May 22, 2019 | Bookkeeping, Business, Small Business Accounting
Two questions: Did you prepay your 2019 rent so that you have a big 2018 tax deduction? How do you identify in your accounting records the monies you put on your IRS Form 1099-MISC for the business rent payments to your landlord? For the 1099-MISC, do you simply look...
May 14, 2019 | Income Tax
Are you getting married here in Sarasota? Are you ready for the best day of your life? Are you ready to update your status from “single” to “married” when it comes tax time? Updating your status from single to married may bring about some unanticipated changes,...
May 10, 2019 | 2019, Business, Income Tax, Sarasota CPA, Sarasota Tax & Accounting, Small Business Accounting
The Section 199A 20 percent tax deduction is a gift from lawmakers—literally. You don’t earn this deduction; it’s simply there for you if you qualify. Under the trade or business rule, your Sarasota rental property profits can create the deduction. And now, under an...
May 7, 2019 | 2019, Bookkeeping, Business, Sarasota CPA, Sarasota QuickBooks, Sarasota QuickBooks Online, Sarasota Tax & Accounting, Small Business Accounting
School is almost over and it’s time to make some decisions pertaining to the future. Do you have, or know of anyone that has, high school kids in the Sarasota Area? Are they ready to make the big step to attend college in the near future? Have you thought about a...
May 2, 2019 | Bookkeeping, Business, Cloud Accounting, Sarasota CPA, Sarasota QuickBooks, Sarasota QuickBooks Online, Sarasota Tax & Accounting, Small Business Accounting
It’s never too early to think about saving for retirement. Today we offer tips on “Saving for Retirement”. Sarasota is a beautiful place to retire! We have a very large population of retirees. How did they get here? Did they make a plan a long time ago? Whether you...
