Hiltzik CPA, PLLC
A licensed U.S. CPA for returns that are no longer routine.
Real estate and short-term rental tax, foreign-owned U.S. LLCs, Puerto Rico Act 60 and cross-border work, alongside the ordinary tax, accounting and payroll work a business needs. The CPA on your engagement is the one who signs the return.
Where we go deep
Four areas where the work is specialized and the rules are easy to get wrong. Where the work is standard enough for a fixed fee, the fee is published on the page.
Real estate investors
Rental portfolios in any state you own in, depreciation and the Form 3115 catch-up, passive losses and real estate professional status, and the recapture modeled before a sale rather than after.
Short-term rental tax
Whether you qualify for short-term rental treatment, a cost segregation study implemented correctly on your return, the bonus depreciation election, and participation records that hold up if anyone asks. We will tell you when it is not a fit.
Form 5472 & pro forma 1120
Information filings for foreign-owned U.S. LLCs, current year or delinquent. Published fixed fees, and every filing is prepared and signed by a licensed U.S. CPA.
Puerto Rico Act 60
Decree applications and the annual compliance that keeps them intact. We model the pre-2027 and post-2026 tracks against your actual assets and timeline first. If the answer is that you should wait, we say so.
Tax, accounting and compliance
The recurring work behind a business that runs properly. Scoped and quoted individually.
Tax preparation & planning
Federal, state and multi-state returns for individuals and businesses, with planning done during the year rather than in April.
S corporation owners
The reasonable compensation position documented when it is set rather than defended afterwards, stock and debt basis carried forward on Form 7203 every year, and the 1120-S prepared alongside the owner’s own return.
Bookkeeping, payroll & reporting
Monthly bookkeeping and financial statements closed on a set schedule, with payroll processing, filings and registrations run alongside.
Entity formation
Choosing and forming the right structure, with the tax elections made correctly and on time.
Equity compensation
RSUs, options and ESPP: withholding that is rarely enough, when to sell, and planning the year around a vest.
Crypto & active trader tax
Cost basis reconciled across exchanges and brokerages, staking and DeFi income reported for what it is, and trader tax status modeled before the section 475(f) election is made rather than after. Form 1099-DA now reports gross proceeds for you, but basis on anything you acquired before 2026 is still yours to reconstruct.
Taxpayer representation
Notices, examinations and collections handled directly with the IRS and state authorities on your behalf.
International tax
Americans abroad and cross-border entities: foreign tax credits, the foreign earned income exclusion, FBAR and treaty positions. We prepare the U.S. side and coordinate with your local advisor.
How we work
Prepared in house
Returns are prepared in house and reviewed and signed by a licensed CPA.
Scope and fee agreed first
You know what is included and what it costs before work starts. Where we publish a price, that is the price for that scope.
Planning before the return
The useful decisions are made before the return exists, so we talk while they are still open.
Positions we can defend
Everything filed is something we would be comfortable explaining to an examiner, with the documentation to support it.
Not sure which of these you need?
Most first conversations are about working out what the actual problem is. Thirty minutes is usually enough to tell you what you are dealing with, whether we are the right firm for it, and roughly what it costs.