Liberty Financial Consulting Inc.

LFC blog is a blog about small business bookkeeping and income tax policy and preparation. We have also expanded our menu of services to include Social Security benefits analysis. For more information on LFC, visit our website at: www.lfconin.com

July 16, 2025

Big Beautiful Bill - July 2025

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The Big Beautiful bill was passed and signed into on July 4, 2025. This is a significant piece of legislation that, most importantly, made ...

January 13, 2025

January 2025 Newsletter

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The January 2025 LFC newsletter is available. It can be obtained here. Additional newsletters will made available at future dates covering ...

January 7, 2025

Other items for 2024 tax preparation

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Here are other items for the 2024 tax preparation at LFC: 1. Engagement letter - tax preparation agreement can be found here. 2. Organizin...

November 16, 2024

Tax preparation for 2024

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LFC is beginning the process of getting ready for the 2024 tax season. LFC encourages clients to act early in gathering tax documents and sc...

October 24, 2024

Tax year 2025

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Earlier this month, the IRS has released Revenue Procedure 2024-40 to provide information on adjustments and changes for the 2025 tax year ...

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