Using accounting software can help you manage the financial aspects of your rental real estate in a more efficient and organized way. Some benefits of using accounting software include: Automation […]
what information should I give my tax preparer
It is important to provide your tax preparer with all of the necessary documentation and information needed to prepare your tax return accurately. This may include: Personal identification information for […]
Advantages of using Xero for your accounting
There are several advantages to using Xero as your accounting software: It’s easy to use: Xero is designed to be user-friendly, with a simple and intuitive interface. This makes it […]
So you are looking at purchasing an EV and want to know the tax consequences
The federal government provides a tax credit for individuals who purchase certain electric vehicles (EVs). The credit is designed to encourage the use of EVs as a way to reduce […]
What to do if your crypto provider is indited by the US goverment
If your crypto provider is indicted by the U.S. government, it is important to carefully consider your options and seek professional guidance. Here are a few steps you may want […]
1099 requirments for business owners
If you are a business owner, you may be required to file 1099 forms for payments that you make to certain individuals or entities. Specifically, you are required to file […]
New Famli Provisions in Colorado
In November 2020 Proposition 118 was approved by Colorado voters and is set to take effect on January 1st of 2023. This is a state-run Paid Family and Medical Leave […]
Prep for FAMLI if you own a business and live in CO
If you live or work in CO, this will go into effect on January 1st. 2023. If you do not live in CO, please check with us to see if […]
Track your Procedures and Make Adjustments
Now that we have our procedure the next step is how to track it. this is sometimes called a KPI or a key performance indicator. The only way to know […]
Creating Proceedures for your Business is not a Half-Baked Idea
When you’re creating procedures it’s important to look at how the process is done currently, write it all down, then analyze each step. The goal is to make sure none […]