LGH Consulting, Inc.

  • It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also can deduct them in certain circumstances. Unfortunately, under current law, you may not be able to deduct as much as you could years … Read More

    Vehicle expenses: Can individual taxpayers deduct them?

  • Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are … Read More

    Five tax implications of divorce

  • As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no longer need to be concerned with federal estate tax. Before 2011, a much smaller amount resulted in estate plans attempting to avoid it. Now, … Read More

    Your estate plan: Don’t forget about income tax planning

  • Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is profitable. But what if the new enterprise consistently generates losses (your deductions exceed … Read More

    Want to turn a hobby into a business? Watch out for the tax rules

  • Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible for tax breaks. Here’s a rundown of some of them. Medical expenses. If the individual qualifies as … Read More

    Caring for an elderly relative? You may be eligible for tax breaks

  • What are the tax consequences of selling property used in your trade or business?There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that the property you want … Read More

    The tax mechanics involved in the sale of trade or business property

  • The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief laws, the usual deduction for 50% of the cost of business meals is doubled to 100% for food and … Read More

    Fully deduct business meals this year

  • The clock is ticking down to the April 18 tax filing deadline. Sometimes, it’s not possible to gather your tax information and file by the due date. If you need more time, you should file for an extension on Form 4868.An extension … Read More

    It’s almost that time of year again! If you’re not ready, file for an extension

  • Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for part of the year.The tax treatment depends on how many days it’s rented and your … Read More

    The tax rules of renting out a vacation property

  • If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you on trips.The rules for deducting a spouse’s travel costs are very restrictive. First of all, to … Read More

    Can you deduct the costs of a spouse on a business trip?

Welcome to LGH Consulting, Inc.

Thank you for visiting our website. Here at LGH Consulting, Inc. we are available to step in and assist you and your company in any stage of your financial process. We can perform bookkeeping tasks for you to generate monthly or periodic financial statements.

We believe that the management of your business or your home is team effort. We appreciate the opportunity to work with you to develop the best plan, to monitor it and to help modify as needed - the inevitable taxes should be the least legal taxes. No one has an obligation to pay more than the minimum tax and all legal avoidance measures should be used.

Minimum taxes flow from tax planning and use of financial and accounting methods that result in the best returned income position. It is often too late to benefit from avoidable taxes at the tax reporting due date.

Taxes paid do nothing for you. Taxes avoided improve your financial position. Tax planning and reporting is an area of concentration for use because of the benefits to our clients. This applies to individuals, corporations, partnerships or estates. Non-residents and aliens have special laws that affect them. We understand those laws.

Whether you participate in tax planning or wait until the last minutes, we will obtain the best result available when we prepare your taxes. We can only begin to tell you about our company and the services we can provide.

Contact us to discuss your needs. Regardless of whether your needs are in an area of high specialization or you have more general types of problems, service to you and the protection of your financial position is our major concern.

OUR MISSION

certified public accountant

LGH Consulting, Inc. began in May, 1977. Today the firm has offices in Anaheim and as well as … Read More

SERVICES

services

We provide a wide range of services to individuals and businesses in a variety of industries. We … Read More

RESOURCES

tax resources

Here are some tax-related guides you might find useful:Tax Guide for Vehicle Expenses Tax … Read More

California’s Professional Tax & Accounting Firm

Local: (714) 808-9170 | Toll Free: 800-262-2721
Contact Us Today
yelp linked in