LHF BECAUSE EXPERIENCE MATTERS A Trusted Accounting and Tax Advisor for Nearly 100 Years

At LHF, we know that businesses are at the heart of our community.

As such, it can be challenging to give your venture's tax and accounting responsibilities the time and focus they deserve. That's why our accounting firm leverages years of experience with a personal level of attention to create a one-of-a-kind accounting experience that's sure to help you reach your financial goals. Whether you require assistance overcoming tax obstacles or advice tackling financ

ial statements, our firm is here for you. For nearly 100 years, L.H. Frishkoff has been a trusted and dedicated advisor, providing a wide range of accounting and tax services to companies and individuals. We work with local, regional and international companies in a variety of industries. Whether you’re a closely held family enterprise or contemplating a public offering, you get the same level of attention from L.H. Frishkoff’s experienced team of professionals. We combine the heart and efficiencies of a boutique firm with the cutting-edge industry knowledge and technical expertise of a top accounting firm. Our services include accounting, auditing and tax preparation, maintenance and management of financial data, recording of business and financial transactions, advisory services, forensic accounting, assurance and consulting services.

As a small business owner, it’s easy to think of a succession plan as involving only two people: you and your successor....
09/09/2026

As a small business owner, it’s easy to think of a succession plan as involving only two people: you and your successor. But a smooth transition may also require support from managers and other key employees. Communicating thoughtfully about your intentions and progress can help build confidence, reduce uncertainty and keep the business moving forward. Contact us at (212) 808-0070 for help addressing the tax, financial and strategic aspects of your plan.

Tax planning requires more than preparing returns at filing time. We work with individuals and businesses throughout the...
09/08/2026

Tax planning requires more than preparing returns at filing time. We work with individuals and businesses throughout the year to identify tax-saving opportunities, address compliance requirements and respond to changing tax laws. Call us at (212) 808-0070 to schedule an appointment to discuss your tax needs.

Are your bills piling up? Managing accounts payable can be challenging for small businesses — especially when payment ob...
09/07/2026

Are your bills piling up? Managing accounts payable can be challenging for small businesses — especially when payment obligations aren’t clearly tracked. QuickBooks Online tools can help by organizing upcoming bills, automating bill entry, and simplifying electronic or check payments. Stronger payables management may reduce missed deadlines and late fees and improve cash flow visibility. We can help your business use QuickBooks Online more efficiently and streamline your payables process. Contact us at (212) 808-0070 to learn more.

Did you request an extension to file your 2025 individual federal income tax return? If so, you have until Oct. 15, 2026...
09/04/2026

Did you request an extension to file your 2025 individual federal income tax return? If so, you have until Oct. 15, 2026, to file it. But if you have the tax-filing information you need, you may want to file now. There’s no advantage to waiting until the deadline. If you owe tax, the IRS offers short- and long-term payment plans, as well as installment agreements, to taxpayers who qualify. It’s important to act quickly if you owe because any amount that was due April 15 accrues interest until the balance is paid. Call us at (212) 808-0070 if you need help filing your extended return or have questions regarding your current tax situation.

Roth IRA and Roth 401(k) accounts help you save for retirement with after-tax dollars. Both accounts grow tax-free, and ...
09/02/2026

Roth IRA and Roth 401(k) accounts help you save for retirement with after-tax dollars. Both accounts grow tax-free, and distributions are also tax-free if you meet certain conditions. However, higher earners may be ineligible to contribute to a Roth IRA. Income limits don’t apply to Roth 401(k)s, which also allow higher annual contributions. If you’re unsure where to put your retirement savings, contact us at (212) 808-0070 for more information on the tax considerations.

Do you know the difference between IRS liens and levies? A federal tax lien arises when you fail to pay taxes after rece...
09/01/2026

Do you know the difference between IRS liens and levies? A federal tax lien arises when you fail to pay taxes after receiving an IRS bill or notice. It’s a legal claim against your property, including real estate and other assets, which can affect your ability to secure credit or complete financial transactions. A levy may be the next step if your debt remains unresolved. The IRS can seize assets — such as wages or bank funds — to satisfy the debt. In short, a lien protects the IRS’s interest, while a levy enforces collection. If you receive collection notices, don’t ignore them! Acting quickly can help open the door to resolution options. Call us at (212) 808-0070.

Whether you’re a first-time homebuyer or a long-time homeowner, mortgage interest may save you taxes. If you itemize ded...
08/31/2026

Whether you’re a first-time homebuyer or a long-time homeowner, mortgage interest may save you taxes. If you itemize deductions rather than claim the standard deduction, interest you pay on mortgage debt to buy, build or substantially improve a primary or second home generally is deductible. Points paid related to your primary residence may also be deductible. Beginning in 2026, mortgage insurance premiums potentially can be deducted as mortgage interest. The $750,000 debt limit for most mortgage debt incurred after Dec. 15, 2017, is now permanent. Contact us at (212) 808-0070 to discuss your tax situation.

Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of...
08/28/2026

Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of the awards are tax-free. To qualify for tax-free status, scholarships must meet three criteria: 1) The student must be a degree candidate at an eligible educational institution, 2) the award must be used to pay for tuition and fees, books, and certain supplies (not room and board or travel), and 3) the award can’t represent wages for teaching or research. Many graduate student awards have employment compensation components, so they may be taxable. Also, taxable scholarship money could potentially be subject to the “kiddie” tax. Contact us at (212) 808-0070 for more information.

Running a successful business requires more than keeping up with the day-to-day. It also requires taking time to evaluat...
08/26/2026

Running a successful business requires more than keeping up with the day-to-day. It also requires taking time to evaluate your financial position, identify opportunities and plan for what’s ahead. Whether you need assistance with accounting, bookkeeping, tax planning or strategic business advice, we can help you gain clarity. Our team provides practical guidance tailored to your specific needs, so you can focus on running and growing your business. Contact us at (212) 808-0070 to learn more.

Effective job costing can help business owners make smarter pricing and budgeting decisions. By tracking the direct labo...
08/25/2026

Effective job costing can help business owners make smarter pricing and budgeting decisions. By tracking the direct labor, materials and overhead tied to specific jobs or projects, you gain a clearer picture of profitability and operational efficiency. Without accurate data, it’s easy to underprice work, overlook cost overruns or misjudge your most profitable services. We can help you set up practical costing methods that improve financial insight and support better decision-making. Call us at (212) 808-0070 for more information.

Address

546 Fifth Avenue, 9th Floor
New York, NY
10036

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Telephone

+12128080070

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