at just the touch of a button. The phone script is as follows:

Thank you for calling Davis & Hylton Accounting & Tax Service and Davis & Hylton Payroll Services. If you know your party’s extension you may dial it at any time. Please choose from the following options:
- For Davis & Hylton Payroll Services or to speak with Elizabeth, please press 1
- For Sales Tax, Financial Statements, QuickBooks, or to speak with Christi, please press 2
- For Tax questions or to speak with Ben, please press 3
- For Billing, Payments, Advertising, or to speak with Casey, please press 4
- To speak with Brandi, please press 5.
- To speak with Robin, please press 6.
- For all other questions, to speak with an accountant, or to schedule an appointment, please press 7.

If you are uncertain which option best suits your needs, please select option number 7 and our receptionist, Tara, can direct your call to the appropriate person.

5/27/2019

Office Closure Monday, May 27th, 2019

In observance of Memorial Day, our office will be closed Monday, May 27th, 2019. We will re-open at 8:30 am on Tuesday, May 28th, 2019. We apologize for any inconvenience this may cause.


If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

12/24/2018

Office Closures  December 24, 2018 through January 1, 2019

Our office will be closed Monday, December 24, 2018 through Tuesday, January 1, 2019. We will reopen on Wednesday, January 2, 2019 at 8:30 AM. We apologize for any inconvenience these closures may cause and wish you a happy holiday season.


If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

11/29/2018

Modified Office Hours for November 29, 2018

Our office will be closed until 9:00 AM on Thursday, November 29th, 2018. We apologize for any inconvenience this may cause.

10/16/2018

Holiday Office Closures December 2018

Our office will be closed Monday, December 24, 2018 through Tuesday, January 1, 2019. We will reopen on Wednesday, January 2, 2019 at 8:30am. We apologize for any inconvenience this may cause.
If you have not already made arrangements with us regarding your payroll(s) for this period, please contact us as soon as possible.

10/16/2018

Annual Client Appreciation Week - Monday, December 3, 2018 through Friday, December 7, 2018

Our Annual Client Appreciation week is a chance for us to say thank you to those who make our jobs possible. Refreshments are served daily and each visitor will receive a small gift. Attendees may register to win 2 Tickets to the University of Kentucky Men's Basketball game vs. the Utah Utes on Saturday, December 15, 2018. All entries for the ticket raffle must enter in person. Raffle will be held on Friday, December 7th at 3:30 PM.

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