Lumsden McCormick Firm News

Our August newsletter is jampacked with news and announcements, plus technical briefs on outsourced HR functions, tax smart fundraising tracking, and private foundation conflict of interest policies.

Planning is the key: catch up contributions, original legal wills, serving as executor, planning after death, and green energy home tax breaks plus more are all addressed in our August newsletter.

Trending topics and news presented this month for manufacturers includes ESG practices, maximizing profitability, reshoring, advanced analytics, and BNMA Manufacturing Night on October 5.

Lumsden McCormick will be participating in the Buffalo Niagara Manufacturing Alliance (BNMA) Manufacturing Night on Thursday, October 5, 2023 at the Grapevine Banquets in Depew, NY from 4 pm – 8 pm.

In August we cover important topics to improve the bottom-line including real estate depreciation, deductibility of corporate expenses, IRS cash payment rules, '24 HSA limits, and fringe benefits.

Lumsden McCormick is pleased to announce that Sara M. Dayton, CPA, Managing Partner, was named to the Buffalo Business First Women of Influence, Community Supporter for 2023.

Join us for our 29th Annual Exempt Organizations Conference!

In July's Personal Tax and Estate Planning newsletter we cover the expected 2026 changes to the federal gift and estate tax exemption, creating a charitable legacy, and important health care decisions and their tax implications.

July's jam packed newsletter is focused on improved accounting and operations including cash basis accounting, improving accounting processes, benchmarking, and building a philanthropic base.

Discover ways to run your business better, fair market value, employees vs. independent contractors, report social security and income taxes, and C Corp dividends in the July issue of the Commercial Tax Planning newsletter.