LGH Consulting, Inc. began in May, 1977. Today the firm has offices in Anaheim and as well as … Read More
The IRS began accepting 2021 individual tax returns on January 24. If you haven’t prepared yet for tax season, here are three quick tips to help speed processing and avoid hassles.Tip 1. Contact us soon for an appointment to prepare … Read More
Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022. Here’s a rundown of those that may be important to you and your business.Social Security tax The amount of an … Read More
The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (Business returns are already being accepted.) Even if you typically don’t file until much closer to the April deadline (or you file for … Read More
While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures are adjusted annually for inflation.If you’re like most … Read More
After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2022 by 2.5 cents per mile. The IRS recently announced that the … Read More
If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest you pay on the loans. The answer is yes, subject to certain limits. The maximum amount of student loan interest you can … Read More
Among the biggest long-term concerns of many business owners is succession planning — how to smoothly and safely transfer ownership and control of the company to the next generation.From a tax perspective, the optimal time to start … Read More
Awards and settlements are routinely provided for a variety of reasons. For example, a person could receive compensatory and punitive damage payments for personal injury, discrimination or harassment. Some of this money is taxed by the … Read More
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.
We provide a wide range of services to individuals and businesses in a variety of industries. We … Read More
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