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Mon–Thu 9:30 am – 4:30 pm · Appointments always recommended (508) 771-0329

Cape Cod's trusted income tax & accounting provider

It's your money. Look after it.

Finally, an accounting firm that understands you. LTG Accounting is a locally owned firm serving small and mid-size businesses and individuals across Cape Cod and south-east Massachusetts.

A driftwood fire burning on a sand mound at the water's edge on a Cape Cod beach at sunset
Cape Cod, after tax season.

Services

Income tax. Bookkeeping. Consulting.

Recent tax updates

New tax law provisions — 2025

$15,750Standard deduction — single or married filing separately
$23,625Standard deduction — head of household
$31,500Standard deduction — married filing jointly / qualified surviving spouse
$2,200Child tax credit per qualifying child under 17

Senior deduction

An additional $6,000 per person age 65 or older. Phases out when MAGI exceeds $75,000 ($150,000 MFJ).

SALT deduction

The limit increases to $40,000 ($20,000 MFS), reduced by 30% of modified AGI over $500,000 ($250,000 MFS), but not less than $10,000 ($5,000 MFS).

Adoption credit

Beginning in 2025, up to $5,000 of the adoption credit is refundable. SSNs for the taxpayer(s) and child must be issued before the return due date for the child tax credit.

New deductions

  • Qualified tips: up to $25,000; phases out over $150k ($300k MFJ) MAGI.
  • Overtime pay: up to $12,500 ($25,000 MFJ); phases out over $150k ($300k MFJ) MAGI.
  • Vehicle loan interest: up to $10,000; phases out over $100k ($200k MFJ) MAGI.

529 plan expansions

For distributions after July 4, 2025, qualified expenses now include K–12 tuition, curriculum materials and online instruction; tutoring and classes outside the home; standardized test and AP exam fees; dual enrollment; educational therapies for students with disabilities; and postsecondary credentialing.

Business: depreciation & R&E

Section 179 limit $2,500,000, phase-out threshold $4,000,000, special depreciation allowance 100% (option to elect 40%). Domestic R&E costs are fully deductible beginning in 2025 — no amortization required.

Energy credits terminated — 2025

Credit typeExpiration
Clean Vehicle Credit ($7,500 new EV)No credit for vehicles acquired after Sept. 30, 2025
Previously-Owned Clean Vehicle Credit ($4,000 used EV)No credit for vehicles acquired after Sept. 30, 2025
Qualified Commercial Clean Vehicle CreditNo credit for vehicles acquired after Sept. 30, 2025
Energy Efficient Home Improvement CreditNo credit for property placed in service after Dec. 31, 2025
Residential Clean Energy CreditNo credit for property placed in service after Dec. 31, 2025
Full summary (PDF)

Tax organizers

Get organized.

Download an organizer, fill it in, and bring it to your appointment — it makes your return faster and cleaner.

Sun setting over the tide flats on Cape Cod Bay
"Quit dipping your toes. Jump right in!"

About

A Cape Cod firm, since 2003.

LTG is a locally owned accounting firm providing income tax, accounting and payroll services to the small and middle business market, as well as individuals in south-east Massachusetts, principally Cape Cod.

The firm is well established, financially secure and staffed by a loyal group of professionals committed to an above-average experience for all clients, at all times, no matter how difficult the situation. We believe the value of a client is in the referral and the longevity of the relationship.

LTG has earned respect in the community both as a civically responsible leader and as a firm that does quality work. It is a reputation we are proud of — and one we seek to maintain.

Meet the team

  • Lara ThonusCPA, EA · Owner
  • Gary LogieCPA · Founder
  • Julia ColecchiTeam

Firm history

  1. 2003Gary Logie establishes the firm in West Yarmouth.
  2. 2004The firm acquires the accounting practice of David Fortman.
  3. 2005The firm acquires its present office building and moves to Hyannis.
  4. 2011Lara Thonus joins as Senior Accountant.
  5. 2023The firm becomes LTG, and Lara Thonus becomes sole owner.

Come see us

Ready to look after your money?

There has never been a better time than right now. Appointments are always recommended.

724 Main Street, Unit F
Hyannis, MA 02601
(508) 771-0329 [email protected] Fax (508) 771-0411
Contact us
Office hours · Hyannis
Mon
Tue
Wed
Thu
Fri
Sat
Sun

We're closed on Fridays to spend time with our children before they become taxpayers.

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