The holiday season is a time for generosity — but it can also be an opportunity to make smart financial moves. Thoughtful gifting isn’t...

Year-End Bonus vs. Profit Distribution: What’s Better for Your Taxes? As the calendar year comes to a close, many business owners begin...

Many business owners want to support family members financially — whether it’s helping a child in college, giving a spouse income, or...

As the season of gratitude approaches, many of us look for ways to give back to the causes we care about. At Lucrum Legal Accounting, we...

October is the season of haunted houses, ghost stories, and unexpected scares—but one of the spookiest surprises a business owner can...

As the leaves change and the year winds down, many business owners and professionals push tax planning to the bottom of their to-do...

Running a family-owned business often means blending professional goals with personal values. One common question we hear from...

Fraud can lurk in the shadows of any business—sometimes for years before it’s uncovered. That’s why the role of a Certified Fraud...

Fraud costs businesses billions every year—and often, the damage goes unnoticed until it’s too late. That’s where a Certified Fraud...

What Is the OBBBA—and Why It Matters Enacted on July 4, 2025, the One Big Beautiful Bill Act (OBBBA) delivers sweeping tax changes...

On July 4, 2025, President Donald Trump signed into law a sweeping legislative package—known colloquially as the One Big Beautiful Bill...

Fraud is not just a headline-grabbing scandal — it’s an everyday risk that quietly drains businesses of money, time, and trust. According...

Because sunshine shouldn't stress out your spreadsheets. Summer’s coming in hot—and while the pool parties and vacations are heating up,...

If you're a small business owner, taxes are probably not your favorite topic—but they should  be on your radar all year long, not just in...

Nobody likes a surprise tax bill—or a much smaller refund than expected. But both can happen if your tax withholding isn’t quite right....

Let’s be real, crypto still feels like the Wild West. There’s gold to be mined, fortunes to be made, and chaos around every corner. But...

Each year, the Internal Revenue Service (IRS) releases its "Dirty Dozen" list - a compilation of the most prevalent tax scams.

Starting a new business is both exciting and challenging. In the early stages, managing cash flow is critical to survival.

You have until the federal tax filing deadline to make contributions for the previous tax year.

Collecting W9 forms from vendors is critical to maintaining compliance and ensuring smooth tax reporting.