EVENTS
HOUSTON OFFICE
CAREERS
SUBMIT RFP
MAKE A PAYMENT
ABOUT
PEOPLE
SERVICES
Part of being a most trusted advisor is taking the time to look at the big picture.
Accounting & Consulting
Assurance Services
Business Advisory Services
Estate, Gift & Trust
Financial Advisors
International Tax
State & Local Tax
Tax Services
INDUSTRIES
LGT is one of the largest professional accounting and advisory firms in the Dallas/Fort Worth metroplex area.
Construction/Real Estate
Dealer Services
Dental Practice
Healthcare Industry
Manufacturing & Distribution
Not-for-Profit
INSIGHTS
CONTACT
ABOUT
OUR PEOPLE
SERVICES
Accounting & Consulting
Assurance Services
Business Advisory Services
Estate, Gift & Trust
Financial Advisory
International Tax
State & Local Tax
Tax Services
INDUSTRIES
Construction/Real Estate
Dealer Services
Dental Practice
Healthcare Group
Manufacturing & Distribution
Not-for-Profit
INSIGHTS
EVENTS
CAREERS
CONTACT
MAKE A PAYMENT
LGT's Profit Sense
Using Funds From a 529: Important Things to Know
Navigating the Fed Rate Cut: Key Insights for Small Businesses
What 501(c)(3) Organizations Should Know About Maintaining Tax-Exempt Status
FASB Standard Updates: What Nonprofits Should Know
Enhancing Benefits: Employer Contributions to Employee Student Loan Repayments
Practical Cash Management Tips for Nonprofits
Sunset on Summer: Simple Steps for a Tax-Ready Fall
Common Audit Triggers for Nonprofits (And How to Avoid Them)
5 Companies That Revolutionized Their Manufacturing Operations for Peak Efficiency
Tax Tips for Family Caregivers: Unlocking Credits, Deductions, and Benefits
How Changes to Form 5500 Rules May Affect Audit Requirements
New FLSA Rules and Their Potential Impact on Nonprofit Payrolls
Maximize Your 20% Pass-Through Income Deduction with Smart Retirement Contributions
Deducting Meals and Entertainment Expenses: What Business Owners Should Know
Tax Refund Scams: What Taxpayers Need to Know in 2024
Reasons to Outsource Accounting Tasks in a Nonprofit
5 Benefits of Board Diversity and 3 Tips for Building a Diverse Board of Directors
Preparing for Tax Changes in 2025
Key Updates to Overtime Regulations for 2024
Maximizing Nonprofit Benefits from Clean Energy Tax Credits
2024 R&D Payroll Tax Credits: A Business Owner's Guide
How to Nail Down Accurate Estimates for a Thriving Construction Business
Unlock Your Business's Potential: Embrace the Power of Accounts Payable Automation
Building Beyond 2023: Trends and Challenges in Construction
ACE Act Unveiled: Transforming Charity Landscape
Tax Law Updates: Essential Tips for Your 2023 Return
LGT Named to the List of Best Places to Work in Texas 2023
IRS Employee Retention Credit Moratorium Ending Soon: Key Details and Action Steps
Stay Audit-Ready: Top 6 Documents You Should Keep for the IRS
Unlocking the Benefits of the New Markets Tax Credit for Nonprofits
2024 Tax Tune-Up: Strategies for Manufacturers
Reporting Payments to Independent Contractors: Forms 1099-NEC & 1042-S
Building Security: Unmasking the Cyber 'Villains' in Construction!
Beneficial Ownership Reporting: What You Need to Know Before 2024
A Guide to the Revisions in the Audit Requirement for Employee Benefit Plans
5 Best Practices for NFP Boards When Reviewing Form 990
Your Guide to Accurate Estimates in Building a Successful Construction Business
What NFPs Should Know on the New IRS Electronic Filing Requirements for 2023
Partner Spotlight: Lucas LaChance
Contractors: Here's 6 Ways You Can Increase Your Cash Flow and Bonding Capacity
Top 9 Manufacturing Trends of 2023, from a Manufacturing Leader at LGT
Small Business Owners: You May Want to Check Out the Proposed Small Business Jobs Act
Texas Legislature's $18 Billion Tax Cuts: What Business Owners and Property Owners Should Know
Partner Spotlight: Kevin Warneke
Preparing for an ERC Audit? Here's Everything You Need to Know Now
How to Avoid Fraud: 10 Essential Steps to Protect Your NFP from Fraud
A Simple Guide to Activity-Based Costing for Construction Companies
10 Manufacturing Incentives in the Inflation Reduction Act Everyone in M&D Should Know
Answering Your FAQs from the Latest Updates on Residential Energy Credits
Did Congress Just Provide Funding for Your Not-For-Profit?
The 12 Most Common Tax Scams Everyone Should Know in 2023
Recruiting Spotlight: Jillian Hawkins, PHR
8 Small Business Accounting Errors You Could be Making and How to Avoid Them
Everything You Need to Know About the Biden Administration's 2024 Budget
What You Should Know About the 401K Audit Requirement, from an Assurance Services Principal
8 Ways Inflation Rates are Changing Your Financial Statements
Partner Spotlight: Babita Sherchan, CPA
How New Markets Tax Credits Can Benefit Nonprofits
7 Tips on Preparing Your Business in a Downturn
Deducting Losses for Tax Year 2022
Preparing Your Not-For-Profit for an Audit Under ASC 842
Upcoming Deadlines to File for Employee Retention Credits
Understanding the Inventory Turnover Ratio
Partner Spotlight: Kyle Pacheco, CPA, CCIFP
5 Reasons Internal Audit Functions are Vital for Your Business
Single Audit Requirements for Not-for-profits that Receive Federal Funds
The Secure 2.0 Act: What You Need to Know
Increased Risk for Wholesalers and Retailers: Changes to Public Law 86-272
7 Ways Construction & Real Estate Companies Can Prepare for a Possible Recession
Professional End-of-Year Tax Planning Tips Written Just for You
3 Ways Not-For-Profits Can Save Money in the Face of Inflation
Reducing Negative Effects from Poor Manufacturing Inventory Management Processes
The Inflation Reduction Act Targets Energy Efficiency Improvements
Addressing Weaknesses in a Not-For-Profit’s Budget: Avoid These Mistakes in 2023
Turn your Sales Tax Compliance from a Burden to a Benefit
The 6 Best Ways to Strengthen Your Internal Controls
How Charitable Organizations Ensure Donors Receive Tax Deductions
Mitigating Cybersecurity Risks in the Construction Industry
IRS Releases "Dirty Dozen" Tax Scams for 2022
How to Manage Workforce Challenges in the Construction Industry
Misconceptions of Real Estate Investing
Changes are Coming to Your Employee Benefit Plan Audit: Here’s What You Need to Know
Types of Planned Gifts
How to Leverage Inventory Cost Management to Improve Your Company's Profitability
Meet LGT: Meghan Dunshee, CPA
Meet LGT: Sara Godecke, CPA
Market Update - March 2022
Record Retention Guide: How Long Should You Be Keeping Your Tax Documents
What We Learned at CICPAC's 2021 Construction Summit
5 Dealership Accounting Processes That Need Revamping
Developing and Maintaining a Nonprofit Planned Giving Program
2021 Tax Return Prep: Child Tax Credits & Economic Impact Payment Letters
What You Need to Know About the Market in 2022
Time to Start Paying Deferred Social Security Taxes
Charitable Deduction AGI Limits for Cash Contributions Return to 60% for Individuals in 2022
Why you should encourage online prequalification
New construction company? Ask these five questions first.
What happened in Q3?
Estate Tax Changes
Lean Manufacturing, COVID-19, and its Sustainability Future
Biden's 'Green Book' Tax Proposal
Contractors: Avoid these eight exit planning mistakes
How Food and Beverage Companies are Adapting to Current Labor Shortage Issues
Is the ERC canceled?
U.S. Treasury Proposes New Cryptocurrency Tax Compliance Rules
Not-for-Profits Benefit from Effective Grant Management
Benefits of ESOP Options for Architecture, Engineering and Construction Companies
How to Leverage Digital Transformation in Manufacturing
Buying Another Dealership?
2021 Still Seeing Upwards Momentum
IRS Heightens Reporting Requirements for Virtual Currency Transactions
Construction Companies: Five Goals to Set Your Company Up for Successful Growth
Maximize Tax Savings with Section 179D Energy-Efficient Deduction
Ways to Fortify Client and Personnel Relations in the Digital Age
Give a C.R.A.P. about your design
3 Causes of Delayed Construction and Real Estate Economic Recovery and How to Protect Your Business
Ways to lower your dealership’s cost structure
The Battle of Zoom Fatigue
IRS Issues Additional Guidance on Employee Retention Credit for 2021
Predictions of Hope
How Construction Companies Can Benefit From the R&D Tax Credit
Employee Tax Credit for COVID-19 Vaccine
The Evolution of ERP to Today’s Modern Business Systems
Am I ready for the office or clinging to my PJs?
Payroll Protection Program Extension Provides Small Businesses Additional Time to Apply
How to Avoid Becoming a Victim of Employee Theft
Document Your Vendor Approval Process to Avoid Fraud
BYOB: Build Your Own Budget, Part 2
American Rescue Plan Act of 2021
How to account for forgivable PPP loans
4 Key Changes Nonprofits Should Expect in a Post-COVID World
Shuttered Venue Operators Grant
Digital construction technology and the pandemic
FASB releases guidelines for reporting gifts-in-kind
The importance of cash flow forecasting resonates with business owners
3 ways DMS can help you work smarter
IRS Helps Taxpayers Combat Tax Return Identity Theft
Big Changes to the Employee Retention Credit in the Recent Bill
2020 A year we will not soon forget
BYOB: Build Your Own Budget-Part 1
2020 Year-End Tax Planning Ideas
It's time for a financial review
Proposed Estate and Gift Tax Plan Under Biden Administration
Market review brings positive light to 2020
How to Improve Manufacturing Efficiency With Big Data
The Benefits of Benchmarking Your Manufacturing Operation
A Q&A with Dawn Möeder
A presidential election will impact the market
Small businesses have a new loan forgiveness option
PPP loans and ownership changes
IRS released its final regulation on business meal deductions.
Have You Seen Your Utility Bills Lately?
Finding the Right Benchmark
Fringe Benefits and Gross Income
Strategies for Accelerating the Value of Your Manufacturing Business
Controlling Cash in a Down Economy
Market Update - September 15th
Why You May Need a Financial Advisor
10 Do and Don'ts to Survive Your Sales Tax Audit
Best Practices from a Managing Partner
Latest with the IRS Guidance on Payroll Tax Deferral
LGT is the Best Place to Work!
What Does Trump’s Payroll Tax Deferral Plan Mean For You?
Wealth Savings for the Long Term: Mortgage Refinance
Donor Advised Funds: Smart Giving
Preventing Cyberattacks in the Construction Industry
Running Towards Success
Four Essential Due Diligence Steps to Ensure a Successful Transaction
How to Create Your Story
Market Update for July
Wayfair Celebrates its 2-Year Anniversary in the Middle of a Pandemic
How Not-for-Profits Can Use Virtual Fundraising During the Pandemic
Sound Financial Management Helps Not-for-Profits Through the COVID-19 Pandemic
The Next 70 Years
Partner Spotlight: Scott Gunn, JD, CFP®, CPFA
CARES Act and Net Operating Losses
Paycheck Protection Flexibility Act
Savings 101: Pay Yourself First
Getting Ahead of Estate Planning
Boost gross profits by improving inventory management
Pivotal Guidance Regarding the PPP Loan Forgiveness
FA Market Update - May 22, 2020
FA Market Update - May 15, 2020
SBA Loan guidance on Single-Audits for Nonprofits
Not-for-Profit’s Guide to Federal COVID-19 Stimulus Legislation
Main Street Lending Program Targets Relief for Small- and Mid-size Businesses
FA Market Update - May 8, 2020
Texas made changes to the state tax rules because of COVID-19
FA Market Update - May 1, 2020
Paycheck Protection Program (PPP) Pitfalls
FA Market Update - April 24, 2020
FA Market Update - April 17, 2020
FDIC Sweep Program & Brokered CDs
You Have Your PPP Loan, Now What?
FA Market Update - April 10, 2020
CARES Act: Economic Impact Payments for Individuals
CARES Act: Business-Only Provisions
FA Market Update - April 3, 2020
Deferral of 2020 Required Minimum Distributions (RMD)
CARES Act: Employee Retention Credit
LGT's Profit Sense
Financial Tips from Your Trusted Advisor
Keeping you up to date with:
Tax Updates
Changes in Accounting Standards
Financial Strategies
Retirement Planning
Industry Insight in: Construction, Healthcare, Not-for-Profit, Manufacturing, Distribution & Retail, Real Estate and Dealer Services
Business Advisory Services
Posts by Topic
1099
(1)
2023
(1)
2024
(15)
2025
(1)
529 Plan
(1)
70th anniversary
(1)
accounting
(8)
Accounting Tips
(25)
Accounts Payable
(1)
ACS
(4)
AI
(1)
Artificial Intelligence
(1)
ASD
(1)
Assurance Services
(6)
Audit
(14)
Auto
(11)
award
(1)
benchmarking
(1)
benefits
(4)
Big Data
(1)
blockchain
(1)
Bonding Capacity
(1)
Brand
(2)
breakingnews
(8)
budget
(6)
business advisory
(1)
business liability
(1)
business owners
(2)
Business Systems
(2)
Business Viability
(1)
Buy Sell
(1)
CAA
(2)
CARES Act
(14)
cash flow
(2)
cash management
(1)
client loyalty
(1)
compensation
(1)
Construction
(28)
consulting
(8)
Contractors
(2)
coronavirus
(30)
COVID-19
(32)
cryptocurrency
(2)
cyber security
(2)
cybersecurity
(5)
dallas
(2)
dealer services
(15)
dealership
(7)
deductions
(5)
deferral
(1)
dental
(1)
disaster planning
(1)
diversity
(1)
doctors
(2)
Donor Advised Funds
(1)
Donor Statements
(2)
ebp
(1)
Employee Benefit Plans
(2)
employee retention
(7)
employer
(1)
ERP
(1)
estate planning
(2)
estate tax
(2)
events
(4)
exit planning
(1)
expenses
(1)
Families First Coronavirus Response Act
(1)
FASB
(2)
FFCRA
(1)
Financial
(9)
Financial Accounting Standards Board
(1)
Financial Planning
(26)
financial statements
(1)
Firm News
(4)
FML
(1)
foodservice
(1)
Form 5500
(1)
fraud prevention
(4)
GAAP
(1)
gift tax
(2)
Good News
(2)
grants
(1)
green
(1)
Healthcare
(7)
holiday party
(1)
How to
(3)
HR
(2)
human resources
(2)
inflation
(3)
information technology
(1)
insurance
(2)
Interest Rates
(1)
Internal Controls
(3)
inventory
(3)
investment
(12)
IRS
(20)
IT
(1)
KPI
(1)
leadership
(2)
lean manufacturing
(1)
Lease
(2)
LGT
(3)
loans
(4)
losses
(1)
managing partner
(1)
managing sleepless nights
(8)
Manufacturing & Distribution
(17)
market
(12)
Market Update
(7)
Marketing
(2)
medical
(5)
Metrics
(1)
NFP
(17)
no haggle
(1)
Nontraditional Partnerships
(1)
Not-for-Profit
(37)
optimization
(1)
overtime
(1)
Paid Leave
(1)
paid sick leave
(1)
Partner Profiles
(3)
Partner Spotlight
(13)
pass-through
(1)
Paycheck Protection Flexibility Act
(1)
Paycheck Protection Program
(8)
payroll
(3)
Personal Casualty
(1)
Planned Giving
(2)
policy
(1)
PPF
(1)
PPP Loan
(5)
practice
(3)
press release
(1)
professional services
(2)
property owners
(1)
QBI
(2)
R&D
(1)
Real Estate
(17)
recession
(2)
record retention
(1)
recovery
(1)
recruiting spotlight
(1)
Rental Properties
(2)
rental real estate
(2)
Reporting
(1)
retailers
(1)
retirement
(2)
revenue
(1)
Revenue Recognition
(3)
RMD
(1)
safeharbor
(1)
SALT
(8)
Section 199A
(1)
small business
(7)
social media
(1)
Start-up
(1)
State and local taxes
(2)
stimulus check
(1)
Strategic Planning
(2)
succession planning
(1)
Tax
(60)
Tax Changes
(1)
tax credits
(11)
tax cuts
(1)
Tax Cuts and Jobs Act
(2)
Tax Planning
(3)
tax records
(1)
tax returns
(3)
TCJA
(2)
technology
(2)
Texas
(1)
used cars
(1)
Vaccine
(1)
W2
(1)
wages
(1)
Wayfair
(1)
wholesalers
(1)
Work From Home
(1)
see all topics
Recent Posts