LSC | LongSchaefer CPA PFS in Cincinnati

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LSC | LongSchaefer CPA PFS Conseillers fiscaux & comptables

3377 Compton Rd
(Suite 120)
45251 Cincinnati

5132450300
https://www.lsc.cpa/
mlong@lsc.cpa

We are your go-to firm in Cincinnati for top-notch Accounting, Tax Strategy, and Financial Services. Our experienced partners specialize in CPA services, tax planning, and financial consulting, prioritizing your financial success. We offer personalized solutions, navigating tax laws and crafting tailored financial strategies to ensure your growth and stability. visit our website to learn more.

A New Way to Look at Your Bucket List. Bucket lists don’t have to be for tomorrow.

One reality of life is that risk is ever present. It exists in our commute to work, in our investment choices, and in our lifestyle decisions. Some risks can be transferred to an insurance company (e.g. auto or homeowners), while others we assume ourselves.

Whether you’re applying for Social Security in the future or currently receiving benefits, there are some important changes to earnings limits, Medicare premiums, and other differences to keep in mind. Ready to learn more?

Next to “When should I claim Social Security benefits?”, one of the more common questions people have is “How much will I receive?”

Calculating your potential Social Security benefit is a three-step process. visit our website to see what they are.

According to the U.S. Census Bureau, there were over five million new business applications submitted in 2022 alone. All individuals pursuing the dream of exercising their entrepreneurial muscles will face the same question, “Which business structure should I adopt?”

C&R Research reports that the average American spends $219 per month on subscriptions for things like streaming services, news websites, and even regular deliveries of our most often-used goods, such as beans or pet food.

Estimate how much of your Social Security benefit may be considered taxable.

SHOULD I PAY OFF DEBT OR INVEST? Use this calculator to help analyze a hypothetical situation.

Maintaining good records is important to help meet your tax and legal obligations. The right record keeping system not only helps satisfy these obligations, but it may save you money and time. Here’s what to consider for your record-keeping system.

When you marry or simply share a household with someone, your life changes—and your approach to managing your money may change as well. The good news is it’s usually not so difficult.

An eligible individual may make limited annual cash contributions to an HSA to pay the qualified medical expenses of account beneficiaries, up to the annual sum of monthly limitations for months during the tax year in which the individual is eligible.

As parents, we encourage our children to work, so they can learn important values about work and independence. At what point, if at all, do children need to file an income tax return for the money they earn?

According to the Centers for Disease Control and Prevention, productivity losses linked to employees not showing up to work due to five risk factors— diabetes, smoking, high blood pressure, physical inactivity, and obesity— cost US employers $36.4 billion a year.

By May 15, 2023, over 142 million taxpayers had dutifully filed their federal income tax returns. And they all made decisions about deductions and credits – whether or not they realized it.

Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, you see smoke coming from under your hood.

Bad things happen to the best of us, and sometimes it seems like they come in waves. That’s when an emergency cash fund can come in handy.

Artificial intelligence (AI) tools have become a game changer in various industries, and they are also proving incredibly useful for retirees looking to start consulting or a small business venture. These tools can simplify tasks, streamline processes, and help retirees navigate the world of entrepreneurship more efficiently.

Use this link to check out the videos in our resource center.
???? Why Check It Out?
Cultivate Smart Money Habits: Learn how to make your money work harder for you.
Accounting Made Simple: Get to grips with the basics of accounting, crucial for personal and business success.
Tax Strategy: Navigate the complexities of taxes with confidence.
Financial Planning: Build a solid foundation for your future with strategic planning.
#SmartMoney #TaxStrategy #FinancialPlanning #InvestInYourFuture #MoneyMa

In a 2023 survey, 37% of all workers reported they were either “not too” or “not at all” confident that they would have enough money to pay for their medical expenses in retirement. Regardless of your confidence, however, being aware of potential healthcare costs during retirement may allow you to understand what you can pay for and what you can’t. Cincinnati Accounting and Tax Strategy.

Seven warning signs of incorrect Employee Retention Credit claims. Have questions?
1. Too many quarters being claimed.
2. Government orders that don’t qualify.
3. Too many employees and wrong calculations.
4. Business citing supply chain issues.
5. Business claiming ERC for too much of a tax period.
6. Business didn’t pay wages or didn’t exist during eligibility period.
7. Promoter says there’s nothing to lose.

At LSC | LongSchaefer CPA/PFS in Cincinnati, Ohio our core values set us apart.
1. #Professionalism: Our team embodies professionalism through our ethical and respectful approach in every interaction.

2. #Responsiveness: We prioritize timely and effective communication with our clients.

2. #Quality: The cornerstone of our services is our unwavering commitment to quality, we aim to deliver the highest standard of work.

Capital gains result when an individual sells an investment for an amount greater than their purchase price. Capital gains are categorized as short-term gains (a gain realized on an asset held one year or less) or long-term gains (a gain realized on an asset held longer than one year).

Michael Long is a partner of LongSchaefer & Company, Inc. Michael is focused on helping to educate clients so that they can create, maintain and distribute their wealth with confidence.

Description

Discover top-tier Accounting, Tax Strategy, and Financial Planning services at LSC | LongSchaefer CPA/PFS, based in Cincinnati, Ohio. Our expert team specializes in providing personalized financial solutions designed to grow, protect, and manage your assets with efficiency and security. From comprehensive tax planning and preparation to strategic financial consulting and wealth management, we cater to both individuals and businesses looking to navigate the complexities of finance with confidence. Start your journey towards financial success with LSC | LongSchaefer CPA/PFS. Schedule a consultation today and experience the difference of expert, client-focused service tailored to your unique needs.

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Our mission is to empower you to address your g...

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