by Laura Waldrop | Oct 25, 2024 | Accounting, QuickBooks, Tax
Are you ready for tax time? Did you know that most tax-planning strategies need to be implemented before year-end? Instead of pushing your tax preparation until after the holidays, consider taking a proactive approach to maximize your savings. In this article, we’ll...
by Laura Waldrop | Jun 4, 2024 | Accounting, Administration, QuickBooks, Tax
If you are a business owner, you are most likely familiar with receiving various 1099s each year. However, did you know that you might actually need to issue 1099s to contractors and other individuals who perform services for you? For example, if you’re a...
by Laura Waldrop | Dec 14, 2023 | Accounting, Budgets, Business-Building, QuickBooks, Tax, Uncategorized
Tax-deductible expenses for real estate agents is such an important area for their sales business. Knowing how and what to deduct can help reduce taxable income and ultimately lower the amount of income tax owed to the government. Everyone wants that, right?! Real...
by Laura Waldrop | Dec 7, 2023 | Budgets, Business-Building, QuickBooks, Tax, Uncategorized
You probably didn’t know that many celebrities got their start in accounting, and that many accountants made the history books. As you’ll see from these fun facts, accounting can inspire you, turn you into an author, make chart-topping hits, and help to put mobsters...
by Laura Waldrop | Nov 30, 2023 | Budgets, Business-Building, QuickBooks, Tax, Uncategorized
A profit and loss statement, often called an income statement or P&L for short, serves as a powerful tool for gaining crucial financial insights. This tool empowers you to make informed decisions, allocate resources efficiently, and track your journey toward...
by Laura Waldrop | Apr 23, 2021 | Budgets, Business-Building, QuickBooks, Tax, Uncategorized
The Benefits of Paying Estimated Quarterly Taxes and How to Calculate Them While there are no criminal penalties for not paying your real estate business’ taxes every quarter, there are distinct advantages for doing so. You can save considerable money—and avoid...