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accounting services

How to Save on Taxes With LG Resources’ CPA and Accounting Services

Taxes are an inescapable reality of business, but there are often more opportunities to reduce them than employers realize. 

At LG Resources, we understand the importance of efficient financial management, and we're here to help you leverage the tax code to your advantage. Our comprehensive array of accounting and CPA services can help startups, established businesses, and nonprofit organizations find ways to save.

Exploring LG Resources' Accounting and Tax Services

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LG Resources offers a wide range of accounting-related services to help you save money and optimize your financial management. Here's a glimpse of what we can do for your organization:

CPA Services

Navigating the intricacies of tax laws can be overwhelming. Our CPAs and other tax experts can assist you in filing quarterly, federal, and state taxes, ensuring that you meet your tax obligations while optimizing your strategy. We help you save money and stay compliant.

Business Valuation

Our objective valuations across all industry types provide a clear understanding of your business's worth, which is essential for strategic decision-making. Knowing the value of your business can help you make informed decisions regarding investments, acquisitions, and tax planning.

Succession Planning

Succession planning is critical for the future of your business. LG Resources can help you set up a well-designed succession plan that ensures a smooth transition from one generation to the next. Proper planning can also help reduce the tax burden on the transition of assets.

Personal Financial Planning

Our personal guidance can help you manage risk and improve your overall financial performance, ultimately leading to personal tax savings.

Audits, Reviews, and Compilations

We understand that organizations may be audited, and risk tolerance can vary across industries. Our experts can assist with auditing and review needs at all levels, providing a clear picture of your financial standing. A meticulous financial review can help uncover tax-saving opportunities.

Forensic Accounting

In the case of accounting disputes or financial irregularities, our forensic accounting specialists can help investigate and resolve these issues. This can protect your business from legal and financial risks while potentially uncovering tax-saving opportunities.

New Business Formation

Starting a new business unit? Our specialists can assist your startup with accounting, helping you properly form your new business for success. Proper business structure can have significant tax implications, and our experts can guide you through the process.

Small Business Accounting and Bookkeeping

Our small business accounting services ensure that your financial records are accurate and up to date. With precise bookkeeping, you'll have a clear view of your financial situation, enabling you to make informed tax-related decisions.

Tax Services For Non-Profit Organizations

Non-profits have unique financial needs. LG Resources can help determine if your organization will retain its tax-exempt status based on IRS classifications. Ensuring tax-exempt status can save your organization money and maintain its financial stability.

Why Choose LG Resources for Tax-Related Services?

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1. Savings Focus

Taxes are a significant factor in any organization’s budget. At LG Resources, we specialize in finding innovative ways to help you save on your tax bills. Our goal is to reduce your tax liability and help you save time, putting more money back into your business.

Our accounting services team has more expertise and in-depth knowledge of the tax code than most CPAs, allowing us to identify deductions you might be overlooking.

2. Up-to-Date Expertise in Compliance

Navigating the complexities of tax compliance can be a daunting task. Tax laws are constantly evolving, making it crucial to stay up to date with the latest regulations. 

LG Resources can assist you in filing your quarterly, federal, and state taxes, ensuring that your returns are accurate and compliant. This not only saves you time but also mitigates the risk of costly errors.

3. Lucrative Tax Credits

Beyond standard tax compliance, our team specializes in helping businesses take advantage of lucrative tax credits. We are constantly on the lookout for new tax incentives and programs that can help employers save.

One such program is the Employee Retention Credit (ERC), which can provide a significant financial boost to your business by offsetting payroll taxes. Some of our clients have found they are eligible to save up to $26,000 per employee; others are eligible for smaller but still helpful amounts. Our experts can help you find, apply for, and maximize this and other available tax credits.

4. One-Stop Shop

We offer all the tax-related services you need under one roof, saving you time and effort. Having a single point of contact for all your financial needs ensures consistency and reduces the risk of errors.

Beyond tax-related services, LG Resources also offers an array of other cost-saving solutions to make your operations more efficient. Here are some additional services we can assist you with:

  • Expense Reductions: We help you eliminate billing errors, reduce overcharges, and find savings opportunities. Lower expenses can lead to higher profits and room for growth.
  • Employee Engagement Solutions: Our innovative engagement strategies can help your team increase productivity and employee retention, ultimately improving your organization's financial performance.
  • Employee Benefits Consulting: Build or expand your employee benefits program with a range of tax-advantaged options. Our team can help you set up a benefits package that attracts and retains top-tier talent, all while saving you money. We can even help you set up a preventative health benefit at zero net cost due to its tax advantages.
  • Green Energy Solutions: Reduce your energy costs and find renewable options that work for your properties. We take on the financial risk for you so that there’s little to no upfront investment needed. With sustainable energy, you can reduce your reliance on the grid and have more stable monthly bills.
  • Merchant Processing Solutions: Get secure, easy-to-use payment solutions with low rates and world-class customer service. LG helps with payment processing, mobile card readers, virtual terminals, e-commerce, point-of-sale systems, integrated payment solutions, and more.

Ready to Unlock Accounting Savings with LG Resources?

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At LG Resources, our mission is to help your organization thrive. Our accounting and tax-related services are designed to optimize your financial management, reduce tax liability, and put more money back into your business. Whether you're a startup, an established business, or a non-profit organization, we have solutions tailored to your specific needs.

For more information on how we can assist you in achieving your tax savings and financial goals, schedule a demo with us today. Our team is ready to answer your questions and offer the support you need. Unlock the power of tax savings with us today.

 

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Find Out How Much You Could Be Saving With LG.