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LNP Administration

Recent Insights 

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IRS Increases Standard Mileage Rates for Second Half of 2026

The IRS has increased the optional standard mileage rates for the second half of 2026 in response to rising fuel costs. The revised rates apply

  • Accounting, Ag Manufacturing, Animal Protein, Architects & Engineers, Beverage Distribution, Biofuels, Broadband Solutions, Commodity Crops, Construction, Equipment Dealers, Financial Institutions, Food & Agriculture, Food And Beverage, Government & Public Affairs, Healthcare, HR Services, Land Advisory, Manufacturing, Newsroom, Not-for-Profits, Permanent & Specialty Crops, Tax Compliance & Strategy
Pink paper cutouts of a family of four holding hands stand on a pile of assorted U.S. dollar bills spread out on a wooden surface, symbolizing the importance of transparency with compensation in supporting families’ financial well-being.

Transparency With Compensation Can Make or Break Your Family Business

As founder-led companies grow, simple pay arrangements can become complicated. New non-family leaders join, the next generation steps in, and the business becomes more professionalized.

  • Ag Manufacturing, Animal Protein, Biofuels, Broadband Solutions, Commodity Crops, Construction, Equipment Dealers, Family Business Advising, Food And Beverage, Manufacturing, Permanent & Specialty Crops
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Trump Accounts: Where Do They Fit in a Child’s Financial Future?

Families already have several ways to save for a child’s future, from 529 plans to Roth IRAs and custodial accounts. Trump Accounts add a new

  • Ag Manufacturing, Animal Protein, Architects & Engineers, Beverage Distribution, Biofuels, Broadband Solutions, Commodity Crops, Construction, Equipment Dealers, Financial Institutions, Food & Agriculture, Food And Beverage, Government & Public Affairs, Healthcare, Manufacturing, Not-for-Profits, Permanent & Specialty Crops