by Sal Schibell | Mar 10, 2022 | News, Tax Tips
TurboTax is a popular choice for many every tax season, and while you may be drawn to the low entry price and quicker turnaround time, keep in mind that you get what you pay for, and you could end up regretting using it in the long run. TurboTax Can Be Confusing For...
by Sal Schibell | Mar 10, 2022 | News, Tax Tips
If you’re itemizing your deductions this year, you might want to speak to a licensed CPA like LRSCPA. Let us give you a few tips for free! Bunch Your Deductions When your total tax deductions exceed the standard deduction ($12,550 for single filers and $25,100 for...
by Sal Schibell | Feb 8, 2022 | News
Finding an accountant you trust isn’t as simple as finding any other business–if you’re calling up the first accountant you see and hiring them on the spot, that’s a recipe for disaster. Your accountant should be carefully chosen based on their experience,...
by Sal Schibell | Feb 8, 2022 | News
With sweeping cryptocurrency regulations set to be put in place by the White House in the coming weeks, it’s important to brush up on crypto for those looking to get into the investing game. There’s no telling how broad the changes may be or how that will change the...
by Sal Schibell | Jan 17, 2022 | Business Advice, News
Businesses can choose to file under a number of different structures that best benefit their needs and interests. All have different criteria that the business needs to meet, and some are significantly more complicated than others. We’ll focus on the 4 main types of...