Smith & Lambert, CPAs

05/06/2026

Want a lower tax bill? Your tax planning needs to start now!

With so much uncertainty in the economy, the tendency is to step back and wait until things settle down. On the other hand the early bird catches the worm. Now is a great time to be thinking about steps to reduce your tax obligations, both this year and into the future. This month an article is pres...

04/01/2026

From American tax history to everyday money habits, this issue connects past and present. Test your tax history knowledge, reset your finances, and rethink the tech ideas shaping your decisions.

Anniversaries have a way of bringing forgotten pieces of history back into view. As the United States marks 250 years of independence in 2026, we're reminded that money has shaped our national story in surprising and sometimes strange ways. In this month’s newsletter, test your own knowledge a...

01/27/2026

Smith & Lambert, CPAs will be closed on Tuesday, Jan 27th.

12/19/2024

Our hearts are broken for the loss of Debby's husband, Bobby Lipscomb. Please keep Debby and their family in your prayers.

Share Memories and Support the Family.

12/04/2024

Uncover opportunities to trim your tax bill with our year-end tax savings checklist. Also find out what tax policy changes may be on the horizon in 2025.

There’s still time to uncover ways to cut your 2024 tax bill before the end of the year. In this month’s newsletter, use our year-end tax savings checklist to help you minimize your annual tax liability. Also learn about tax policy changes that may be on the horizon in 2025, and read abo...

11/06/2024

Discover several tax myths that could leave you with an expensive tax surprise. Also find out how much Social Security benefits are going up in 2025, and learn about the good, and not so good, of AI.

A number of myths about the IRS and the tax code have been gaining traction online. Believing these misconceptions could unfortunately lead to a bigger tax headache for you. In this month’s newsletter, learn about several tax myths and how you can avoid them. Also find out how much Social Secu...

10/02/2024

Boost your savings by checking out these 5 smart ways to save money. Also learn how to protect your Social Security number, and ideas to help your kids thrive this school year.

Achieving financial security for you and your family is no small task. With inflation and the allure of signing up for yet another monthly service, saving money can feel like an uphill battle. In this month’s newsletter, read about 5 ideas that can help you save money on your road to building...

09/04/2024

OUCH! My bank did not replace my stolen funds! Learn why.

Reducing the amount of interest you pay over the life of a mortgage can yield huge savings! This month's newsletter provides an illustration of just how much you can save, even with as little as $10 a month. Also in this edition, find out how cancelled debt may leave you holding a bigger tax bill, w...

07/03/2024

Learn why you should partner with a tax expert if the IRS comes knocking. Also, how retiring early is catching on FIRE, tips to avoid the summertime tax blues, and ideas to tame summer energy costs.

Responding to a letter from the IRS isn’t a weekend do-it-yourself project that you should attempt to tackle on your own. In this month’s newsletter, learn why you should partner with a tax expert if you receive either a notification saying the IRS will be auditing you, or a notice that...

06/05/2024

A tax planning session might help to lower your taxes if you find yourself in one of these situations. Also read about ideas to unplug this summer, and preparing financially to buy your next vehicle.

No matter what season of life you find yourself in, the IRS will probably find a way to tax it. In this month’s newsletter, read through several situations where a tax planning session might make sense to help you try and cut your 2024 tax bill. Also learn how to prepare yourself financially w...

05/01/2024

The best way to keep as much of your hard-earned money away from Uncle Sam as possible is by having a strategy that you revisit throughout the year. Here are some tax planning ideas to consider.

Having a low tax bill doesn’t happen by accident. The best way to keep as much of your hard-earned money away from Uncle Sam as possible is by having a tax planning strategy that you revisit throughout the year. In this month’s newsletter, we’ve got some tax planning ideas to consi...