LJH & Associates

02/18/2026

Your tax return isn't just paperwork, it's a roadmap. Learn which numbers matter most. And don't miss the March 16 filing deadline for S corps and partnerships. You may owe a hefty penalty if you do!

Tax season has a funny way of being both a rearview mirror and a crystal ball. It shows you exactly where you’ve been, and if you know where to look, it can quietly point the way forward. In this issue, we dig into how your business tax return can double as a planning tool for smarter decision...

02/13/2026

Did you know you can rent your home or cabin tax-free for up to 14 days per year?

Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

02/11/2026

2026 is your year to be more intentional with money. Learn about ideas to help time tax moves for bigger deductions, manage gains strategically, and keep cash from losing ground in low-rate accounts.

Now is the perfect time to look ahead and fine tune your financial and tax planning for 2026. In this month’s newsletter, we share several go-to tax strategies that could help reduce your tax bill, along with practical ways to ensure your cash continues working for you as interest rates remain...

02/06/2026

Partnerships and S Corporations must file their tax returns on time...or else. Here is the penalty.

Over the past few years, the IRS has penalizing late filers of sub S corporation and partnership tax returns. This despite the fact that late filing of the tax return does not typically impact the timely payment of the tax.

02/04/2026

A little preparation can make tax season smoother. This month's newsletter shares tips for early organization, avoiding IRS issues, cutting hidden costs, and helping protect your kids online.

A little preparation can change the entire tax return experience. In this month's newsletter, read about how getting organized early with a clear checklist can help you gather the right information and avoid last-minute pressure. You'll also learn how spotting easy-to-miss income sources can help yo...

02/01/2026

Quiz: What was the first income tax rate?

01/30/2026

Understand contemporaneous or pay the price. An IRS term with meaning.

The Internal Revenue Service has a vocabulary of their own. One of the more important is their use of the word "contemporaneous". What does it mean, and why should you care?

01/23/2026

The 10% early withdrawal penalty does not always need to sting you. Here are ways to leverage retirement assets without that penalty.

While it is not a good idea to tap retirement accounts prior to retirement age, sometimes it cannot be avoided. What can often be avoided, however, is the punitive 10% penalty for early fund distributions. Outlined here are exceptions to the 10% penalty rule.

01/21/2026

Tax deadlines are closer than they look, and cash questions never really go away. In this month's newsletter you'll find a tax prep checklist and simple ideas for forecasting your cash flow.

This time of year often brings two familiar realities for business owners: tax deadlines start to feel closer than expected, and questions about cash tend to move from the background to the foreground. In this issue, we focus on both in a straightforward, practical way. The first article offers a cl...

01/16/2026

The IRS increased the standard business mileage rates for 2026. Here are the details.

Here are the standard mileage rates for 2026.

01/14/2026

There's plenty of new tax laws that could affect you in 2026. Here are the biggest ones you need to know.

There are plenty of tax changes to look forward to in 2026. This month's newsletter outlines some of the biggest and provides insights about how to take full advantage of the changes. There's also a change to consider if your employer has a retirement savings plan option for you. It relates to the a...