LBS Tax

LBS Tax Tax Resolution Specialist Experienced tax professionals services with the warmth of your local hometown.

πŸ“„ Why Is Filing Your Tax Return Important?Filing your tax return isn’t just about meeting a tax requirement. It can also...
09/03/2026

πŸ“„ Why Is Filing Your Tax Return Important?

Filing your tax return isn’t just about meeting a tax requirement. It can also help you:

βœ… Claim eligible tax deductions & credits
βœ… Receive a tax refund if you're owed one
βœ… Keep your financial records organized
βœ… Build a clear tax history
βœ… Avoid potential penalties for missed filing requirements

πŸ“Œ Filing accurately and on time can help you stay financially organized and avoid unnecessary tax problems.

Don’t just fileβ€”file with confidence.

πŸ“ž Contact us at: (480)664-1249 OR (480)666-1317
πŸ”— Visit us at: https://www.lbstax.com/

πŸ’Ό Payroll Checklist Every Business Should Follow MonthlyPayroll isn’t just about paying employees on time. A monthly rev...
09/03/2026

πŸ’Ό Payroll Checklist Every Business Should Follow Monthly

Payroll isn’t just about paying employees on time. A monthly review helps keep your payroll accurate and organized.

βœ… Review employee hours & pay rates
βœ… Verify new hires, terminations & changes
βœ… Check payroll tax calculations
βœ… Review federal & state payroll filings
βœ… Reconcile payroll with your accounting records

πŸ“Œ A monthly payroll check can help prevent costly errors and compliance issues.

Stay organized. Stay accurate. Stay payroll-ready.

πŸ“ž Contact us at: (480)664-1249 OR (480)666-1317
πŸ”— Visit us at: https://www.lbstax.com/

πŸ“… Q4 TAX PLANNING: The Most Important Tax Window of the Year β€” And Most People Miss ItFor residents and business owners ...
09/02/2026

πŸ“… Q4 TAX PLANNING: The Most Important Tax Window of the Year β€” And Most People Miss It

For residents and business owners in Southshore and across Chandler, AZ, the fourth quarter isn't just the end of the calendar year β€” it's your last chance to change your tax outcome before the year closes.

Here's the critical difference: in April, the tax year is already over. All you can do is report what happened. But right now β€” Q4 is underway β€” you still have time to take real action.

Top Q4 tax strategies before December 31:

πŸ’° Maximize Retirement Contributions
401(k), IRA, and SEP-IRA contributions reduce your taxable income dollar-for-dollar. IRS limits reset every January 1.

🎁 Make Charitable Donations
Cash or property donations are deductible if made before December 31 β€” and properly documented.

πŸ–₯️ Time Major Business Purchases
Section 179 expensing allows immediate deduction of equipment, machinery, and software purchased before year-end.

πŸ“‰ Harvest Investment Losses
Capital losses offset capital gains β€” and up to $3,000 of ordinary income. Review your portfolio now.

πŸ“Š Adjust Estimated Tax Payments
If your income changed significantly this year, Q4 is the time to adjust your final quarterly payment.

At LBS Tax Services, we offer dedicated Q4 planning sessions for Chandler-area clients β€” reviewing your full financial picture and identifying every move you can still make before January 1.

πŸ‘‰ Schedule your Q4 planning session: https://www.lbstax.com/accountant-chandler-az/

⭐ Already worked with us? Help other Southshore residents find year-round tax expertise: https://maps.app.goo.gl/A9QN6iyQbVoMsTz7A

πŸ“ž LBS Tax Services β€” Chandler's proactive tax planning team.

🚨 Could your financial records reveal a red flag before it becomes a bigger problem?πŸ” Regularly reviewing transactions c...
09/02/2026

🚨 Could your financial records reveal a red flag before it becomes a bigger problem?

πŸ” Regularly reviewing transactions can help nonprofits identify unusual activity, inconsistencies, duplicate payments, or unauthorized expenses before they impact your organization. Strong financial oversight and consistent documentation create greater visibility and accountability.

πŸ›‘οΈ Fraud prevention starts with strong financial controls and attention to the details. Protecting your nonprofit’s resources today can help reduce financial risk and support stronger operations tomorrow.

πŸ“ˆ Ready to strengthen your nonprofit’s financial safeguards? LBS Tax is here to help.

πŸ“ 2390 N Alma School Rd #115, Chandler, AZ 85224
πŸ“ž (480) 664-1249
🌐 www.lbstax.com/contact

πŸ’° Form 1040: Your Tax Return Tells More Than You ThinkForm 1040 brings together important parts of your financial pictur...
09/01/2026

πŸ’° Form 1040: Your Tax Return Tells More Than You Think

Form 1040 brings together important parts of your financial picture, including:

πŸ“Œ W-2 & 1099 income
πŸ“Œ Self-employment income
πŸ“Œ Investment income
πŸ“Œ Rental income
πŸ“Œ Tax deductions & credits

πŸ” A small mistake or missed detail can affect your final tax outcome.
πŸ“Œ Your 1040 deserves more than a quick review.

Prepare it accurately. Review it carefully. File with confidence.

πŸ“ž Contact us at: (480)664-1249 OR (480)666-1317
πŸ”— Visit us at: https://www.lbstax.com/

πŸ“š Is Your Bookkeeping Falling Behind?Running a business is busy enough. Your books shouldn't be another thing to worry a...
09/01/2026

πŸ“š Is Your Bookkeeping Falling Behind?

Running a business is busy enough. Your books shouldn't be another thing to worry about.

With monthly bookkeeping, you can:
πŸ“Š Know how your business is performing
πŸ’° Keep track of income and expenses
πŸ” Catch errors before they become bigger problems
πŸ“ˆ Monitor your cash flow
🧾 Stay better prepared for tax time

πŸ“Œ Don't wait until tax season to find out what happened with your money.

Keep your books updated. Know your numbers. Run your business with confidence.

πŸ“ž Contact us at: (480)664-1249 OR (480)666-1317
πŸ”— Visit us at: https://www.lbstax.com/

🌱 Growth starts with a financial strategy that supports your mission.For nonprofits, sustainable growth requires more th...
08/31/2026

🌱 Growth starts with a financial strategy that supports your mission.

For nonprofits, sustainable growth requires more than increasing revenueβ€”it requires understanding resources, operational capacity, and long-term financial priorities. Aligning financial goals with program objectives helps organizations make smarter decisions about investments, services, and future expansion.

πŸ“ˆ Ready to build a stronger financial roadmap for your nonprofit? LBS Tax can help you create strategies focused on stability, efficiency, and sustainable growth.

πŸ“ 2390 N Alma School Rd #115, Chandler, AZ 85224
πŸ“ž Phone: (480) 664-1249
🌐 www.lbstax.com/contact

🏠 HOME OFFICE DEDUCTION: What West Chandler and Chandler, AZ Remote Workers Need to KnowIf you work from home in Chandle...
08/31/2026

🏠 HOME OFFICE DEDUCTION: What West Chandler and Chandler, AZ Remote Workers Need to Know

If you work from home in Chandler, AZ, you might be sitting on one of the most valuable tax deductions available to self-employed professionals β€” and potentially leaving thousands of dollars on the table.

βœ… Who Can Claim It:
β€’ Self-employed individuals (sole proprietors, freelancers, independent contractors)
β€’ Business owners with a home workspace
β€’ Partners or S-Corp shareholders under certain conditions

❌ Who Cannot Claim It:
β€’ W-2 employees (this deduction was suspended for employees after 2017 tax reform)

βœ… Qualifying Rules:
β€’ The space must be used REGULARLY and EXCLUSIVELY for business
β€’ It must be your principal place of business (or used for client meetings)
β€’ A spare bedroom used sometimes for work doesn't qualify β€” a dedicated office does

πŸ“ Two Calculation Methods:

Simplified Method: $5/sq ft Γ— office square footage (max 300 sq ft = up to $1,500). Easy, minimal documentation.

Regular/Actual Expense Method: (Office sq ft Γ· Total home sq ft) Γ— Total home expenses (rent/mortgage, utilities, insurance, repairs). Often yields a significantly larger deduction.

We calculate both for every eligible client and apply whichever produces the better result.

πŸ‘‰ Claim what you're owed: https://www.lbstax.com/accountant-chandler-az/

⭐ Happy client in West Chandler? Share your experience: https://maps.app.goo.gl/tZJWodGqWjjpra3s5

πŸ“ž LBS Tax Services β€” maximizing deductions for Chandler's remote workforce.

🎯 Are your programs delivering the impact your resources are designed to create?Understanding program costs, cost per se...
08/28/2026

🎯 Are your programs delivering the impact your resources are designed to create?

Understanding program costs, cost per service, resource utilization, and funding performance helps nonprofits make smarter operational decisions. These insights allow leadership to improve resource allocation, identify opportunities, and align spending with organizational priorities.

πŸ“ˆ Measuring efficiency isn’t about doing lessβ€”it’s about helping every dollar support your mission more effectively. LBS Tax can help turn your financial data into meaningful strategies for growth and sustainability.

πŸ“ 2390 N Alma School Rd #115, Chandler, AZ 85224
πŸ“ž Phone: (480) 664-1249
🌐 www.lbstax.com/contact

❓ FAQ: 'Can't I Just Use Tax Software Instead of Hiring a Professional?'We hear this often from Cooper Commons residents...
08/28/2026

❓ FAQ: 'Can't I Just Use Tax Software Instead of Hiring a Professional?'

We hear this often from Cooper Commons residents and across Chandler, AZ β€” and it's a fair question. For some situations, software works fine. But here's what most people don't realize:

Tax software asks what you know to enter. A professional accountant asks better questions β€” and finds what you didn't know to ask about.

βœ… When tax software is probably enough:
β€’ Simple W-2 return, one employer, standard deduction
β€’ Single filer with one income source and no major life events
β€’ No business income, investments, or rental properties

❌ When you need a professional:
β€’ Self-employed, freelance, or business owner with deductible expenses
β€’ Multiple income streams (wages + freelance + rental + investments)
β€’ IRS notices, back taxes, or unfiled years
β€’ Major life events: marriage, divorce, home purchase, inheritance, retirement
β€’ You want proactive tax strategy β€” not just compliance
β€’ You want expert review before your return is filed

The real question isn't 'which is cheaper upfront?' β€” it's 'which one finds more deductions and keeps me out of trouble?'

Most LBS Tax Services clients find that professional fees pay for themselves in savings identified and penalties avoided.

πŸ‘‰ See if a professional is right for you: https://www.lbstax.com/accountant-chandler-az/

⭐ Happy you chose professional help? Help other Cooper Commons residents find us: https://maps.app.goo.gl/zyvwR9Pg3UsUavWp7

πŸ“ž LBS Tax Services β€” Chandler's trusted tax professionals.

Address

2390 N Alma School Road #115
Chandler, AZ
85224

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 4pm

Telephone

+14806641249

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