Later CPA & Associates, PLLC

Later CPA & Associates, PLLC No annoying tax professional lingo. Just straight, authoritative, and friendly advice. Later CPA and Associates, PLLC was started in 2024 by Daniel Later.

He saw a need to provide tax strategy and advice to small and medium sized businesses. At Later CPA we value communication, relationship, and integrity with our clients, and strive to gain and retain clients with a high level of reliability. Services provided range from individual and business tax return preparation, to bookkeeping, to strategy and planning and other high-value services. Our team

proactively advises clients on tax law changes that will impact them. Let us know how we can help you.

05/29/2026

📢 Charitable Planning That Actually Changes the Tax Result 🎥💡

Many people assume every charitable donation creates the same tax benefit. In reality, how and when you give can make a significant difference.

In this session, we’ll cover:
✅ What "bunching" charitable donations means
✅ How Donor-Advised Funds (DAFs) work
✅ When donating appreciated assets may be beneficial
✅ Why some charitable contributions create larger tax benefits than others
✅ Common misconceptions about charitable giving and tax deductions
✅ Important planning considerations before making large donations

This is especially helpful for business owners, investors, and individuals who regularly donate to charity and want to understand the tax implications of different giving strategies.

📲 Watch the replay here: https://www.facebook.com/share/v/1Bkr7mEv5C/

Got questions about charitable giving, tax planning, or other tax strategies? Drop them in the comments or send a DM.

05/29/2026

Many people assume every charitable donation creates the same tax benefit. In reality, how and when you give can make a significant difference.

In this session, we’ll cover:
What "bunching" charitable donations means
How Donor-Advised Funds (DAFs) work
When donating appreciated assets may be beneficial
Why some charitable contributions create larger tax benefits than others
Common misconceptions about charitable giving and tax deductions
Important planning considerations before making large donations

This is especially helpful for business owners, investors, and individuals who regularly donate to charity and want to understand the tax implications of different giving strategies.

Got questions about charitable giving, tax planning, or other tax strategies? Drop them in the comments or send a DM.

Hiring a spouse through the practice can sometimes create valuable tax and planning opportunities, but it’s important to...
05/28/2026

Hiring a spouse through the practice can sometimes create valuable tax and planning opportunities, but it’s important to understand what the actual benefits are and how to structure it properly.

A lot of practice owners assume the goal is simply “income shifting,” but in many cases, the bigger advantages may come from:
• Additional retirement contribution opportunities
• Access to certain employee benefits
• More organized payroll and bookkeeping systems
• Better financial structure as the practice grows

Like any family payroll strategy, it also needs to be handled correctly with real work performed, reasonable compensation, and proper documentation.

This carousel breaks down a few key things therapists and private practice owners should understand before putting a spouse on payroll.

Want help reviewing whether this strategy makes sense for your practice? Book a discovery call below:
https://meet.latercpa.com/discovery

05/27/2026

📢 Charitable Planning That Actually Changes the Tax Result 🎁💡

A lot of people assume charitable donations automatically lower taxes, but the actual tax benefit can depend heavily on timing, structure, and how the donation is made. In some cases, the same donation can create very different tax outcomes depending on the strategy used.

In this live session, we’ll cover:
✅ What “bunching” charitable donations means
✅ How Donor-Advised Funds (DAFs) work
✅ Why donating appreciated assets may create different tax results than cash donations
✅ How the standard deduction impacts charitable write-offs
✅ Common misconceptions around charitable giving and taxes

This is especially helpful for higher-income earners, investors, and business owners wanting to make charitable giving more tax-efficient while staying aligned with their financial goals.

📅 When: May 29 at 12 noon MT
📍 Where: Live on Facebook, Instagram, and YouTube

📲 Set a reminder and join us. Bring your questions and we’ll answer them live.

05/26/2026

Tax It Easy: Daniel the CPA Answers Your Toughest Questions

One deduction many business owners miss or misunderstand is the QBI deduction.

The Qualified Business Income (QBI) deduction can potentially reduce the taxable income from your business by up to 20%, but it’s also one of the areas that can sometimes be overlooked or calculated incorrectly on self-prepared returns.

🎯 A few things to know:
• The QBI deduction applies to many business owners
• It’s calculated based on qualified business income
• Missing it could mean paying more tax than necessary
• In some situations, an amendment may help correct missed deductions

As Daniel mentioned in this week’s reel, it’s worth checking your Form 1040 to see whether the deduction was properly applied to your return.

Got a tax question you want answered next? Drop it in the comments.

Today, we remember and honor the brave men and women who gave their lives in service to our country. 🇺🇸Wishing everyone ...
05/26/2026

Today, we remember and honor the brave men and women who gave their lives in service to our country. 🇺🇸

Wishing everyone a meaningful and reflective Memorial Day as we recognize the sacrifice and courage of those who served.

Expanding into a group practice can be exciting… until the behind-the-scenes admin starts showing up 😅A lot of therapist...
05/25/2026

Expanding into a group practice can be exciting… until the behind-the-scenes admin starts showing up 😅

A lot of therapists are prepared for the clinical side of growth, but not always the payroll setup, onboarding systems, compliance requirements, multi-state considerations, and bookkeeping that come with managing a team.

Growth is great, but having the right financial and operational structure in place early can make the process a whole lot less stressful later on.

As May wraps up, take a quiet moment to reflect on your practice, not just clinically but financially.How many sessions ...
05/25/2026

As May wraps up, take a quiet moment to reflect on your practice, not just clinically but financially.

How many sessions did you deliver this month? What did you actually collect versus what you billed? Are you on track with your quarterly tax payments?

The therapists who build truly sustainable practices are the ones who give their business finances the same thoughtful attention they bring to every session.

Close May with clarity and step into summer with confidence.

05/22/2026

📢 Section 127 Education Assistance Program: Helping Employees Pay for School 🎥💡

A Section 127 Education Assistance Program can be a valuable way to help employees with education expenses while potentially creating tax advantages for both the employee and the business. But like many tax strategies, it needs to be structured and documented correctly.

In this session, we’ll cover:
✅ What a Section 127 Education Assistance Program is
✅ What education expenses may qualify
✅ Student loan payment considerations
✅ Important rules involving owners and family members
✅ Why written plans and documentation matter
✅ Common mistakes to avoid

This is especially helpful for business owners wanting to offer stronger employee benefits while understanding the tax and payroll implications correctly.

📲 Watch the replay here: https://www.youtube.com/live/MlbzOBAyM0g?si=AxLfbsq-4ZwoZLVC

Got questions about employee benefits, payroll, or tax planning strategies? Drop them in the comments or send a DM.

Charitable giving and tax planning don’t always work the way people expect.A lot of taxpayers assume every donation auto...
05/21/2026

Charitable giving and tax planning don’t always work the way people expect.

A lot of taxpayers assume every donation automatically lowers taxes, but the actual tax impact can depend on things like:
• Whether you itemize or take the standard deduction
• Timing of donations
• Type of assets donated
• Whether the organization qualifies under IRS rules

There are also strategies that may create more tax-efficient giving opportunities in certain situations, especially for higher-income earners or investors.

This carousel breaks down a few concepts many people overlook when it comes to charitable giving and taxes.

Want to explore whether any of these strategies may apply to your situation? Book a discovery call below: https://meet.latercpa.com/discovery

Address

Herriman, UT

Opening Hours

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

Telephone

+18012433019

Website

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