The Economic Investment Firm

10/29/2026

You have built a successful business. But have you built a plan for what happens to it?

Legacy planning is bigger than who inherits the company. It means making sure your business, investments, and retirement assets work together, and creating choices for the next generation, even if they do not want to run the business.

Watch the full video, then let's start planning. 👉🏽 LSASAccounting.com

Strategies today. Wealth tomorrow. Legacy forever.

TaxStrategy

10/29/2026

Tax Myth Monday: "Every extra dollar should go back into the business."

Business owners, reinvesting is smart. But it isn't the only smart move.

The truth: when most of your wealth sits in one business, your future depends on that one asset. And its future value, its sale price, and even your ability to sell are not guaranteed.

Investing outside your business doesn't mean you're less committed. It means your financial future isn't carried by one thing.

Remember, the goal isn't to stop investing in your business. It's to build your financial future alongside it.
Save this, and ask yourself: What do I own that isn't my business?

If you're not sure, ask. Contact my office to start the conversation.

This is financial education, and preparation matters.

10/22/2026

10/20/2026

Tax Myth Monday: "If I spend it on the business, I save on taxes."

Business owners, this one costs people money.

The truth: a deduction lowers your taxable income, not your tax bill dollar for dollar. Spending a dollar to save a fraction of that dollar is still spending a dollar.

Some purchases make sense on their own, and the tax benefit is a bonus. But buying something only for the write off is not a strategy.
A real tax strategy asks first: is this the right financial decision for my business? Then it considers the tax impact.

Remember, the goal isn't simply finding deductions. It's making sound decisions with taxes in mind.

Before you spend for the write off, ask. Talk to your tax professional, or contact my office to book a planning conversation before December 31.

This is financial education, and preparation matters.

10/19/2026

Your Q4 Money Meeting

Before December 31, have this meeting with your money.

Business owners, grab a coffee and review:
* Projected income for the year
* Your current tax position
* Cash reserves
* Owner compensation
* Retirement contributions
* Planned investments
* Debt
* Goals for next year

You still have time to be intentional. Q4 is when your choices can still make a difference on your 2026 picture.

Remember, a 30 minute check in with yourself now beats guessing in April.
Save this and share it with a business owner you know. Questions about your own numbers? Talk to your tax professional or contact my office.

This is financial education, and preparation matters.

10/12/2026

TAX MYTH MONDAY - If my business is profitable, I'm building wealth.

Business owners, let's talk about this one.

The truth: profit and wealth are not the same thing. Profit is what the business produced. Wealth is what you keep, grow, and own after taxes, expenses, reserves, debt, reinvestment, and your own pay are covered.

Plenty of owners have a profitable year and still wonder where it all went. But if that's you, you're not alone, and it's fixable.

Remember, profit tells you what happened. A plan decides what it becomes.
Save this post, and ask yourself: what part of this year's profit is building my wealth?

Questions? Talk to your tax professional or contact my office.
This is financial education, and preparation matters.

10/10/2026

The $100K Question

If an extra $100,000 landed in your business account tomorrow, would you know exactly what to do with it?

Before deciding where it goes, ask yourself:

If you own a business: What would I owe in taxes on it?

Is my business structured the best way for my tax situation?

Am I paying myself in a tax-smart way?

Have I made the most of retirement contributions through the business?

If I reinvest, what are the tax effects?

If you're an individual:
How would this change my taxable income this year?

Am I using my retirement accounts, like a 401(k) or IRA?

Could a health savings account or another tax advantaged account help?

Do I need to adjust my estimated tax payments?

Is charitable giving part of my plan?

10/09/2026

Profit Is Only the Beginning. Visit www.LSSaccounting.com to learn more about how we can help your business.

10/09/2026

Profit Isn't the Finish Line

Your business made a profit. Now what?
Business owners, profit is the starting line, not the finish line. The real decisions come next:

Taxes
Cash reserves
Reinvestment
How you pay yourself
Retirement
Investing

Most owners are great at earning money. Few were ever shown what to do with it next. Not sure where to start? Just ask.
Remember, profit works harder when it has a plan.

Save this post as your reminder. Then talk to your tax professional or contact my office to start the conversation.

This is financial education, and preparation matters.