News

CARES Act Summary – Relief and Liquidity

On March 27, 2020, Congress passed the Coronavirus Aid, Relief,… Read more »

Blog

COVID-19 Tax Updates and First Coronavirus Response Act Signed into Law

Treasury Secretary Mnuchin announced today that the federal filing due… Read more »

News

Important Tax News for our Clients

First, Treasury Secretary Mnuchin announced today that the federal filing… Read more »

News

LBMC Tax update COVID-19

First, we hope you and your loved ones are safe… Read more »

Blog

Artificial Intelligence and the Future of Tax Returns

The arrival of artificial intelligence as a powerful tool in… Read more »

News

Expert Advice to Start the Year Off Right

“Just remember that entertainment expenses are generally completely non-deductible, but… Read more »

Blog

Top 4 things employers need to know about the changes from the new tax law

There are numerous changes that employers must make to their processes and accounting in the areas of income tax withholding, family and medical leave, moving expenses and entertainment deductions, among others. This article is a summary of those changes.

Blog

Side-Benefit from Government Shutdown

Now that tax reform has been enacted, the spotlight may move back to actual health care, making a permanent repeal of each of these taxes more likely.

Blog

US Tax Reform – Top Action Items and Observations

The Tax Cuts and Jobs Act (TCJA) is the biggest federal tax law overhaul in 31 years, and it has both good and bad news for taxpayers. LBMC highlights some of the most significant changes affecting business and individual taxpayers.

Blog

More Businesses May Claim R&D Tax Credit Under New IRS Rules

New IRS regulations could allow more businesses to take an R&D tax credit against the costs of developing software for internal use. In most cases, but not all, a tax credit is much more valuable than a tax deduction.