Lang Allan & Company

09/03/2026

Are You on Track for Year-End Success?
Mid-year is the ideal time to take control of your finances:
• Review what’s working
• Fix what’s not
• Prepare for upcoming tax obligations
It doesn’t have to be overwhelming. Start with these simple steps:

Download the Mid-Year Financial To-Do List and check off each item as you go. https://langallancpa.com/summer-reset-your-mid-year-financial-to-do-list

If you need help tackling any of these areas, give us a call.

09/02/2026

Your inbox has enough surprises. Tax deadlines shouldn't be one of them.

September is an important month for many business owners. Estimated tax payments and extension deadlines are around the corner, so now is a good time to make sure everything is on track.

09/01/2026

Ready to shift from revenue-driven to profit-focused?

There’s a big $$$ difference between a CEO focused on revenue and a CEO focused on profit.

A revenue-focused CEO:
“I made $15K this month!”
…but spent $12K to get there.

Always busy, constantly hustling, and still wondering why the bank account doesn’t match the effort.

A profit-focused CEO:
“I brought in $15K and kept $7,000.”

Tracks expenses, spends intentionally, and builds a business with real staying power.

Same revenue. Different mindset. Better outcome.

One looks impressive. The other builds wealth.

Let’s talk!

08/31/2026

At What Point Does Law Firm Growth Stop Feeling Like Success?

Remember when adding another attorney felt like a major milestone?

Fast forward a few years, and growth can start to feel...different.

√ More people.
√ More meetings.
√ More management.
√ More complexity.

Sometimes partners tell me they miss the days when practicing law was the hardest part of the job.

Has your role changed into something you never expected?

08/28/2026

Is Your Best Property Actually Your Worst Investment?

Owning the property with the highest value doesn't always mean it's delivering the best return.

When was the last time you compared:
• Cash flow
• Appreciation
• Maintenance costs
• Vacancy
• Time spent managing it

Sometimes the property that looks like a winner on paper is quietly draining your profits.

What's one metric you rely on most when evaluating your portfolio?

08/27/2026

Want to catch fraud problems early? Review your financials every month and know exactly where to look.

Fraud doesn’t wait. Put internal controls in place before you think you need them.

That’s how you catch the quiet stuff before it gets loud, messy, and turns into a disaster.

If you have a team in-house handling your books:
1. Don’t let the same person authorize payments and reconcile the accounts.
2. Big expenses or payroll changes should get a second look.
3. Only give financial access to the people who need it.
4. Review reports monthly, you’ll catch issues sooner.
5. Track everything. No receipt? No reimbursement.

https://langallancpa.com/fraud-prevention-and-internal-controls-checklists

What would you add?

08/26/2026

Before August ends, check off these 5 financial tasks for your business.

Swipe left to learn what they are and why they matter.

08/25/2026

How do I record a business loan in QuickBooks?

Most importantly, a business loan is not income. It's a liability that you'll repay over time.

Here's how to record it correctly:
1. Create a loan liability account. Set up a Long Term Liability or Other Current Liability account (depending on the loan terms).
2. Record the loan deposit. When the loan funds are deposited into your bank account, categorize the deposit to the loan liability account, not income.
3. Record your loan payments correctly. Each payment includes:
- Principal, which reduces the loan balance
- Interest, which is recorded as an interest expense
4. Reconcile your loan account regularly. Compare your QuickBooks loan balance to your lender's statements to ensure they match.
5. Keep all loan documents. Save your loan agreement, payment schedule, and monthly statements for your records.

Recording business loans correctly helps keep your Balance Sheet accurate, your financial reports reliable, and your books tax-ready.

Need help cleaning up your books or reviewing your QuickBooks?
Give us a call.

https://langallancpa.com/professional-services/accounting-and-management-consulting-services/bookkeeping-services

08/24/2026

What are my responsibilities under the Uniformed Services Employment and Reemployment Rights Act?

Several states have their own military leave laws and may offer greater protections for military service members.

The Act provides covered military service members with certain employment rights, such as leaves of absence, health benefits continuation, and reemployment. Here is some information to help you understand your requirements under USERRA.

Check your state law for details. https://sbshrs.adpinfo.com/what-are-my-responsibilities-under-the-uniformed-services-employment-and-reemployment-rights-act

ADP

Here is some information to help you understand your requirements under USERRA.

08/21/2026

Standard Mileage Rates Increase For The Second Half Of 2026

Beginning July 1, 2026, the optional standard mileage rates are:
• 76 cents per mile for business use, up from 72.5 cents.
• 23.5 cents per mile for medical purposes, up from 20.5 cents.
• 23.5 cents per mile for moving purposes for eligible active-duty military and certain intelligence community members, up from 20.5 cents.
• 14 cents per mile for charitable miles, unchanged.

That means taxpayers now have two sets of standard mileage rates for 2026.

Use the original rates for qualifying mileage from January 1 through June 30.

Use the revised rates for qualifying mileage from July 1 through December 31.

https://www.forbes.com/sites/kellyphillipserb/2026/07/13/irs-announces-increase-in-standard-mileage-rates-for-the-second-half-of-2026/