Category Archives: News

Tax Cuts and Jobs Act Update: Businesses

On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law....

How to Avoid the Pitfalls of the Self-Rental Rules

Self-Rental Rule Many business owners that own operating businesses also own the office building or...

I Didn’t Know That was in My Prepaid Account!

Prepaids I was at lunch last week with an automotive banker and we were discussing...

Are You a Baby Boomer?

Are you a baby boomer? Well, if you were born in the years soon after...

Tax Reform and How It May Affect You

Tax Reform is upon us and we at LSL are here to help. Classic tax...

Top 4 Small Business Cloud Accounting Apps

In my previous article, “The Top 5 Reasons to Move Your Books to the Cloud”,...

Are You Getting the Most Out of Your Business Expenses?

Employees are generally required to substantiate their business expenses for travel, entertainment, business gifts, and...

LSL’s Year-End Tax Planning Conference

Please join LSL CPAs at our Year-End Tax-Planning Conference. It will be morning of essential...

Employee vs Independent Contractor

Employers – be careful in classifying workers! The difference between an “employee” and an “independent...

Beware of Public Wi-Fi Hotspots

Public Wi-Fi hotspots can be dangerous. How many times do people connect to free Wi-Fi...

Like-Kind Exchanges

General The name of the game is to defer, defer, defer, and hopefully never pay...

10 Ways to Improve Cash Flow

Improving cash flow is not about improving one “BIG” thing. It’s about doing a lot...

The 4 Ways To Grow Your Business Article #4- Strategies for Increasing Your Effectiveness

This is the final article in a series on the four ways to grow your...

4 Ways To Grow Your Business Pt. 3 – Strategies for Increasing Average Sale Value

This is the fourth in a series on the four ways to grow your business....

Statement of Auditing Standards 130….Timing is Everything!

In the May issue of the CSMFO magazine, I had written an article entitled “The...