Air B & B’s and other vacation rental companies are extremely popular 🏡 Do you know your tax liability as a host? You need to make sure you are also taking all of the proper tax deductions 💰 Here are a few tax tips aimed for vacation rental hosts 🤝
Figuring out how to pay yourself as a business owner can be complicated 🙄 You can either pay yourself enough to meet your living expenses (rent, food, car, etc) or you can configure an amount based on your business’ figures and inflate that over time as the business volume grows.
When filing a tax return for your business, the paperwork and forms that you use will depend on how your business is organized.
Need help getting your tax return in order? We are here to help 😊 Send us a message if you have any questions 🙌🏽🧾💵
We know, it feels like tax season JUST ended, so why bring it up again? 😮💨 If last tax season was stressful on you, it is likely that you may have been under-prepared or waited until last second. Planning ahead now steers you away from unnecessary stress 🙌🏽 Not sure
Does your business use Venmo?
Starting July 20th, Venmo users who identify themselves as a business have to pay a 1.9% + $0.10 cents transfer fee for any money sent to them.
Additionally, instant transfers to bank accounts will be charged 1.5% rather than 1%.
Here are a few bookkeeping tips to keep in mind 🚨 QuickBooks Online is what we direct all of our clients to use. With QBO, you are able to connect your bank account to the software and create your own rules. This way, transactions are automatically coded to that specific
Save time and money while protecting your business from fees, fines and audits.
Not sure where to start? Shoot us a message to book a free 15 minute consultation.
We offer a range of services such as bookkeeping, taxes, LLC/S-Corp set-up, insurance, payroll and business consulting.
These are all common deductions available to LLC’s, partnerships and sole proprietorship’s.
It is essential to have good record keeping in order to claim these as deductions.
Curious about something? Shoot us a message 😊
For those that work long hours and are always giving it their all, this one is dedicated to you 🗃
If you are someone that is coming in early, staying late and is always chained to work, do something for yourself today 🥂
Are you familiar with what you balance sheet looks like? Do you understand how to read it?
If you are confused or need help getting organized, send us a message!
Let us focus on your finances while you focus on your trade 🙌🏽
Are you overwhelmed with getting all of your bills paid out to vendors? 😩Look no further, we are here to help🦸♀️🗂 Mom & Pop is here to assist you with your finances while you focus on managing your business and making money💰🧑🏽💻 Shoot us a message if you have any
Did you know you are able to hire a bookkeeper and write off the entire expense? Now is the time to get your bookkeeping in order 🙌🏽 Get started today with QuickBooks Online. We are here to help. Don’t know where to start? Send us a message or give us
Here is everything you need to know about the child tax credit 🙌🏽 If you filed your taxes before the May 17 deadline, then you'll automatically receive the advanced monthly payments starting July 15. Some families might want a one-time $3,600 payout in 2022 instead. Here's how to opt-out of