LVM Accounting

Tax season might feel far off, but the best time to plan is before April. Swipe through for three smart strategies to help lower your tax bill when it’s time to file.

Contact us if you have questions or want support with personalized tax strategies. We’re here to help all year round, not just during tax season.

📣Important tax reminder📣

If you filed for a tax extension earlier this year, your new deadline to submit your return is October 15th, and it will be here before you know it.

Here are a few things to keep in mind:

🟢You may owe interest and penalties if you have taxes due since April. The extension gave you more time to file, not more time to pay. If you have owed taxes since April, the IRS has likely been charging interest since then. Paying your taxes as soon as possible helps minimize those extra costs.
🟢Don’t assume the IRS will contact you. Be proactive and file before the deadline. If you miss the October deadline, expect a penalty. The IRS may eventually reach out, but you might rack up some hefty penalties and interest by then.
🟢Amended returns take longer. If you file now and realize later that something was missing or incorrect, you can still file an amended return. However, amended returns can take months to process. Try to get it right the first time to avoid delays.

If you have questions about your return, or anything tax related, please don’t hesitate to give us a call. We’re here to help.

Are you retiring soon or already enjoying your retirement? As the end of the year approaches, now is the time to take advantage of tax-saving opportunities designed specifically for retirees. Swipe through for an overview of five tax moves to consider before December 31.

Navigating taxes in retirement requires planning, but it doesn’t have to be complicated. Contact us to ensure you’re getting the most from your retirement income.

This Labor Day, we’re excited to treat ourselves to some true relaxation and maybe fetch a few extra ZZZs while we’re at it.

Keep in mind that our office will be closed Monday, September 1st, but we’ll be back on Tuesday — ready to dig into how we can help you.

Wishing you a fun, safe, and restful holiday!

🗓️ Q3 Tax Deadline Reminder 🗓️

The deadline for third-quarter estimated tax payments is September 15, 2025! For those who do quarterly estimated tax payments, be sure to complete your federal and state payments (if applicable) by the deadline to avoid penalties or interest on the tax owed.

If you have any questions or need assistance, our team is here to help you navigate the process and ensure compliance with all regulations. Don’t hesitate to reach out!

Wishing you a safe and joyful Independence Day! However you celebrate, we hope your weekend is filled with fun, relaxation, and great company.

Please note that our office is closed on July 4th. We’ll be back to assist you on Monday, July 7th.

This Father’s Day, we’re honoring the man, the myth, the jokester — the dad! And what better way to celebrate than with a dad joke of our own:

Q: Why don’t eggs tell jokes?

A: Because they might crack up!

Tag a father or father figure in your life who would definitely tell this joke, and share your best dad joke in the comments!

Happy Father’s Day to the comedians of the family!

With tax season behind us and June marking National Homeownership Month, now is a great time to explore the tax benefits that come with owning a home! From mortgage interest deductions to energy-efficient credits, there are valuable opportunities to maximize your savings — especially as real estate purchases and renovations pick up in the summer months.

Swipe through to learn more, and if you have questions about how these deductions and credits apply to you, give us a call. Our team is here to help!

This Mother’s Day, we’re celebrating the incredible moms who somehow always knew the answers — no Wi-Fi required.

They solved mysteries, handled endless “why” questions, and loved us through it all. 💕

Wishing all the amazing moms out there a day full of love, laughter, and the easiest of questions.

Waiting on your tax refund? The good news is that delays are usually temporary. Swipe through for common causes of a delayed refund and how to check your refund status.