Audit Proof Your Rental Properties

Audit Proof Your Rental Properties

Audit Proof Your Rental Properties Has your rental property come under scrutiny by the IRS? Are they interested in your accounting for your rentals? Have you considered “audit-proofing” your rental properties? You do it to your home when you bring young children in;...
Mid-Year Tax Planning – Staying Up to Date

Mid-Year Tax Planning – Staying Up to Date

Mid-Year Tax Planning – Staying Up to Date Changes in your life may affect your taxes. Mid-year is the perfect time for tax planning. The following are some events in your life that can affect your tax return. Acting promptly, and being prepared for change by...
5 Tax Strategies for Small Businesses

5 Tax Strategies for Small Businesses

5 Tax Strategies for Small Businesses Simple Steps To Pay Less When you own or manages a small business you are often called upon to handle many different jobs all at the same time, the most import of which is to keep money flowing smoothly into the coffers. One way...
Why Midyear Tax Planning is a Smart Idea

Why Midyear Tax Planning is a Smart Idea

Why Midyear Tax Planning is a Smart Idea Being Prepared Can Save Money Most people only pay attention to taxes in April and at the end of the year, but spending a little time on mid-year tax planning can help your business save a bundle. If you wait until the last...
Why We Love Record Keeping (And You Should Too!)

Why We Love Record Keeping (And You Should Too!)

Why We Love Record Keeping (And You Should Too!) Do You Know Which Records to Keep? Keeping accurate records for your tax purposes is a must.  Every year, taxpayers go through the irritating task of gathering the information needed to file their federal income tax...
Tips for Reconciling Your Accounts

Tips for Reconciling Your Accounts

Tips for Reconciling Your Accounts Keeping Up-to-Date Books Can Help You Spot Errors Have you ever wondered why reconciling your bank accounts is so important? By reviewing your transactions in your bookkeeping software and comparing them to your bank statements...