by edbarton | May 17, 2022 | Accounting Basics, Business Operations, Taxes
Is Your Real Estate Bookkeeping Costing You Thousands in Taxes? Standard monthly expenses for your real estate business are transferred from you to your CPA to be put on your Schedule C or Schedule E. No problem. Most people get this part right. It’s the thousands of...
by edbarton | Mar 20, 2022 | Accounting Basics
Build The Right Habits When They Are Young Have you ever heard that it is easier to teach things to kids than adults? It’s true. This goes for money, too. If you want your kids to save more than they spend, start early. Here are some tips: Play money games with your...
by edbarton | Mar 20, 2022 | Accounting Basics
You Can Settle IRS Debt N recent years, the IRS has made a concerted effort to get people back into good status by reaching deals on overdue taxes. The rules affecting this program have just changed dramatically. The IRS used to be the terror in most people’s...
by edbarton | Mar 18, 2022 | Taxes, Accounting Basics, Business Operations
If You Recognized The Income - You May Be Able To Deduct The Loss Practically every small business has receivables that it cannot obtain from clients. If your small business doesn’t have any such receivables, consider yourself lucky. For those small businesses...
by edbarton | Feb 27, 2022 | Accounting Basics
Accounting Things You Need To Know While many businesses assume that generally accepted accounting practices and inviolate bind accountants, nothing could be further from the truth. Everything is subject to interpretation, and GAAP is no different. For one thing, GAAP...
by edbarton | Feb 27, 2022 | Accounting Basics, Personal Finances, Real Estate Investing
It Provides Focus and Peace of Mind Are you dreading clearing the accounting and bookkeeping work that has piled up in your desk because of the upcoming tax season? Opt for accounting outsourcing to deal with the issue with ease and perfection. This is the simplest...