LBS Tax

LBS Tax Tax Resolution Specialist Experienced tax professionals services with the warmth of your local hometown.

⚠️ 1099 or W-2? Getting the Classification Wrong Can Cost You.Worker classification isn't simply about choosing how you ...
09/24/2026

⚠️ 1099 or W-2? Getting the Classification Wrong Can Cost You.

Worker classification isn't simply about choosing how you want to pay someone.

Misclassification can create issues involving:
💰 Payroll taxes and withholding
📑 Employment tax reporting
🧾 Required tax forms
💵 Potential penalties and interest
📊 Payroll records and bookkeeping

📌 The correct classification depends on the actual working relationship—not just what the contract says.

Review worker classifications carefully before tax and payroll issues become expensive.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

⚠️ IRS Compliance Starts With Accurate RecordsBusinesses can reduce avoidable tax issues by consistently:📑 Maintaining c...
09/24/2026

⚠️ IRS Compliance Starts With Accurate Records

Businesses can reduce avoidable tax issues by consistently:
📑 Maintaining complete financial records
🧾 Keeping supporting documentation
📊 Reporting income and expenses accurately
🏦 Reconciling accounts regularly
📅 Tracking filing and payment deadlines
🔍 Reviewing tax returns before submission

📌 Good bookkeeping isn't just about knowing your numbers—it helps support accurate tax reporting.

Stay organized. Review carefully. Respond promptly.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

💡 Your expense history may be showing you exactly where your nonprofit can improve.📊 Reviewing spending trends over time...
09/23/2026

💡 Your expense history may be showing you exactly where your nonprofit can improve.

📊 Reviewing spending trends over time can uncover recurring cost increases, underused resources, and expense categories that deserve a closer look. These insights help leadership understand where money is going—and where adjustments may create greater efficiency.

📈 Better bookkeeping means better visibility. With accurate financial records, nonprofits can evaluate costs, improve resource allocation, and make strategic decisions without compromising the programs and services that support their mission.

🚀 Ready to get more value from your financial records? LBS Tax can help your nonprofit identify opportunities to improve financial efficiency and strengthen financial management.

📍 2390 N Alma School Rd #115, Chandler, AZ 85224
📞 (480) 664-1249
🌐 www.lbstax.com/contact

⚠️ Tax Deadlines Aren't Just Dates on the CalendarTimely tax filing is an important part of staying compliant.📑 Gather c...
09/22/2026

⚠️ Tax Deadlines Aren't Just Dates on the Calendar

Timely tax filing is an important part of staying compliant.
📑 Gather complete tax records
🔍 Review income and deductions
📊 Verify tax information
📅 Know your applicable filing deadline
💳 Plan for any tax payment that may be due

📌 Remember: An extension to file generally does not extend the time to pay taxes owed. Stay organized. File on time. Keep your tax records in order.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

💰 Cash Flow: Do Your Books Show Where Your Money Is Going?A healthy bank balance doesn't always mean healthy cash flow.📌...
09/22/2026

💰 Cash Flow: Do Your Books Show Where Your Money Is Going?

A healthy bank balance doesn't always mean healthy cash flow.
📌 Track money coming in
📌 Monitor bills and payments going out
📌 Keep Accounts Receivable up to date
📌 Record Accounts Payable accurately
📌 Reconcile accounts regularly

📊 Good bookkeeping gives you a clearer picture of your cash position—so you can plan before cash becomes a problem.

Know your numbers. Understand your cash flow.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

⚠️ Your 1040 Is Only as Accurate as the Information Behind ItBefore filing your individual tax return, make sure you hav...
09/21/2026

⚠️ Your 1040 Is Only as Accurate as the Information Behind It
Before filing your individual tax return, make sure you have:

📑 Complete income documents
🧾 Supporting records for deductions and credits
💰 Accurate withholding information
📊 Investment and other income records
📂 Documentation for major life or financial changes

📌 Accurate reporting and proper documentation are essential parts of responsible tax filing.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

📊 Fact: Unpaid Bills Affect More Than Your To-Do ListOutstanding vendor bills can affect:💰 Cash flow planning📈 Financial...
09/21/2026

📊 Fact: Unpaid Bills Affect More Than Your To-Do List
Outstanding vendor bills can affect:

💰 Cash flow planning
📈 Financial reporting
🧾 Expense tracking
🤝 Vendor relationships
📊 Your understanding of actual business obligations

📌 Accounts Payable gives you a clearer picture of what your business owes—and what needs to be paid next.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

🔍 Vendor payments deserve more than a quick review.For nonprofits, reviewing invoices, payment approvals, vendor informa...
09/21/2026

🔍 Vendor payments deserve more than a quick review.

For nonprofits, reviewing invoices, payment approvals, vendor information, and transaction records can help identify duplicate payments, unauthorized expenses, and inconsistencies before they become costly problems.

🛡️ Strong payment controls protect more than your finances. Regular reviews strengthen financial oversight, improve accountability, and help create a more secure and transparent financial environment.

📋 Ready to strengthen your nonprofit’s payment controls and reduce financial risk? Contact LBS Tax today.

📍 2390 N Alma School Rd #115, Chandler, AZ 85224
📞 (480) 664-1249
🌐 www.lbstax.com/contact

🏛️ Every nonprofit has a unique financial story.Grant requirements, donor restrictions, program expenses, and different ...
09/18/2026

🏛️ Every nonprofit has a unique financial story.

Grant requirements, donor restrictions, program expenses, and different funding structures all impact how your organization should manage its finances. A one-size-fits-all approach may not address the financial realities of your mission.

📊 A tailored financial strategy can make a difference. Understanding your organization’s specific needs helps improve resource allocation, strengthen financial reporting, support better decision-making, and create greater operational efficiency.

🚀 Your financial strategy should work for your mission—not against it. Looking for nonprofit accounting and financial guidance tailored to your organization? LBS Tax is here to help.

📍 2390 N Alma School Rd #115, Chandler, AZ 85224
📞 (480) 664-1249
🌐 www.lbstax.com/contact

⚖️ Expense Categorization Matters for Accurate RecordsProperly recording business expenses helps maintain organized fina...
09/18/2026

⚖️ Expense Categorization Matters for Accurate Records

Properly recording business expenses helps maintain organized financial records and supports accurate reporting.

📌 Keep business and personal expenses separate
📌 Use consistent expense categories
📌 Maintain receipts and supporting documentation
📌 Record transactions accurately
📌 Review unusual or incorrectly categorized expenses

🚨 Incorrect or unsupported expense records can create problems during financial reviews and tax preparation.

📊 Good bookkeeping means more than recording transactions—it means recording them accurately.

📞 Contact us at: (480)664-1249 OR (480)666-1317
🔗 Visit us at: https://www.lbstax.com/

Address

2390 N Alma School Road #115
Chandler, AZ
85224

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 4pm

Telephone

+14806641249

Website

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