Tax Projections

, August is here!  Kids are getting ready for back to school and summer vacations are winding down. We are getting ready to send our youngest to college – lots of changes for everyone!    Tax Projections have started and given the increase/changes for any IL residents, the increase in income tax is going to surprise everyone. So let’s make sure we don’t get caught with some large tax bills come tax time. Interested in a tax projection? Please let us know below!

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We would love to invite you to Ladies Night Out on Tuesday, August 8th, from 5 - 8 pm in the downtown Huntley area. Local businesses, including LMM & Associates, will be open with all kinds of goodies, etc!  We are enjoying our new office space and look forward to having you visit!                    Enjoy these last few weeks of summer – hoping they are full of memories!   Laura LMM & Associates, Inc. 11017 N. Woodstock Street Huntley, IL  60142 847.458.2460 P.S.  Sales Tax Reports are due on August 20th

AUGUST TAX INSIGHT Credit Card Debt Forgiveness If you find yourself in a difficult situation when it comes to credit card debt, you may be able to make an arrangement with card companies to pay a fraction of the debt owed. The remaining portion of the debt is considered cancelled debt or 'forgiven debt'. Learn more about how 'forgiven debt' can affect your tax situation.  August Tax Insight Bulletin

5 WAYS TO BOUNCE BACK WHEN LIFE KNOCKS YOU DOWN Don't Let Your Problems Be Your Identity Success Magazine, By Margie Warrell Life is not linear. No matter how well-thought-out your plans are, they will eventually be interrupted. Lean into the curves when life doesn’t unfold as you’d hoped, and you will bounce back more quickly.  Read More

We are dedicated to our clients and all of their different tax and business accounting needs. We provide tax preparation, accounting, and other financial services to individuals and businesses. Visit Our Website

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