Socials
  • Facebook
  • Twitter
  • Linkedin
  • Instagram
  • Youtube
  • (714) 672-0022
  • Pay My Bill
  • Secure File Exchange
  • Contact Us
  • Request for Proposal
LSL CPAs
  •  Home
  • Life at LSL
    • About Us
    • Doing What Counts
    • Join Our Team
    • Firm Affiliations
  •  Our People
    • Our Offices
  •  How We Help
    •  401(k) Pension Plan Audits
    • Audit & Assurance
    • Automotive Dealership Consulting
    • Consulting, Staffing & Financial Report Automation
    • Estate & Trust Planning
    • International Tax Services
    • Outsourced Small Business Accounting
    • Tax Planning, Preparation & Representation
    • Wealth Advisory Services
  •  Who We Work With
    • Accounting & Finance Teams
    • Automotive Dealerships
    • Entertainment Venues
    • Government
    • Healthcare
    • Manufacturing & Distribution
    • Not-For-Profits
    • Professional Services
    • Real Estate
  • Webinars
  •  Blogs & Resources
    • Latest & Greatest
    • Automotive
    • Business Links
    • CaseWare Training Resources
    • Events
    • Finance & Accounting
    • GovernmentAt LSL CPAs we are experts in California governmental accounting. We have three offices statewide to serve you including Brea, Sacramento and Santa Ana, California.
    • International Tax
    • I.T. Resources
    • Manufacturing
    • Pension Plan AuditMaria Arriola is our pension plan audit expert with over 27 years of pension plan audit experience – LSL CPAs & Business Advisors – Brea, Santa Ana & Sacramento, California – (714) 672-0022
    • Real Estate
    • Tax & Financial Services
    • Frequently Asked Questions

Mike Agresti

Practicing since 1998, Michael decided to focus his practice on high net worth tax clients and closely held companies at LSL CPAs because of the complexity and multiple advisory needs. He not only provides tax planning and reporting, but he also consults on business strategic planning and has represented clients before tax authorities. He enjoys being available to clients for any business or personal financial questions. You can reach Mike at 714-672-0022. Read Mike's complete bio.
Tax Deductions

Tax-Free Payments to Employees to Cover COVID-19 Expenses Are Deductible

Often-Overlooked IRS Section 139 Provides Relief Can we deduct COVID-19-related expenses used to help our employees? This is an excellent question from some of our clients, and the answer is yes. It’s a small silver lining in this pandemic situation because not only is the expense deductible for the employer, Read more…

By Mike Agresti, 5 days4 days ago
Tax Changes

Using Payroll Tax Credits for Coronavirus Paid Leave

We want to make sure you know about the latest COVID-19 relief factors for your businesses. For U.S. businesses with fewer than 500 employees, the Treasury Department, the Internal Revenue Service, and the Labor Department announced that these small and mid-sized employers could start taking advantage of two new refundable Read more…

By Mike Agresti, 10 months10 months ago
Retirement Planning

What You Need to Know* About the SECURE Act (*but were afraid to ask)

What It Is, and How Employers, Employees, and Investors Are Affected Introduction The SECURE Act snuck in on the coattails of the December 2019 $1.4 trillion federal spending bill. It is a significant, far-reaching piece of legislation that will affect plan sponsors (employers),  participants (employees), and IRA owners (individuals). SECURE Read more…

By Mike Agresti, 11 months11 months ago
Tax Deductions

Tax Planning—What, When, & Why

Tax planning is the process by which we make sure you are paying the right amount of taxes at the right frequency. Why? If you own your own business, you need to manage your tax liability, which means not paying too little, of course, but not paying too much either. Read more…

By Mike Agresti, 1 year1 year ago
QBI Deduction
Tax Deductions

What Is the Qualified Business Expense (QBI) Deduction?

. . . and WHAT’S the RUCKUS? Here’s the ruckus: This deduction, created by the 2017 Tax Cuts and Jobs Act, allows non-corporate taxpayers to deduct up to 20 percent of their Qualified Business Income (QBI), plus 20% of qualified Real Estate Investment Trust (REIT) dividends and qualified Publicly Traded Read more…

By Mike Agresti, 1 year1 year ago
Tax Deductions

Should I Buy or Lease My Vehicle?

When someone asks us if they should buy or lease their next vehicle, their real questions are: 1. Would buying or leasing provide the best deduction on my income tax return? 2. What’s the math involved, and do I need to consider anything besides the straight dollars and cents? CASE Read more…

By Mike Agresti, 1 year1 year ago
Tax Deductions

If I do tax planning and you have no recommendations, do I still have to pay?

This is a great question that we receive from time to time. The answer is yes, and here’s why. Tax planning identifies future opportunities for you. Just because your accountant doesn’t come up with any immediate recommendations doesn’t necessarily mean that it wasn’t worthwhile going through the process. You might Read more…

By Mike Agresti, 2 years2 years ago
Tax Changes

How to Gain a Tax Benefit Using a Qualified Charitable Distribution (QCD)

How Tax Cuts and Jobs Act (TCJA) Effects Charitable Donations on Your 2018 Tax Return With the passing of the Tax Cuts and Jobs Act (TCJA), it’s estimated that the number of taxpayers who will itemize on their 2018 tax return will fall by more than half compared to 2017.  Read more…

By Mike Agresti, 2 years2 years ago
News

When Should I Start Taking My Social Security Benefits?

Deciding when to start taking Social Security benefits is an important decision that everyone needs to make at some point.  There are four factors that can help you in making this decision: Will you work between age 62 and your full retirement age? Your life expectancy Your marital status Your Read more…

By Mike Agresti, 2 years2 years ago
Find exactly what you need:

LSL CPAs & Advisors

Brea (714) 672-0022
Santa Ana (714) 569-1000
Sacramento (916) 503-9691
Contact Us
News Categories
  • News
  • Events
  • Automotive
  • ERISA Employee Benefit Plan Audits
  • Healthcare
  • Government
  • International Tax
  • Manufacturing
  • Real Estate
  • Past Events
Associations

By clicking on the PrimeGlobal logo above, you will leave LSL's website. LSL is a member of PrimeGlobal, a worldwide association of independent accounting firms. PrimeGlobal does not and cannot offer any professional services to clients. Each independent member of PrimeGlobal is a separate firm and an independent legal entity. PrimeGlobal is not a partnership and independent member firms are not acting as agents of PrimeGlobal or other independent member firms.

Copyright © 2021 Lance, Soll & Lunghard, LLP. All Rights Reserved. | Privacy Policy | Terms & Conditions
Latest Tweets
  • CalSavers is a mandatory retirement savings program (formerly called Secure Choice) that phases in beginning in Jul… https://t.co/NR98ipp1iY

    1 year ago
  • The new year means new tax planning opportunities! If you own your own business, you need to manage your tax liabil… https://t.co/BKrr380cZ9

    1 year ago
  • Big Thank You to Dr. Raymond Sfeir, Professor of Economics and Management Science, Ph.D, of Chapman University. He… https://t.co/bfG9yWTk49

    1 year ago
Instagram Feed

lslcpas

Accounting and Financial Services | Tax Planning Strategies | Business Advisory Services | Wealth Management Strategies | #lslcpas

lslcpas
Get the latest updates on all things PPP in our la Get the latest updates on all things PPP in our latest webinar! Forgiveness for PPP Loan 1, applying for PPP Loan 2, & how the Employee Retention Credit could generate significant relief for your business. LSL Partners unpack it all for you this Thursday @3:00 pm. Register now on our website lslcpas.com/webinars
Certain tax-free payments to your employees to cov Certain tax-free payments to your employees to cover COVID-19 expenses are deductible, such as over-the-counter meds & various work-from-home expenses. Learn about the often-overlooked IRS Section 139 that can provide you relief, go to our website lslcpas.com/articles
So much has happened in the last several weeks reg So much has happened in the last several weeks regarding forgiveness for PPP Loan 1, applying for PPP Loan 2, and the tax impacts of the Stimulus Bill. Great news: The LSL PPP Team is here to unpack it all for you!
Join our webinar on January 21 @ 3:00 pm for what you need to know about applying for forgiveness on PPP Loan 1, qualifying for PPP Loan 2, The “big sleeper” in the Stimulus Package – the Employee Retention Credit, & more. Register now on our website at lslcpas.com/webinars
Merry Christmas Everyone! Good news, More Good New Merry Christmas Everyone! Good news, More Good News, and Even More Good News. On Monday night, December 21, 2020, Congress passed and sent to the President the 5,593 page Consolidated Appropriations Act [of] 2021. See what joys that brings for you on our website at lslcpas.com/articles
As of Tuesday, December 15, 2020, we still do not As of Tuesday, December 15, 2020, we still do not have the next stimulus bill. The most likely framework for a stimulus bill is the $908 billion “Gang of Eight” Bipartisan Emergency COVID Relief Act of 2020. Read our thoughts in the latest installment in our PPP loan forgiveness series on our website at lslcpas.com/articles
In tribute to National Brownie Day, LSL Partner, M In tribute to National Brownie Day, LSL Partner, Mike Mangold baked up a good lookin' batch! *apron not pictured* #nationalbrownieday
More relief for small businesses – this time fro More relief for small businesses – this time from the State of California! Learn more on how the executive order will impact your business plan on our website: www.lslcpas.com/articles
Whether you are a small, medium, or large business Whether you are a small, medium, or large business, your best friends come audit time are your internal controls and your processes (and, of course, the CPA who is performing the audit!). Go to our website for tips on what to expect from your CPA during your audit and how to prepare for it: lslcpas.com/articles
Load More... Follow on Instagram


  • Home
  • Life at LSL
  • Our People
  • How We Help
  • Who We Work With
  • Webinars
  • Blogs & Resources
Hestia | Developed by ThemeIsle
Cookie Policy
We use cookies to operate our services. We also share information about your use of our site with our advertising and analytics partners. By clicking “Accept” you agree to our use of cookies. Cookie Policy. Cookie settingsACCEPT
Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

How LSL Is Responding to the Coronavirus (COVID-19)

During this challenging time, we’re here to help. Get the full story.

Download 401K Guide

Download 7 Ways a Fiduciary Neglects Their Job Guide

  • This form collects your name and email address so that we can send you the fiduciary guide you requested. Please view our privacy policy to read more about how we manage and protect your data.
X
See LSL Coronavirus Resources (COVID-19)
Full details here