LWH CPAs

07/28/2026

What a great group! Happy retirement to a workplace legend! Congratulations Marla!

07/27/2026

BACKUP WITHHOLDING: WHAT BUSINESSES SHOULD KNOW

July Newsletter part 5 of 5
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

iring independent contractors can offer flexibility for growing businesses, but it also comes with important tax reporting responsibilities. In most cases, you aren't required to withhold taxes from payments to contractors. However, there are situations in which the ''backup withholding'' rules appl...

07/20/2026

REVISIT YOUR EMERGENCY FUND GOALS

July Newsletter part 4 of 5
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

n emergency fund is key to long-term financial security. Over time, changes in expenses, income, family needs and financial priorities can affect how much emergency savings you need. Regularly reviewing your reserves can help ensure they're sufficient to support your lifestyle and broader financial....

07/13/2026

HOW RENTING OUT YOUR VACATION HOME AFFECTS YOUR TAXES

July Newsletter part 3 of 5
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

hen you're not using your vacation home, renting it out can generate extra income. But it can also affect your taxes, depending on how often you rent and use the property personally.

07/09/2026

07/07/2026

SIMPLE RETIREMENT SOLUTIONS FOR SMALL BUSINESSS OWNERS

July Newsletter part 2 of 5
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

ffering employees retirement options can be an effective way for small business owners to attract and retain talent. If you're concerned about cost and administrative complexity, you're not alone. Fortunately, several options are available, including a Simplified Employee Pension (SEP) plan.

07/06/2026

TAX CALENDAR

July Newsletter part 1 of 5
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

06/29/2026

GET AHEAD WITH A MIDYEAR TAX REVIEW

June Newsletter part 4 of 4
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

o help prevent surprises when you file your federal tax return next tax season, perform a midyear tax checkup. Life changes, such as a new job, additional side income or investment gains, can affect your tax picture more than you might expect. Taking time now to review key areas can reduce the risk....

06/22/2026

HOW AN EDUCATIONAL ASSISTANCE PROGRAM CAN STRENGTHEN YOUR COMPANY'S BENEFITS PACKAGE

June Newsletter part 3 of 4
Welcome to this month's edition of the Tax and Business Alert. Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs. Please contact us if you have questions about any of the issues discussed.

f your business is like many today, you're seeking more ways to attract and retain talent. One option is to offer tax-advantaged educational assistance under Internal Revenue Code Section 127. Recent legislative changes have expanded the value of this benefit.