A Fresh Look at Retirement Withdrawal Rules
Thursday, September 29, 2022: With a series of recent changes, and some possible future modifications, many are confused about the withdrawal rules on retirement accounts. To start with, the SECURE… [more]
Cryptocurrency and the ‘Wash Sale’ Rule
Tuesday, September 20, 2022: The IRS classifies virtual currencies like Bitcoin, Ethereum, and Dogecoin as property. Which means that crypto follows the same rules as stocks and bonds: you pay tax if you… [more]
Inside LSWG – September 2022
Thursday, September 15, 2022: Join us in welcoming Tina Popkin, Drew Mullen, and Kim Johnston Christina (Tina) Popkin joined LSWG as a staff accountant in our Frederick office in June of 2022. Tina is a… [more]
Should You Add Your Children to Your Deed and Bank Accounts?
Tuesday, September 6, 2022 – Many people believe that an easy way to avoid probate and enable your children to assist you as you age is to add your children… [more]
Do You Have a Hobby or a Business?
Monday, August 15, 2022 – This is an age-old question, and it’s more than academic: The answer can mean a big difference in your tax bill. The following IRS guidance… [more]
All About Quarterly Tax Returns
Wednesday, August 10, 2022 – Form 941 is the quarterly tax return for reporting income taxes as well as withholdings of employee payroll taxes, Social Security, and Medicare. Here we… [more]
Know the Difference Between Cash and Accrual
Monday, August 8, 2022 – You know that an accurate account of expenses is vital to keeping your business in the black, but there’s more than one way to keep… [more]
Did You Sell Your Home?
Wednesday, August 3, 2022 – A lot of families move during the summer. If you sold (or are selling your home), here are some reminders from the IRS. Taxpayers who… [more]
How to Pick a Trustee
Monday, August 1, 2022 – It’s a major decision that requires a lot of thought: Who should be the trustee of your estate? Should you choose a family member, a… [more]
Inside LSWG – July 2022
Wednesday, July 27, 2022 – We would like to share with you some of the things that have been going on outside the LSWG offices. Join us in congratulating Dakota… [more]