Lumsden McCormick Firm News

Did you miss the Annual Exempt Organizations Conference?  You can access the conference resources! In our last newsletter of the year, we also share how you can create for-profit subsidiaries, plus available financing.   

Get prepared for year-end with inflation adjusted tax rates, improved cash flow, entity structure, and business owner compensation, all covered in our December 2023 Commercial Tax newsletter.

Our December Personal Tax Planning newsletter is jam-packed with information to get you ready for year-end, including the Year-End Tax Planning Guide for Individuals.

Click through to access all recordings, resources, and slides from our 2023 Exempt Organizations Conference.

Year-end is here; look to these important announcements covered in our November 2023 Commercial Tax newsletter. Topics include the Corporate Transparency Act, the new social security wage base from the IRS, vehicle depreciation, and more.

As we gather to express gratitude on Thanksgiving, let us also embrace the spirit of giving.

Is your organization considering a merger as we approach the new year? In our November '23 newsletter we discuss merger successes and pitfalls, as well as how to create policies for returned donations and more. Plus, don't forget to register for the Exempt Conference.

We share the IRS rules for employee expense reimbursements, the value of board member term limits, and safeguards to avoid fraud risks, plus more and a chance to win Buffalo Sabres tickets.

This month we help you prepare your business and get ready with the 4Q tax calendar, tax implications of a spouse owned businesses, corporate loans, and the best self-employed entity choice.

Knowledge is power, and this month we provide insights on the student loan pause, QTIP trust, spousal IRA, and portability elections.