Lane Accounting Solutions

Recent legislation provides another round of financial assistance for qualifying businesses. Also read about several suggestions for managing remote workers in your business.

We took Silver last year! We would appreciate your support again!

An enhanced child tax credit is in place this year. This is what you need to know.

There's a chance that your taxes could be going up in the near future. Here's a quick look at what might be on the horizon and some thoughts on how to be prepared.

Time to make an estimated quarterly tax payment!

There are new filing deadlines for your 2020 tax return, but no extension for 2021 estimated tax payments. Also, some unemployment is now tax-free on your 2020 return. Here is what you need to know.

Getting a tax refund is not all it's cracked up to be. Here are some things to consider.

One of the most common reasons clients reach out... Take a look.

Looking for tax-free income? Here is a list of the more common types.

A surprise tax break for the unemployed is creating havoc on filing tax returns this year. Here is what you need to know.

Should you hire a contractor or an employee? Read about getting your worker classification right to avoid trouble with the IRS. Also find out how to engage with your customers on social media.

Prior to filing your tax return, take a moment to review it for accuracy. Here are some hints.

Major life changes can be stressful, not least because they often affect your taxes. Here are several ways that your tax situation can change due to major life events.

Here are 15 ideas that may reduce your tax bite for this year. But act soon as the year-end is fast approaching.

Fair market value is often one of the IRS's go-to items when auditing you. Here is what you need to know.

Turn your home office into a tax deduction. Also read about common IRS surprises, how to use depreciation to manage your business's profit margin and ideas to help your kids with virtual learning.

Get answers to common tax questions and read about the new world of bank reconciliations. And why not have some fun with a resurgence of these classic or newly popular board games.

A new bundle of joy?

Today marks the 4th Anniversary of the firm. I am beyond grateful for my staff and the community that has supported us. Thank you for making this crazy year a good one!

Quiz: What was the first income tax rate?

If you own a home you probably itemize your deductions on your tax return. But what if you do not itemize? Can someone using the standard deduction still get a tax break?

Oops! You find an error or omission on last year's tax return. What should you do? Is it always a good idea to file an amended tax return? Here are some things to consider.

Bolster your business's credit rating to make it easier to borrow cash when you need it. Also read about how applying for forgiveness for your Paycheck Protection Program loan just got a lot easier.

The Social Security Administration recently announced their 2021 Cost-of-Living Adjustment (COLA) changes. Here is what you need to know.

Having your tax return reviewed by the IRS is never fun. Here are suggestions to ensure you come out on the right side of an audit.

If you recently changed your name due to marriage or divorce, do not get caught in the nightmare of a rejected or changed tax return by the IRS.

Find out if a tax trap is lurking in your paycheck and what to do with your 401(k) when switching jobs. Also read about business website mistakes and fascinating facts about your favorite fall gourd.

When does a tax benefit not become a tax benefit? When you assume you no longer need to keep track of something. This is the case with the home gain exclusion.

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Lane Accounting Solutions and KC Whip Present: Customer Appreciation Event 9.25.2020 From 3 6pm... Located at Lane Accounting Solutions 14802 Shamrock Way Come inside to receive a voucher for a small frozen treat

We've made the finals! The Pitch KC is having their yearly search for "Best of" in the Kansas City area and our team has made the top 3 for Best Accounting Firm. Now, we need YOUR help to win. Click the link below, scroll down to "Best Accounting Firm" and select Lane Accounting Solutions. Thank you for all the support! Link Below https://www.thepitchkc.com/bestofkc20/

Providing a gift of stock (or other property) to a friend or loved one can be a powerful tax planning tool. However, it is not without its complications.