Archive for the ‘Uncategorized’ Category
Help! My QuickBooks Reconciliation Balance Doesn’t Match My Bank Statement
Several reasons may explain why the beginning reconciliation balance in QuickBooks does not match your bank statement. Ask yourself: Is this the first time I have tried to reconcile the… [more]
Introducing the Newest Members of the LSWG Team
Please join us in welcoming… Paula Babcock, E.A., has joined LSWG as a senior tax accountant in the firm’s Frederick office where she is a tax preparer working primarily with closely-held… [more]
Is Your Rental Property a “Qualified Trade or Business”?
The IRS recently released additional guidance on Section 199A—which has the potential to help certain business owners significantly reduce their annual tax bill with a 20% deduction against their “qualified” pass-through… [more]
IRS Releases Standard Mileage Rate for 2018
IRS has released the standard mileage rate for 2018. It will be 54.5 cents per mile.