The Lawhorn Ledger
Financial Insights and Business Strategy
Straight from The Lion’s Mouth
Charity & Taxes: Tax-Deductible Donations & Donor-Advised Funds (DAF)
Donating to charity is a noble and worthwhile thing to do. In addition to supporting causes and organizations you care about, donating to charity can benefit you come tax season. How do charitable donations impact taxes? In short, charitable donations can reduce your...
How Early Is Too Early? The Perfect Time to Start Preparing for Year-End Tax Planning
As the saying goes, "The early bird catches the worm," but when it comes to year-end tax planning, can you start too early? The short answer is no. In fact, the earlier you begin, the more control you’ll have over your financial outcomes. By being proactive,...
Unlock Savings with Effective Communication
Tax-related items can be daunting, however Effective communication with your Certified Public Accountant (CPA) and the team behind them, is crucial. By taking some proactive steps a stressful experience can turn into a seamless one. Timely communication with your tax...
What is Beneficial Ownership?
Beneficial Ownership Information Reporting (BOI) is new to 2024. It is a regulatory requirement designed to increase transparency and compliance in company ownership. Relevant to business owners (LLC/Corp/SMLLC) because it involves disclosing individuals who have...
SafeSend Tax Returns
Lawhorn is proud to announce we are utilizing SafeSend Tax Returns for our clients beginning in 2024!! SafeSend Tax Returns is a software company designed for accounting firms and tax professionals to streamline the tax return delivery and signature process for...
Meet Lawhorn CPA Partner Jennifer Chan
For those of you who are new around here, we're excited to introduce you to Jennifer Chan, a Lawhorn CPA Group partner. Jennifer recently celebrated her 20th year working for Lawhorn CPA Group. Jennifer met Jeff Lawhorn (founder) when she was a waitress at a Japanese...
Digital Back-Office Accounting: Benefits, Tools, & More
Traditional back-office accounting involves endless stacks of important papers and packed file cabinets. The digital age has changed everything, including back-office accounting, and the benefits go far beyond a cleaner office. In this article we will explain what...
Local Band “RUM MONDAY” donates over a dozen Instruments ($7000+ in value) to Knoxville’s Community School of the Arts
KNOXVILLE, TN – A three-piece local band has done something wonderfully incredible to support the next generation of artists, by donating more than a dozen brand-new musical instruments to Knoxville’s Community School of the Arts. The generous gift will provide...
Hiccups at the IRS Cause Taxpayers Indigestion
This year, many Americans received a letter from the IRS, asking them to verify their identities online. Some letters warned recipients that fraudulent tax returns had been filed for them. The remedy? A complicated series of steps that includes...
What You Should Know About Crypto
Chances are, you have been around someone who was talking about trading digital currency or checking their phone every day to see how their Bitcoin or Ethereum was trending in the global market. Here is the reason why … Since 2011, the cryptocurrency market went from...
Charity & Taxes: Tax-Deductible Donations & Donor-Advised Funds (DAF)
Donating to charity is a noble and worthwhile thing to do. In addition to supporting causes and organizations you care about, donating to charity can benefit you come tax season. How do charitable donations impact taxes? In short, charitable donations can reduce your...
How Early Is Too Early? The Perfect Time to Start Preparing for Year-End Tax Planning
As the saying goes, "The early bird catches the worm," but when it comes to year-end tax planning, can you start too early? The short answer is no. In fact, the earlier you begin, the more control you’ll have over your financial outcomes. By being proactive,...
Unlock Savings with Effective Communication
Tax-related items can be daunting, however Effective communication with your Certified Public Accountant (CPA) and the team behind them, is crucial. By taking some proactive steps a stressful experience can turn into a seamless one. Timely communication with your tax...
What is Beneficial Ownership?
Beneficial Ownership Information Reporting (BOI) is new to 2024. It is a regulatory requirement designed to increase transparency and compliance in company ownership. Relevant to business owners (LLC/Corp/SMLLC) because it involves disclosing individuals who have...