Lumsden McCormick Firm News

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.

Lumsden McCormick is pleased to announce that Sara M. Dayton, CPA, Managing Partner, was named to the Buffalo Business First Power 200 Women for 2023.

Brisbane Consulting Group, Solutions Division, a certified reseller of AccuFund, Inc. (AccuFund) accounting suite was awarded the AccuFund 2022 Reseller Award as the New Site Sales Leader – Overall Sales at the annual sales meeting held in May 2023.

Lumsden & McCormick, LLP is proud to be Certified™ by Great Place to Work® for 2023 for the second consecutive year.

Operations are key to managing your nonprofit successfully.  From office space to employee cybersecurity training and monitoring internal functions, these operational elements can help you build a better nonprofit.

Get a head start preparing for the 2023 tax year with estate planning strategies, additional high net worth income and investment taxes, protecting inheritance, and caring for family members in our June Personal Tax and Estate Planning newsletter.

This month we uncover a variety of small business deductions that all manufacturers can take advantage of including summer business travel, home office expenses, business losses, meals, and vehicles expenses.