As a business owner, staying on top of your financial health is essential for making informed decisions and achieving long-term success....

Navigating the complexities of 1099 forms is an essential task for business owners as the year comes to a close. Proper adherence to the...

When it comes to tax deductions, the nuances of what can and cannot be deducted often leave taxpayers puzzled, especially in the realm of...

When considering the most advantageous tax structure for your business, an S-Corporation (S-Corp) often emerges as a compelling choice...

At LUMI Accounting and Financial Services, we often guide clients through the complexities of maintaining proper records to support their...

Taxation plays a crucial role in the management and strategy of any business, directly impacting everything from cash flow to...