Lesemann CPA PLLC

09/02/2026

🚩 If an employee refuses to follow the checks and balances you have in place, it's a red flag that they could be stealing.

This can be as simple as refusing to take a second person to the bank with them to make a deposit or not filling out essential paperwork.

Watch for the 6 signs your employees may be stealing from your business.

08/28/2026

If running a business feels more complicated than it did a few years ago, you're not imagining it.

🤖 Artificial intelligence is transforming the way companies operate. Automation continues to reshape workflows. Rising costs, tighter lending standards, and an evolving regulatory environment are forcing business owners to make important decisions with greater financial implications than ever before

💥While every shift creates new opportunities, it also introduces new challenges. The question isn't whether your business will be affected by these changes. The question is whether you'll have the financial insight to make confident decisions when they matter most.

At Lesemann CPAs, we believe accounting should be about much more than preparing tax returns or closing the books each month. Our role is to help you understand what your numbers are telling you, identify opportunities you may not have considered, strengthen cash flow, and make informed decisions that support long-term success.

The most successful businesses don't wait until year-end to evaluate their financial health. They make adjustments throughout the year, using timely information and trusted advice to stay ahead of challenges and capitalize on new opportunities.

If you'd like to discuss how we can help you navigate today's changing business environment, please visit the link in the comments.

08/26/2026

💵 IRS Crypto Tax Enforcement Tightens: What Form 1099-DA Means for Investors

Beginning with the 2025 tax year, cryptocurrency brokers are required to issue Form 1099-DA, reporting the proceeds from digital asset sales and exchanges to both taxpayers and the IRS.

This gives the IRS a much clearer picture of your cryptocurrency transactions and makes it easier to identify unreported income.

Unlike stock brokerage statements, however, Form 1099-DA generally reports only the proceeds from a sale, not your cost basis or gain/loss. That means you're still responsible for tracking what you originally paid for your crypto, especially if you've transferred assets between exchanges, used private wallets, or acquired cryptocurrency through staking, mining, airdrops, or other transactions.

➡️ Takeaway: IRS reporting has increased, but the responsibility for maintaining accurate records still falls on the taxpayer. Always use Lesemann CPAs to file your taxes. We know what the IRS requires and will ensure your tax filing is accurate and meets IRS standards.

https://bitcoinworld.co.in/irs-crypto-tax-enforcement-form-1099-da/

IRS tightens crypto tax enforcement with Form 1099-DA. Learn how new reporting rules affect investors and what it means for your tax filings.

08/21/2026

💥 Tax Preparer Pleads Guilty in 5.4M IRS Fraud Case

A tax preparer recently pleaded guilty to filing fraudulent tax returns that claimed millions of dollars in refunds her clients were not entitled to receive.

According to court documents, she inflated refunds by claiming tax credits and deductions that didn't apply to her clients, including fuel tax credits, residential energy credits, and Health Savings Account (HSA) deductions for taxpayers who didn't qualify.

➡️ Takeaway: The case is an important reminder that you are ultimately responsible for the information on your tax return—even if someone else prepares it. If a preparer claims credits or deductions that aren't legitimate, you could be required to repay the tax, along with penalties and interest.

That's why it's important to work with a trusted CPA who takes the time to understand your situation and claims only the deductions and credits you're legally entitled to receive.

If a tax refund sounds too good to be true, it probably is.

https://www.stl.news/selma-brinson-pleads-guilty-in-5-4m-irs-fraud/

Selma Brinson Pleads Guilty in $5.4M IRS Fraud - read this news that originated in Memphis, Tennessee, and more at STL.News.

08/19/2026

The business landscape is changing faster than most owners can keep up.

📈 AI. Automation. Rising costs. Tighter lending standards. New regulations.

Every shift creates new opportunities, but it also creates new financial challenges. The question isn't whether your business will be affected. It's whether you'll have the right financial guidance to make confident decisions.

At Lesemann CPAs, we help business owners look beyond today's numbers to identify opportunities, strengthen cash flow, and plan for sustainable growth. Because the best financial decisions aren't made in hindsight; they're made with trusted advice along the way.

Wondering what that could look like for your business? Visit the link in the comments.

08/14/2026

🏠 Many people investing in real estate for the first time are wondering whether they should do so under LLCs, since they can provide tax advantages and limit liability while building wealth.

There's no simple answer, but a few things we consider are:

✅ Does the client have prior experience in real estate investing?
✅ What do they intend to do with the property?
✅ Do they have an exit strategy?
✅ What are the risks associated with owning property?

The bottom line is that to minimize your legal tax liability, we need to look at your unique situation and make the appropriate recommendation.

Contact us to get started: 704-895-6966

08/12/2026

⚠️ CAUTION!

If you are a shareholder in an S Corp, always seek expert financial advice from your CPA, even if you don't receive income from the S Corp.

"Items of income and loss from an S corporation are passed through to shareholders and reported on their personal tax returns. However, as shown in a new case, Maggard, TC Memo 2024-77, 8/7/24, an S corp shareholder may be liable for tax on income they never even receive."

The Tax Court determined that the law still required the S corp filer to report his proportionate share of the S corp income for the tax years in questions.

08/07/2026

Taxes can be complicated. Taxes can be confusing. Taxes can be overwhelming.

The good news? They don't have to be.

At Leseman CPA, we believe business owners should spend less time stressing over their finances and more time doing what they do best—growing their business.

That's why we provide more than tax preparation.

We help you:
✔️ Keep your bookkeeping organized and accurate
✔️ Develop a proactive tax strategy—not just react at tax time
✔️ Maximize opportunities to reduce your tax burden
✔️ Gain the confidence that comes from having a trusted financial partner in your corner

When your financials are in order and your tax strategy is working for you, you can focus on running your business with greater clarity and peace of mind.

At Lesemann CPAs, we help businesses create order, reduce risk, and position themselves for long-term success.

If you’re already a client, thank you for trusting us.

If you’re ready for a stronger financial foundation, let’s talk.

08/04/2026

Growth isn't always the goal; healthy growth is. 💪

Look to your CPA as a trusted advisor. Could this story be yours?

A local business owner celebrated a milestone. Revenue had grown nearly 20 percent. The phones were ringing, new customers were coming in, and the team was busier than ever. On paper, it looked like the company was having its best year yet. But behind the scenes, something didn't feel right.

💰 The owner noticed cash seemed tighter than usual. Vendor invoices were taking longer to pay. Equipment purchases had to be delayed. Even though sales were up, there never seemed to be enough money left over at the end of the month.

After taking a closer look at the financials, the reason became clear. The business had grown, but so had its costs. Labor expenses had increased. Insurance premiums were higher. Inflation had driven up the cost of supplies. Some prices hadn't been adjusted in years, leaving profit margins much thinner than anyone realized.

The business wasn't failing. It was simply growing in a way that wasn't financially sustainable.

📈 A few thoughtful adjustments made a significant difference. Pricing was updated to reflect current costs. A handful of low-margin services were reevaluated. Operating expenses were reviewed, and several unnecessary costs were eliminated. Within a few months, cash flow improved, profits strengthened, and the business was in a much healthier position.

🎊 Growth is worth celebrating, but revenue alone doesn't tell the whole story.

If your business is busier than ever, yet cash feels tighter than it should, it may be time to look beyond the top line. Healthy businesses don't just generate more sales. They understand where profits come from, monitor expenses carefully, and make informed decisions that strengthen the business over time.

07/31/2026

Social Media Tax Scams

Many social media tax scams entice you to use legitimate IRS forms for the wrong reasons. Don’t follow bad advice: stop misinformation. Inaccurate or misleading tax info shared on social media could lead to steep civil and criminal penalties for those who take the bait.

➡️ Takeaway: Social media is a great place to connect with friends and share a meme, but NOT a great place for tax advice. Always contact Lesemann CPAs for tax questions and advice.

What to know and do about tax scams, IRS impersonators and identity theft.