Lauterbach, Borschow & Co. – Full Service Accounting
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Latest Tax News

Treasury Suspends Corporate Transparency Act (CTA) Reporting for U.S. Companies
The Treasury Department has suspended the CTA filing requirement for U.S. businesses, signaling a major shift in compliance obligations. While the rule may still face legal challenges, domestic companies are no longer required to report beneficial ownership information—at least for now.

Tax implications of property upgrades: repairs vs. improvements
Navigating the fine line between repairs and improvements on your property can significantly impact your tax liabilities. Discover how the IRS classifies these expenses, explore key safe harbors, and learn strategies to maximize your tax benefits. Dive into this comprehensive guide to ensure you’re making informed financial decisions when tackling property-related projects.

5 Reasons why people choose C corporations
Curious whether a C corporation could be the right fit for your business? In just a few minutes, you’ll learn five key reasons founders choose the C corporation structure. Find out how these benefits could shape your company’s future.