Congratulations to Laciak>cpa Senior Amanda Bray on obtaining her MBA from Valparaiso University! We’re very proud of you, and excited to watch as you…

health savings accounts 2021

The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA basics An HSA is a trust created or organized exclusively for the…

covid-19 economic stimulus payment questions

Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending…

PPP Loan Guidance

The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program (PPP) loan. Specifically, an…

Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a deductible traditional…

charitable contributions

In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity.…

COVID Tax Questions

The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you…

IRS announces Coronavirus relief

Dear Valued Clients: In consideration of the most recent COVID-19 pandemic updates and information, Laciak>cpa offices will continue modified operations, with most employees working from…

net operating loss

The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating provisions included in a previous tax law. Here’s a look…

IRA Advice Coronavirus

The coronavirus (COVID-19) pandemic has caused the value of some retirement accounts to decrease because of the stock market downturn. But if you have…