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OUR BLOG


Filing Taxes on an Estate: A Step-by-Step Guide for Executors
When a loved one passes away, you're often not just managing grief—you're managing paperwork, assets, and the IRS. If you've been named...
Lang Faylor Chomo
Jun 172 min read


Internal Controls vs. Assurance Services: How They Work Together to Protect Your Business
When it comes to managing financial risk and ensuring the accuracy of your financial reporting, two powerful tools work...
Lang Faylor Chomo
May 213 min read


LLC, S-Corp, or C-Corp: What’s the Best for Tax Efficiency?
When starting or restructuring a business, one of the most important decisions you’ll make is how to structure your company —and taxes...
Lang Faylor Chomo
Apr 213 min read


Tax Deadline Extensions
Tax season can be stressful, and sometimes life throws curveballs that make meeting the standard filing deadline difficult. In these...
Lang Faylor Chomo
Mar 192 min read


Why Quarterly Tax Payments Help Come Tax Season
For many self-employed individuals, freelancers, and small business owners, tax season can feel overwhelming—especially when faced with a...
Lang Faylor Chomo
Feb 173 min read


Itemized Deductions vs. Standard Deduction: Which One is Right for You?
When it comes to filing your taxes, one of the biggest decisions you’ll face is whether to take the standard deduction or itemize your...
Lang Faylor Chomo
Jan 203 min read


How to Organize Your Finances Before Tax Season
As tax season approaches, many people start to feel overwhelmed by the task of gathering all the necessary documents and preparing their...
Lang Faylor Chomo
Dec 16, 20244 min read


Budgeting Basics for Startups: A Guide to Staying on Track
Starting a new business is exciting, but it also comes with challenges, especially when it comes to managing finances. Without a proper...
Lang Faylor Chomo
Nov 19, 20243 min read


What Are Financial Assurance Services? A Guide for Businesses
In today’s complex financial landscape, businesses must ensure that their financial operations are not only compliant with regulations...
Lang Faylor Chomo
Oct 15, 20244 min read


7 Reasons You Should Outsource Your Bookkeeping
Managing a business can be challenging. With everything from managing the team, promoting products and services, and addressing daily...
Lang Faylor Chomo
Sep 19, 20242 min read


Forty Under 40 Nominee by Lehigh Valley Business
Lang Faylor Chomo and Company is thrilled to congratulate Tyler Seiferheld, one of our valued shareholders, on being named a Forty Under...
Lang Faylor Chomo
Sep 16, 20241 min read


How KPIs Can Help Improve Your Business
In the fast-paced world of business, staying competitive requires more than just hard work and dedication. It requires a clear...
Lang Faylor Chomo
Aug 15, 20244 min read


What to Consider When Your Tax Bracket Increases
An increase in your tax bracket is often a sign of financial success, indicating that you have moved into a higher income range. While...
Lang Faylor Chomo
Jul 11, 20243 min read


How the Right Accounting Software Can Improve Your Business
In today’s fast-paced business environment, efficiency and accuracy in managing financial data are critical to success. The right...
Lang Faylor Chomo
Jun 14, 20243 min read


What Is IRS Form 1040 and Who Needs It?
Millions of Americans face tax season every year, and a key part of that is dealing with the IRS Form 1040. But what exactly is Form...
Lang Faylor Chomo
May 21, 20243 min read


Empowering Local Businesses: The Community Benefits of Financial, Accounting, and Tax Planning Support
In today's globalized economy, the allure of large multinational corporations often overshadows the crucial role local businesses play in...
Lang Faylor Chomo
May 16, 20244 min read


The Year-Round Necessity of a CPA: Why Your Financial Health Demands Constant Care
In the world of personal and business finances, the role of a Certified Public Accountant (CPA) is often perceived as seasonal and...
Lang Faylor Chomo
Apr 23, 20244 min read


Demystifying Financial Statements: A Guide for Business Owners
Financial statements serve as the pulse of any business, offering valuable insights into its financial health, performance, and...
Lang Faylor Chomo
Apr 16, 20242 min read


Common Tax Mistakes to Avoid: Tips from Experienced CPAs
Tax season can be a stressful time for individuals and businesses alike, with the complexity of tax laws and regulations often leading to...
Lang Faylor Chomo
Mar 14, 20243 min read


Tax Considerations for DINK (Dual Income, No Kids) Households
As DINKs, you and your partner have paying jobs with no kids. You could be married or unmarried but have decided to be kid-free. With no...
Lang Faylor Chomo
Feb 26, 20243 min read
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