Author Archives: LSL Staff

Inadequate INTERNAL CONTROLS Can Stunt Your Growth Potential

What, Why, Where, Who, When, and How + Recommendations! While LSL CPAs has posted about...

Wait…What? Tax Season All The Way Through October 16th? Please Don’t Wait!

Yes, you read that right.  Last Friday, the IRS issued IR 2023-33 that extended the...

Rules for Paying Your Kids to Work In Your Business

Recently, one of our clients wanted to know the rules for hiring their children in...

You’re Now Eligible for a 401(k) Audit: Five Documents You Need

Don’t wait until the last minute! Accountants really do like to make people’s lives easier....

CA Middle-Class Tax Refund: Are you eligible?

You Might Have a Holiday Gift AND It’s More Generous Than We Thought! What is...

Automating Segments of Your Business to Save Time and Money | PART TWO: Deciding What to Automate

Executive Summary  In Part One of the “Automating Segments of Your Business to Save Time...

Automating Segments of Your Business to Save Time and Money | PART ONE: Where Do You Start?

Executive Summary Today’s business world has changed. For that reason, minimizing the time on repetitive...

COVID Audit Options Local Government Agencies Should Know

2022 Compliance Supplement for Single Audits On May 12, 2022, the OMB (United States Office...

Recession-Proof Your Business with These 5 Strategies

There will always be peaks and valleys while building a business. Sometimes, world events can...

ERISA Section 103(a)(3)(C) Replaces the 401(k) Plan Limited Scope Audit – Your Questions Answered

The only thing constant is change. And now, the ERISA (Employee Retirement Income Security Act...

Top 5 Financial Management Habits That Help Grow Your Business

How Healthy is Your Company? With so many moving parts vital to the success of...

Five Reasons CPAs Should Use Tested Software Solutions for Creating Clients’ Financials

Executive Summary Many CPA firms prefer to use their own proprietary formats for their clients’...

Is Your City at Risk of a State Audit?

Is Your City at Risk of a State Audit? Each year, the California State Auditor...

Apps that Integrate with QuickBooks Online

Many apps work with QuickBooks Online, QBO. FREQUENTLY ASKED QUESTIONS What is an app? App...

Great News Found in the Final Ruling of SLFRF Funds!

The US Department of Treasury has issued their final ruling on SLFRF funds last week...