LCW CPAs

Meet Pily!

Born in the Dominican Republic, Pily discovered her passion for accounting while helping with payroll in her family’s agricultural business. Today, she brings that same dedication, along with a deep love of family, faith, and lifelong learning, to her work at LCW CPAs.

Get to know Pily and the journey that brought her to LCW: https://lcwcpas.com/meet-pily/

LCW is proud to support the Merrimack Valley YMCA's 35th Annual Auction Gala on Friday, September 25.

As the Y’s largest fundraiser of the year, this special evening helps make youth development programs and resources accessible to young people throughout the Merrimack Valley, regardless of their income or background.

We’re pleased to support an organization helping local children learn, grow, and thrive.

Learn more: https://mvymca.org/event/auction-gala-2026/

35th Annual Auction Gala - Merrimack Valley YMCA Your guide to our annual auction gala at the Merrimack Valley YMCA, serving Andover, North Andover, Lawrence & Methuen.

A smoother tax season often starts with small changes made throughout the year. Regular bank reconciliations, accurate tracking of tax liabilities, organized records, and reliable payroll processes can all help business owners stay informed and avoid last-minute surprises.

This LCW CPAs blog shares five practical changes that can help you strengthen your bookkeeping, reduce stress, and make tax preparation easier - timeless advice worth revisiting.

Read more: https://bit.ly/3K74uB4

Are you measuring the numbers that really tell you how your business is performing?

Revenue and profit are important, but they’re only part of the picture. Cash flow, customer acquisition costs, receivables, employee productivity and dozens of other metrics can provide valuable insight into the health of your business.

LCW CPAs shares 99 ways to measure financial performance: https://bit.ly/3XkiyMj

Bookkeeping should give you clarity - not take time away from running your business.

LCW CPAs provides outsourced bookkeeping services to help keep your financials accurate, current, and organized. From invoicing and bill payment to reconciliations and month-end close, our team can handle the details while giving you reliable information to make informed business decisions.

Spend your time where it adds the most value.

Learn more: https://bit.ly/4nHgxaX

The tax rules for business meals changed in 2026.

Under new federal tax rules, certain employer-provided meals that were previously 100% deductible are no longer deductible. Meanwhile, some off-site employee events remain 100% deductible and qualifying business meals with clients, prospects or vendors generally remain 50% deductible.

Understanding the differences - and keeping detailed records - can help businesses plan expenses and avoid surprises at tax time.

Learn more: https://bit.ly/4xpV8al

Building a successful construction business takes more than keeping projects on schedule - it takes a clear understanding of the numbers behind every job.

LCW CPAs works with contractors, builders, developers, and other construction businesses to provide accounting and tax expertise that helps them better manage costs, understand profitability, and plan for growth.

You focus on building the business. We'll help you build a stronger financial foundation.

For more: https://bit.ly/3DXvkJH

We will never forget.

LCW is proud to sponsor the North Andover Historical Society’s 2026 Lifetime Preservation Award celebration on September 10.

This year’s honoree, Peter Boynton, has dedicated countless hours to protecting North Andover’s natural resources and historic character. His years of public service have included work on the Town Planning Board, stewardship of Lake Cochichewick as harbormaster, and the creation of the annual Lake Cleanup Day.

We are honored to help celebrate a lifetime of service that will benefit North Andover for generations to come. Congratulations, Peter!

https://www.andovertownsman.com/news/local_news/boynton-to-be-honored-with-lifetime-preservation-award-sept-10/article_8b6a7a95-4410-5109-aad9-4669a4758608.html

Boynton to be honored with lifetime preservation award Sept. 10 NORTH ANDOVER — The North Andover Historical Society will honor Peter Boynton Sept. 10 with the 2026 Lifetime Preservation Award.

In a partnership, equity isn’t just one number on the balance sheet.

Each partner has a capital account that changes as contributions are made, profits or losses are allocated, and distributions are taken. Keeping those accounts accurate is essential for clear financial reporting and understanding each partner’s position in the business.

Our blog takes a closer look at partnership equity and how the pieces fit together: https://bit.ly/3k5OTrV