LIC TAX & Accounting Services

06/18/2026

A random work day in my life usually starts before the first real conversation of the day.

I am checking emails, looking at client messages, reviewing what came in overnight, and figuring out what needs my attention first. Some people think tax work is just sitting down with returns, but a normal day can turn into ten different things very quickly.

One client may need help understanding an IRS notice. Another may need guidance on estimated payments. Another may be asking whether they should set up payroll, change their business structure, open a retirement account, buy equipment, or finally clean up the books they have been putting off for months.

Then come the calls.

Some are technical. Some are strategic. Some are basically financial therapy.

Because a lot of people do not just need someone to tell them what number goes on what line. They need someone to help them understand what is actually happening in their business. Where the money is going. Why profit does not always feel like profit. Why waiting until tax season is usually the most expensive way to handle your finances.

In between all of that, there are documents to review, returns to prepare, follow ups to send, deadlines to manage, questions from the team, and decisions that need to be made before they become problems.

That is a normal work day.

It is not always glamorous, but it matters.

Because the work is not just filing taxes after the year is already over. The real work is helping people make better decisions while there is still time to change the outcome.

That is what I try to do every day.

06/17/2026

Money Fluency is a quick class led by Giovanni Inga on the financial language every business owner, investor, and high earner should understand.

K1: A K1 is a tax form that reports income, losses, or distributions from certain businesses or investments.

RSU: An RSU is company stock given to an employee that usually becomes theirs over time.

Carry: Carry is a share of investment profits often earned by fund managers or partners.

Bonus: A bonus is extra compensation paid beyond regular salary or wages.

Distribution: A distribution is money paid out from a business, partnership, trust, or investment.

Deferred Comp: Deferred comp is income you earn now but receive in a future year.

Phantom Equity: Phantom equity gives someone a payout based on business value without giving actual ownership.

Golden Handcuffs: Golden handcuffs are financial incentives that make it expensive or difficult to leave a job.

Clawback: A clawback allows money already paid to be taken back under certain conditions.

06/16/2026

A lot of business owners are focused on making more money, and I understand why.

Revenue matters.

Sales matter.

Growth matters.

But the longer I work with business owners, the more I see that making money is only one part of the equation.

The real question is whether the business is financially healthy.

I have seen businesses with strong revenue still struggle because there was no real system behind the money. Cash flow was unclear. Taxes were treated like a once a year problem. Spending decisions were being made without enough visibility. The books existed, but they were not being used to actually guide the business.

That is where things get expensive.

A business owner should not have to guess where the money is going. They should not wait until tax season to find out there was a problem. They should not be making major decisions without understanding the financial consequences.

The way you pay yourself matters.

The way you track cash flow matters.

The timing of your tax planning matters.

The way you read your financials matters.

And the earlier you start treating those things seriously, the more control you have over the business you are building.

To me, good financial guidance is not just about compliance. It is about clarity.

It is about helping business owners understand what is actually happening inside the business so they can make better decisions before they are forced into them.

Because the goal is not just to make more money.

The goal is to build a business that can handle the money it makes.

06/15/2026

Every financial decision has more than one consequence.⁠
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That sounds obvious, but it is one of the most important things I try to get clients to understand.⁠
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A lot of people make decisions by looking only at the first result.⁠
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Can I afford this?⁠
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Will this lower my taxes?⁠
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Will this help my business grow?⁠
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Is this a good investment?⁠
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Those are fair questions, but they are usually not enough.⁠
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The better question is, what happens after that?⁠
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If you buy something for the business, how does it affect your cash flow?⁠
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If you take on debt, how does it affect your flexibility?⁠
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If you sell an asset, what does that create from a tax standpoint?⁠
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If you hire too quickly, what happens if revenue slows down?⁠
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If you avoid taxes today, what limitations or obligations are you creating tomorrow?⁠
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That is where real financial planning begins.⁠
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It is not about being afraid to make decisions. It is about understanding the tradeoff before you commit to it.⁠
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Some decisions are absolutely worth the cost. Some risks are worth taking. Some investments make sense. Some tax strategies are smart. Some purchases really do move the business forward.⁠
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But the goal is to know what you are doing, why you are doing it, and what the second and third consequence may be.⁠
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Most expensive financial mistakes do not happen because someone was careless. They happen because someone only looked at one side of the decision.⁠
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The more you understand the language of money, taxes, debt, cash flow, assets, and planning, the better your questions become.⁠
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And better questions usually lead to better outcomes.⁠
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That is why financial education matters.⁠
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Not because everyone needs to become an accountant.⁠
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Because the more money starts moving, the more your decisions start to matter.⁠
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If you are making a major business, tax, investment, or financial decision, do not wait until after the fact to ask the right questions.⁠
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Plan before the decision gets expensive.

06/12/2026

Social Security planning starts at an early age. Here is what you should be doing now!

Too many think to pay attention to Social Security only when they near retirement. Do this at your own risk! Even those in their 20s should be taking action. Here are some tips.

06/12/2026

The five to ten years before retirement can be some of the most important financial years of your life.

This is where the plan should get sharper.

You may still have income to work with, but you are close enough to retirement that the decisions start becoming more permanent.

This is when I want to look at Roth conversion windows, capital gains exposure, charitable giving strategies, cash reserve targets, debt payoff timing, insurance gaps, Social Security timing, business exit planning, and how future withdrawals will affect your tax picture.

This is also when lifestyle clarity matters.

A luxury retirement, a quiet retirement, a travel heavy retirement, and a family support focused retirement all require different planning.

The mistake is waiting until the day you stop working to figure out how the money should move.

The better approach is to create the retirement runway before you actually need it.

If you are within ten years of retirement and want to make more intentional moves, contact me or LIC Tax and Accounting and let’s advance the plan.

06/11/2026

One of the things I have learned over the years is that you cannot do this profession well if you are not willing to keep learning.

Tax, accounting, and finance are not fields where you can learn the rules once and simply operate from memory for the rest of your career. The rules change. The laws change. The strategies change. The technology changes. The way businesses operate changes. The way people earn, invest, borrow, save, and plan for the future changes.

I think people sometimes underestimate how much movement there really is behind the scenes. A tax strategy that made sense a few years ago may not be the best approach today. A business structure that worked at one stage of growth may need to be reconsidered later. A retirement plan, investment decision, or cash flow system may need to evolve as a person’s life becomes more complex.

That is why I have always viewed this work as something that requires humility.

You have to be confident enough to advise people, but humble enough to keep studying. You have to know what you know, but you also have to stay aware of what may have changed. You have to be willing to revisit old assumptions, read the updates, ask better questions, and keep sharpening your understanding.

To me, being a lifelong learner is not just a nice personality trait in this field. It is part of the responsibility.

People are making real decisions based on the guidance they receive. They are building businesses, supporting families, preparing for retirement, buying properties, selling companies, and trying to make the most responsible choices they can with the information in front of them.

That matters to me.

I do not think the goal is to pretend you have every answer instantly. The goal is to care enough to keep getting better, to stay current, and to take the work seriously enough that the people relying on you are not getting yesterday’s thinking applied to today’s problems.

The older I get in this profession, the more respect I have for the people who keep learning. Not because they are trying to sound impressive, but because they understand that staying sharp is part of serving people well.

In a field that changes as much as this one does, consistency matters, experience matters, and judgment matters. But so does curiosity.

You have to keep paying attention.

06/10/2026

Money Fluency is a quick class led by Giovanni Inga on the financial language every business owner, investor, and high earner should understand.

Roth: Roth means you usually pay taxes now so qualified withdrawals may be tax free later.

Vesting: Vesting means you have earned the right to keep certain benefits, like employer retirement contributions.

Rollover: A rollover moves retirement money from one account to another without immediately cashing it out.

Annuity: An annuity is a financial product designed to provide income over time.

Beneficiary: A beneficiary is the person or entity chosen to receive money or assets when someone passes away.

RMD: RMD stands for required minimum distribution, which is money some retirement account owners must withdraw each year.

Trust: A trust is a legal structure that can hold and manage assets for specific people or purposes.

Estate: An estate is everything a person owns at the time of death.

Step Up: A step up can increase an inherited asset’s tax value to its market value at the time of death.

06/09/2026

One of the things I think about a lot as a father is how early kids start forming ideas about money.

They watch how we spend. They watch how we talk about bills. They watch how we react when something costs more than expected. They watch whether money feels like a source of stress, freedom, pressure, opportunity, or control.

That is why I try to be intentional about the lessons I teach my kids.

I do not want them to grow up thinking money is only for buying things.

Money is a tool.

When you learn how to manage it well, it gives you options. It gives you stability. It helps you make decisions from a stronger place.

I also want them to understand that looking wealthy and being financially healthy are not the same thing.

A lot of people spend money to create an image. The better lesson is learning how to make decisions that give you more freedom, fewer regrets, and a stronger foundation over time.

The last thing I try to teach them is that every dollar needs a job.

Some money is for today. Some money is for later. Some money is for emergencies. Some money is for investing. Some money is for building the future.

That lesson sounds simple, but it is one of the most important financial habits a person can learn.

Because the earlier you understand how money moves, the more confident your decisions become.

And as a parent, that is really what I want for them.

Not just to make money one day, but to understand it well enough to make smart decisions with it.

06/08/2026

More income is not always more wealth.

I have seen people make excellent money and still feel like they are running in place.

Why?

Because the money is leaking everywhere.

Bad tax planning.
No investment structure.
Lifestyle creep.
No estate plan.
No retirement strategy.
No separation between business cash and personal cash.

Wealth is not just what comes in.

It is what stays.
What grows.
What is protected.
What can be passed down.