News & Information Relevant to Your Financial Success
Contained on this page of our website, you will find news briefs relevant to the financial industry. This area is updated frequently, as we continue to provide our clients and visitors the most current information available.
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Latest Articles and News from Lesemann CPA
The Ugly Side of the American Dream | The American Dream – Step 3b
First of all, let me tell you that it is much easier for me to write this article telling you what you should be doing then for me to do it. The subject is Ugly, Gruesome, Hideous & Repugnant! As our Managing Member, I hate this side of our firm. If you are like...
The American Dream, Step 3 – Choosing Your Legal & Tax Structure
When we started this series – The American Dream – we had no idea of what was about to emerge in our world: COVID-19 . Economies have been shattered, social distancing is now the norm and many small businesses have had to temporarily shut down (with many closing...
NC General Assembly Unanimously Passes COVID-19 Relief Bill
Do you know that the phrase "never say never" first appeared in the Charles Dickens' novel The Pickwick Papers? On Saturday, the NC General Assembly proved it true once again by passing unanimously Senate Bill 704: COVID-19 Recover Act. One of the bill's primary...
Resources and Updates Related to Covid-19 in NC
A few months ago, we started living under the COVID-19 umbrella (some would call it more of a tent). We were told to stay at home, learned a new term called "social distancing" and realized that the face masks that we were used to only seeing on those in the medical...
CARES Act Creates 2nd Economic Disaster Loan Program
The CARES Act has been passed by Congress and signed by President Trump. With the signing of this Act into law, we now have an additional economic disaster loan program available to small businesses. Managed under SBA 7(a) loan program, this new Business Loan Program...
Families First Coronavirus Response Act
To all of our Clients – with all of the chaos in the world right now, we feel it important to provide you with accurate and verifiable information as we receive it. Families First Coronavirus Response Act On Wednesday, March 18, 2020 President Trump signed the...
NC Joins the IRS in Extending Tax Filing Deadline
To all of our Clients & Friends of the Firm: With all of the chaos in the world right now, we feel it important to provide you with accurate and verifiable information as we receive it. NC Joins the IRS in Extending Tax Filing Deadline On March 21, 2020, the North...
The American Dream: STEP 1
As discussed in our last CPA blog, The American Dream of Owning Your Own Business, today we will begin walking you through the necessary steps in starting your own business. The first step has three (3) lessons: LESSON #1 - WHY? & WHO? Look in most MBA books...
The American Dream of Owning Your Own Business
For most of my life, I’ve heard the phrase “…living the American dream”. Ever wondered what that dream is? Google the phrase “What is the American Dream ?” and you’ll get about 14,500,000 results. Ask someone, and you will get as many different answers as the...
Federal Shutdown – Key Information for Citizens and Employees
With no end in sight of the US Government shutdown, we felt it necessary to provide you with information regarding the IRS shutdown contingency plan. Please contact Lesemann CPAs should you have any questions. IRS releases shutdown contingency plan The Internal...