LBS Tax

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

๐Ÿ’ก If Your Bank Balance Is Your Only Financial Report... You're Missing the Bigger Picture.Many business owners open thei...
07/21/2026

๐Ÿ’ก If Your Bank Balance Is Your Only Financial Report... You're Missing the Bigger Picture.

Many business owners open their banking app before making an important decision.

But your bank balance can't tell you:
โ“ Which projects are most profitable.
โ“ Whether expenses are increasing.
โ“ How your business is performing month over month.
โ“ What your cash flow will look like next month.

๐Ÿ“Œ Accurate bookkeeping transforms financial data into meaningful business insight.

Your books should provide answersโ€”not just account balances.

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— Visit us at: https://www.lbstax.com/

What Common Tax Mistakes Should You Avoid to Help Save Your Business Thousands?Many costly tax issues don't come from on...
07/21/2026

What Common Tax Mistakes Should You Avoid to Help Save Your Business Thousands?

Many costly tax issues don't come from one major mistake. They often result from small errors repeated throughout the year.

Here are a few to watch for:
๐Ÿ“Œ Waiting until tax season to organize your books
๐Ÿ“Œ Missing estimated tax payments or filing deadlines
๐Ÿ“Œ Failing to keep complete records of business expenses
๐Ÿ“Œ Mixing personal and business finances
๐Ÿ“Œ Not reviewing your financial statements regularly

These mistakes can lead to unnecessary penalties, interest, administrative delays, or missed planning opportunities.

๐Ÿ“Œ Staying organized year-round is one of the best ways to reduce tax-related surprises. The easiest tax mistake to fix is the one you prevent.

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— Visit us at: https://www.lbstax.com/

Profit isn't just the result of selling more.It's often the result of building better financial habits.Here are a few ha...
07/20/2026

Profit isn't just the result of selling more.

It's often the result of building better financial habits.

Here are a few habits many profitable small businesses have in common:
๐Ÿ“Š They review financial reports regularlyโ€”not just at tax time.
๐Ÿ“š They keep their bookkeeping current.
๐Ÿ’ฐ They monitor cash flow instead of relying only on their bank balance.
๐Ÿ“… They plan for taxes throughout the year.
๐Ÿ“ˆ They use financial data to guide business decisions.

Success isn't built on one big decision. It's built on consistent financial discipline.

๐Ÿ“Œ Small habits, repeated month after month, can lead to stronger long-term business performance. Profitable businesses don't just work harderโ€”they manage smarter.

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— Visit us at: https://www.lbstax.com/

๐Ÿ“… Smart Businesses Review Their Numbers Monthlyโ€”Do You?Your financial reports shouldn't collect dust.They should help gu...
07/20/2026

๐Ÿ“… Smart Businesses Review Their Numbers Monthlyโ€”Do You?

Your financial reports shouldn't collect dust.
They should help guide your next business decision.

A monthly review can help you:
โœ… Monitor business performance
โœ… Understand cash flow trends
โœ… Compare results month over month
โœ… Stay prepared for tax planning
โœ… Make informed decisions with current data

๐Ÿ“Œ Businesses that regularly review their financials are better equipped to adapt as conditions change. Your numbers can't help your business if no one is looking at them.

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— Visit us at: https://www.lbstax.com/

๐Ÿงพ Chandler's trusted certified accountants are here for you!At LBS Tax Services, LLC, we specialize in helping Chandler ...
07/20/2026

๐Ÿงพ Chandler's trusted certified accountants are here for you!

At LBS Tax Services, LLC, we specialize in helping Chandler residents โ€” especially those in the Ocotillo neighborhood โ€” and our friends in Gilbert get the most out of every tax season. From individual returns to full business accounting, our certified team handles it all with precision and care.

๐Ÿ’ก Don't leave money on the table. Let our experts find every deduction you're entitled to.

๐Ÿ“ Proudly serving Chandler, Gilbert, and the greater East Valley
๐ŸŒ Learn more: https://www.lbstax.com/

โญ Love your experience with us? A quick review means the world to our small business:
https://maps.app.goo.gl/GWTfrLn9afGufK7q6

๐Ÿงพ Think bank reconciliations are just another accounting task? Think again. They're one of the most powerful tools nonpr...
07/20/2026

๐Ÿงพ Think bank reconciliations are just another accounting task? Think again. They're one of the most powerful tools nonprofits have to protect their financial health, improve accuracy, and stay compliant.

Regular bank reconciliations help uncover discrepancies before they become costly problems, keep financial records accurate, strengthen internal controls, and ensure your organization is always prepared for board meetings, grant reporting, and potential audits. Consistent reconciliation also builds transparency and reinforces donor and stakeholder confidence.

๐Ÿ›ก๏ธ Don't wait until an audit reveals an issue. Strengthen your nonprofit's accounting processes today with the support of LBS Tax and stay audit-ready all year long.

๐Ÿ“ 2390 N Alma School Rd #115, Chandler, AZ 85224
๐Ÿ“ž Phone: (480) 664-1249
๐ŸŒ www.lbstax.com/contact

๐Ÿ“‘ Winning a grant is just the beginningโ€”managing it correctly is what protects your nonprofit's reputation and future fu...
07/18/2026

๐Ÿ“‘ Winning a grant is just the beginningโ€”managing it correctly is what protects your nonprofit's reputation and future funding opportunities. Every grant comes with specific financial requirements, and staying organized is essential to maintaining compliance and building trust with funders.

๐Ÿ’ผ Accurately tracking grant revenue, documenting allowable expenses, and maintaining complete supporting records help ensure transparent financial reporting and reduce the risk of findings during grant reviews or audits. Strong grant accounting also gives your leadership team greater confidence when making financial decisions and preparing reports for stakeholders.

๐Ÿš€ Make grant compliance easier with the right accounting support. Let LBS Tax help your nonprofit strengthen its financial reporting and stay ready for every reporting requirement.

๐Ÿ“ 2390 N Alma School Rd #115, Chandler, AZ 85224
๐Ÿ“ž Phone: (480) 664-1249
๐ŸŒ www.lbstax.com/contact

Many business owners use these terms interchangeably.But they're not the same.๐Ÿงพ Tax Filing is reporting what has already...
07/17/2026

Many business owners use these terms interchangeably.

But they're not the same.

๐Ÿงพ Tax Filing is reporting what has already happened.

๐Ÿ“Š Tax Planning is reviewing your financial position throughout the year to help you prepare for upcoming tax obligations and make informed decisions.

The difference?

With tax filing, you're looking back.
With tax planning, you're looking ahead.

๐Ÿ“Œ Businesses that plan throughout the year often have more time to evaluate their financial position, prepare for tax obligations, and avoid last-minute surprises.

You can't change yesterday's numbersโ€”but you can prepare for tomorrow's.

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— Visit us at: https://www.lbstax.com/

Book your appointment with Sharon Lewis - https://calendly.com/sharon-470/

๐Ÿ“š Fun Fact: Your Financial Reports Should Answer Questionsโ€”Not Create Them.Ever looked at a report and thought,"Where di...
07/17/2026

๐Ÿ“š Fun Fact: Your Financial Reports Should Answer Questionsโ€”Not Create Them.

Ever looked at a report and thought,
"Where did that number come from?" ๐Ÿค”

That's usually a sign it's time to review your bookkeeping.

Clear, organized financial records make it easier to:
๐Ÿ“Š Understand business performance
๐Ÿ“ˆ Spot financial trends
๐Ÿ’ก Make confident business decisions

๐Ÿ“Œ The best financial reports don't just show numbersโ€”they provide clarity.

Have a fantastic Friday from LBS Tax & Accounting!

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— Visit us at: https://www.lbstax.com/

๐Ÿ’ก The Tax Deductions Businesses Commonly OverlookEvery dollar matters.Yet many businesses miss legitimate deductions sim...
07/17/2026

๐Ÿ’ก The Tax Deductions Businesses Commonly Overlook

Every dollar matters.

Yet many businesses miss legitimate deductions simply because expenses aren't tracked consistently throughout the year.

Some commonly overlooked areas include:
๐Ÿ“Œ Business mileage and travel records
๐Ÿ“Œ Professional subscriptions and software
๐Ÿ“Œ Office supplies and business equipment

The key isn't finding more deductions at tax time. It's maintaining complete and accurate records all year long.

๐Ÿ“Œ Good bookkeeping helps ensure expenses are properly documented and available for review when it's time to prepare your tax return.

๐Ÿ“ž Contact us at: (480)664-1249 OR (480)666-1317
๐Ÿ”— 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

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