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L&H Insights

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Taxes

Tax essentials for sole proprietors

4 min read

Tax essentials for sole proprietors

Many small businesses start out as sole proprietorships. This structure is simple and inexpensive to establish and maintain — and it gives the owner...

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Tax tips for parents with kids heading to college this fall

4 min read

Tax tips for parents with kids heading to college this fall

A higher education is expensive, and many parents spend years saving up. Others haven’t had the financial bandwidth to save or have hit unexpected...

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How what you donate impacts your tax deductions

3 min read

How what you donate impacts your tax deductions

Have you already made contributions to charity this year? Are you considering making more between now and year end? If so, it’s important to be...

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4 min read

Improve Small Business Cash Flow with a Financial Advisor | L&H CPAs

Cash flow is one of the most important indicators of a small business’s financial health. Even profitable businesses can struggle if money is not...

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Top Benefits of Hiring a Small Business Financial Advisor

4 min read

Top Benefits of Hiring a Small Business Financial Advisor | L&H CPAs

Running a small business involves constant financial decisions that directly affect stability and long-term growth. Many business owners struggle to...

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When Should a Business Hire a Financial Advisor? A Timeline for Growth

4 min read

When Should You Hire a Financial Advisor for Your Business? | L&H CPAs

Knowing when to hire a business financial advisor can be one of the most important decisions a business owner makes. Bring one in too late, and you...

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4 min read

Build a Business Budget That Works with a Financial Advisor | L&H CPAs

Creating a business budget that fosters growth, stable cash flow, and long-term success can be overwhelming. Many owners struggle to balance revenue,...

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Review the tax implications before moving to a new state

2 min read

Moving to a new state? Review the tax implications first

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely...

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tax withholding after filing your return

2 min read

Fine-tune your tax withholding after filing your return

Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual liability — either too much or too...

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Why you might want to build a wall between your business and its real estate

2 min read

Why you might want to build a wall between your business and its real estate

Does your business own its real estate in a separate holding company, such as a limited liability company (LLC) or limited partnership? This practice...

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It’s your last chance to claim these clean energy tax breaks

2 min read

It’s your last chance to claim these clean energy tax breaks

Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if you bought an...

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4 types of interest expense you may be able to deduct

2 min read

4 types of interest expense you may be able to deduct

Personal interest expense generally can’t be deducted for federal tax purposes. There are, however, exceptions. Here are four, one of which is a new...

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Business vehicle deduction

3 min read

What’s your potential business vehicle deduction?

If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return....

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