REMINDER 1040 Personal Return Information due by March 24, 2023
Please have your information in to LSWG by March 24, 2023, so we may process your returns. We can not guarantee that your returns can be completed before the deadline… [more]
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]
Do you qualify for the Employee Retention Credit?
The Employee Retention Credit is a powerful but complex COVID relief program that has been changed several times by the Federal Government. Employers can be eligible for the Employee… [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]
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]