Author Archives: LSL Staff

Looking At The Impact Of The Affordable Care Act On Your Business

LSL CPAs wants to begin to explain the impact of the Affordable Care Act and...

How The Affordable Care Act Will Impact Your Business Tax Filings

LSL CPAs examines the impact of the Patient Protection and Affordable Care Act and the...

The Impact Of The Affordable Care Act On Individual Tax Returns

The tax team at LSL CPAs examines the impact of the Patient Protection and Affordable...

IRS Foreign Tax Credit Compliance Issues And Why You Need The Help Of A Foreign Tax Consultant (Part 2)

IRS foreign tax credit compliance issues are a literal maze of complexity. As explained in...

About IRS Foreign Tax Credits And Why You Need The Expert Support Of A Foreign Tax Consultant (Part 1)

IRS foreign tax credits are designed to reduce your tax liability if you are required...

National Taxpayer Advocate Critical Of IRS Offshore Disclosure Programs And Resulting FBAR Penalties

As a vocal advocate for taxpayer rights, the National Taxpayer Advocate Nina Olson has strongly...

Unreported Foreign Bank Accounts Post-FACTA Lead To IRS Revelations And Criminal Convictions

Unreported foreign bank accounts are trouble in the 21st Century. After the adoption of FACTA...

LSL CPAs Business Filing Report Regarding Repair Regulations Updated February 13, 2015

An important update for business tax filings in relation to IRS Repair Regulations from the...

IRS Update To 2014 Form 1042 Instructions Underscore The Need For Accounting Help For Foreign Taxpayers

The IRS updated the Form 1042 instructions for 2014. The updates as described below by...

5 Trends in Real Estate for 2015

LSL is a full service accounting firm that can provide accounting and tax services for...

Will the New IRS Repair Regulations Affect Your Business

The Internal Revenue Service has finally issued regulations clarifying when costs related to fixed assets...

The New IRS Repair Regulations and How They Affect Your 2014 Tax Return

The IRS has issued final, comprehensive “repair regulations” that affect both real and personal property...

3 Reasons Why LSL CPAs Tax Team Recommends FBAR Reporting Of Foreign Financial Accounts

The international tax team at LSL CPAs wants to make it perfectly clear to our...

Tax Increases on the Horizon?

President Obama has proposed a couple of tax changes that will hurt upper income taxpayers...

Important IRS Updates On Special Foreign Assets Reporting In Light Of The Foreign Account Tax Compliance Act

If you are required to report interests in foreign assets to the IRS, the international...