LyfeAccounting

JUNE 4, 2021

Here at LYFE Accounting, not only do we help people pay themselves correctly as an LLC… …but we’ve also started one of the fastest-growing LLCs according to Inc Magazine and the financial times in 2021. Now if you want to make sure your LLC taxes are on the right track, then we can help you with that.

CPA 52

CPA income tax Tax accounting and finance 52

LyfeAccounting

MAY 21, 2021

What if we told you that every year LLC owners overpay on their taxes. Some fail to tax plan but most simply miss out on the biggest tax write offs for LLC businesses. So keep on reading, because today, we’re going to reveal the biggest tax write offs for LLC businesses that you can take advantage of.

Tax 98

Tax Legal tax planning accounting and finance 98

LyfeAccounting

JUNE 9, 2021

A quick disclaimer that this is not financial or legal advice, and you should consult with your personal CPA or lawyer regarding your specific situation. It’s mid-April 2021 and Bitcoin just blew past $60,000 to reach all-time highs. If you want more tips on how to save on your taxes, then go ahead and subscribe to our newsletter.

Tax 59

Tax tax preparation accounting and finance Sales 59

LyfeAccounting

MAY 27, 2021

Right underneath where your letter number is in the top right, is going to be the tax year it is in reference to. So if it says ‘tax year 2018’, there’s no need in worrying about 2017 or 2020, 2021, etc. The last thing you want is to end up in a tax court against the United States government. Remember again to be timely.

tax return 52

tax return audit Tax accounting and finance 52

LyfeAccounting

AUGUST 10, 2021

Average taxpayers, like wage-earners, are very limited in what they can deduct from their taxes. For instance, in 2021, single taxpayers can deduct $12,500 from their taxable income, and married taxpayers can deduct about $25,000. If you think you can save more on taxes but are just not sure how to do it, then contact us today!

Real Estate 52

Real Estate Tax tax return tax preparation 52