LSL

06/03/2026

There’s nothing quite like bringing the entire LSL team together.

Our annual Firm Retreat kicked off in beautiful, sunny San Diego with a welcome reception overlooking the San Diego Bay. Team members traveled from across the country—including California, Utah, Arizona, Texas, Alabama, New York, New Jersey, Florida, and Georgia (and more!)—to reconnect, meet new colleagues, and celebrate another year of growth.

From great conversations and stunning views to a fun-filled casino night, it was the perfect way to begin a retreat centered around one of our core values: Accomplish More Together!

06/03/2026

GASB 103 is here—and while the changes may seem straightforward at first glance, applying them to real financial statements can raise important questions. Join LSL Senior Manager Riley Greenlee, CPA, for a comprehensive deep dive into the updated Financial Reporting Model, including practical examples, reporting scenarios, implementation challenges, and audit considerations.

Whether you're preparing for year-end, evaluating presentation changes, or navigating unusual or infrequent items, this session will help you better understand what’s changing and how to prepare. Can't attend live? Register anyway and we'll send you the recording: https://lslcpas.com/webinars-government/

05/21/2026

Celebrating and supporting the incredible women leaders and future leaders shaping our community. LSL Tax Partner Cheryl Orcutt, CPA, attended the ACG OC Women in Leadership White Party at the beautiful Hotel VEA Newport Beach for an evening focused on connection, leadership, and empowering the next generation of women in business.

From meaningful conversations to networking with so many inspiring professionals, it was a wonderful way to kick off the summer. Jansma — it was great catching up and talking with you throughout the evening!

05/21/2026

A 1031 exchange can be a powerful strategy for real estate investors — but it’s not always the only path forward. In this new blog, LSL Partner Justin Jensen, MBA, CPA, breaks down several alternatives investors may want to consider depending on their timing, liquidity needs, and long-term goals, including cost segregation, installment sales, Opportunity Zones, and partial exchange strategies. The key? Starting the conversation before the sale closes so there’s time to evaluate the right fit for your overall financial picture.

A Section 1031 like-kind exchange continues to be a valuable strategy in many real estate transactio...

05/21/2026

Another memorable day at the 59th Annual Golf Classic hosted by Santa Fe Springs Chamber of Commerce. LSL’s Bryan Gruber, CPA, Brandon Young, CPA, Adam Odom, CPA, and Scott Roundtree, CPA, had a great time out on the course playing alongside friends, clients, and referral sources while supporting the local business community through this long-standing annual event.

This tournament is always a fun one—from the creative hole games and prize opportunities to all the vendors bringing energy and entertainment throughout the course. It was a great mix of networking, laughs, friendly competition, and enjoying a beautiful day at one of Southern California’s classic golf clubs. Huge thank you to the for putting on another fantastic event year after year.

05/19/2026

Financials can be accurate, timely, and still leave leadership asking, “What do we do next?” In her latest blog, LSL Partner Lacy Willis, CPA, JD, CFE, CVA, explores the missing link many growing businesses face: turning financial data into actionable insight. Because strong decision-making requires more than reports—it requires understanding the “why” behind the numbers and what they mean for the future. Read how the right financial insight can help leadership make more confident, proactive decisions.

Do you know why your financial data isn't turning into good business decisions? You are missing the ...

05/18/2026

What a day at the LSL GASB Update! The day just flew by, and we’re so thankful to everyone who joined us—both in person and online. It was great spending the day with the LSL team, sharing presentations, conversations, lunch, and a little extra time to connect with peers across local government. Congratulations again to our raffle winners, and thank you for being part of such a fun and engaging event. We hope you walked away with practical insights to bring back to your organizations, and we already can’t wait to do it again next year!

05/13/2026

LSL Partner Brandon Young was excited to be invited to participate on the AICPA State and Local Government Expert Panel. The panel brings together professionals from across the industry to review upcoming pronouncements, discuss implementation timing and best practices, sit in on board meetings, and advocate for clarity on evolving standards impacting governments nationwide. Opportunities like this help keep our team connected to important conversations shaping the future of governmental accounting and reporting. We’re proud to have Brandon representing LSL and contributing to discussions that support the profession and our clients.

05/12/2026

Ten years after GASB 68 changed pension accounting for local governments, the conversation around long-term pension obligations is still evolving. What once lived in the footnotes is now front and center in financial reporting—and the trends over the last decade show just how significant those liabilities remain. From rising employer contribution rates to the long-term impact of PEPRA reforms, understanding pension metrics and communicating them clearly has never been more important. Read more about what we’ve learned over the past 10 years—and what may come next for California governments.

Pension challenges remain widespread across local governments. Get the scoop on what pension account...

05/07/2026

2026 tax planning is shaping up to be less about reacting at year-end—and more about building a long-term strategy. The One Big Beautiful Bill Act (OBBBA) introduces changes around estate and gift exemptions, SALT deductions, charitable planning, and new wealth-building opportunities that could significantly impact business owners and high-net-worth families. With many provisions offering more permanence and flexibility, now is the time to revisit how income, assets, and future transfers are structured. Learn how these changes could influence your planning strategy moving forward.

The One Big Beautiful Bill Act (OBBBA) introduces several updates that directly impact business owne...