Skip to the main content.
972.421.1099 Get Started
972.421.1099 Get Started

L&H Insights

Tax Strategies, Advice, and Insights

Sign Up for L&H Insights below

To help you understand the implications of the recent Corporate Transparency Act

We have prepared a selection of frequently asked questions.

Read More

Screenshot 2024-01-11 at 9-19-18 AM

Taxes

2024 Q4 tax calendar: Key deadlines for businesses and other employers

1 min read

2024 Q4 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this...

Read More
Home office rules for tax deductions

2 min read

Is your home office a tax haven? Here are the rules for deductions

Working from home has become increasingly common. The U.S. Bureau of Labor Statistics (BLS) reports that about one out of five workers conducts...

Read More
Help ensure your partnership or LLC complies with tax law

2 min read

Help ensure your partnership or LLC complies with tax law

When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs that are treated...

Read More
Tax credit for buying an electric car

2 min read

Understanding the $7,500 federal tax credit for buying an electric vehicle

Electric vehicles (EVs) have become increasingly popular. According to Kelley Blue Book estimates, the EV share of the vehicle market in the U.S. was...

Read More
Tax planning for business

2 min read

It’s time for your small business to think about year-end tax planning

With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year and next. The...

Read More
Tax free income opportunities

3 min read

6 tax-free income opportunities

Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without...

Read More
taxes on your income

2 min read

Are you liable for two additional taxes on your income?

Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and...

Read More
Navigating tax complexities

2 min read

Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision

Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A...

Read More
Tax on real estate gains

2 min read

Understanding taxes on real estate gains

Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect...

Read More
The possible tax landscape for businesses in the future

2 min read

The possible tax landscape for businesses in the future

Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States. The...

Read More
Closing a business involves a number of tax responsibilities

2 min read

Closing a business involves a number of tax responsibilities

While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close...

Read More
Certain charitable donations allow you to avoid taxable IRA withdrawals

1 min read

Certain charitable donations allow you to avoid taxable IRA withdrawals

If you’re a philanthropic individual who is also obligated to take required minimum distributions (RMDs) from a traditional IRA, you may want to...

Read More
What might be ahead as many tax provisions are scheduled to expire?

2 min read

What might be ahead as many tax provisions are scheduled to expire?

Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections.

Read More