For years, LDK Tax & Accounting has been providing quality, personalized financial guidance to local individuals and businesses. Our expertise ranges from basic tax management to accounting and bookkeeping services. LDK Tax & Accounting strives to understand each clients need and provide a plan to achieve them. We aim to free up your time so you can focus on your business! Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals.
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LDK Tax & Accounting provides a wide range of services to individuals and businesses in a variety of industries. At LDK Tax & Accounting, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. At LDK Tax & Accounting, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
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LDK Tax & Accounting is a full-service accounting firm serving clients throughout the year, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs. On this website, you will find information about LDK Tax & Accounting, including our list of services.
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Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred. The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
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Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
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