The Dangers of Procrastination

If you dither and procrastinate over creating even a straightforward will or simple trust, you put the future finances of your family and loved ones in jeopardy. You risk that… [more]

Inside LSWG

LSWG – Supporting the Community Dakota Ellis, Luke Reich, Jocelyn Castillo, and Corey Patterson were happy to deliver LSWG’s contributions to the United Way.  United Way of Frederick County hosted a donation drop-off for… [more]

Sales tax…Are you liable?

By David A. Wolford, CPA In June of 2018, the Supreme Court ruled on a court case that changed the way states are allowed to establish nexus from businesses selling taxable… [more]

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]

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]

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