Author Archives: LSL Staff

Tax Planning Strategies for U.S. and Foreign Owned Companies

As businesses approach the last quarter of 2015 they have an opportunity to review the...

Equipment Write Off and Tax Considerations for Businesses

One of my manufacturing clients located in Santa Ana called with a “simple” question. “I...

Key Elements for Establishing an Efficient Inventory Cycle Count

Establishing an efficient and effective inventory cycle count process provides a Company with many benefits....

Congressional Tax Reform Examines A Territorial Vs. Worldwide Approach To International Taxation

In Washington D.C., Senators want to overhaul the current federal rules and regulations on international...

Estate Planning – Have Your Parents Planned for the Future and More Important, Shared It with You?

We’ve had numerous clients address their estate planning issues with us over the years. Some...

Congressman Paul Ryan Emphasizes Business Tax Reform In AICPA Speech

House Ways and Means Committee chairman Paul Ryan, the Republican congressman from Wisconsin, detailed his...

Get Ready to Apply for California’s Valuable Tax Credit!

The governor’s new tax credit package for businesses includes the California Competes Credit, a credit...

Top 5 Reasons for Implementing an Automated Inventory System

Manufacturers use inventory management software to automate the tracking of their inventory assets, including receiving...

Did You Receive a Tax Notice?

Every year, the IRS sends countless notices to taxpayers. Although this can be frightening, you...

Entity Selection for Investment Real Estate

There are a variety of entities for investing in real estate: sole proprietorship, C corporation, S...

Orange County Business Journal Features LSL Tax Consultant Yana Weaver In Roundtable Discussion

The Orange County Business Journal featured LSL CPAS international tax consultant Yana Weaver in a...

IRS Application Data Breach By Cyber Thieves Compromises Over 100,000 Taxpayer Accounts

On May 27, the Internal Revenue Service revealed a massive IRS application data breach of...

Delaware Statutory Trusts in connection with §1031 Exchange

A large part of the American Dream has always been to own real estate, whether...

Internal Controls for Wholesale and Distribution Business – 5 Things that You Should Know

Generally, in the wholesale and distribution industry, there is a tendency to rely on a...

Property Tax Exemption for Children

Gifting to your children is a wonderful way to get property out of your estate...