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Business Expenses and Tax Deductions: Indinero’s Ultimate Guide

inDinero Tax Tips

Dive in and find the solution to the exact problem you’re facing or keep reading to learn everything you need to know about tax-deductible business expenses. Small Business Tax Deductions Home Office Deductions Cash vs Accrual Accounting Nondeductible Expenses Form 941 Commingling Funds What Counts as a Business Expense for Tax Purposes?

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Best Real Estate Accounting Tips for Agents and Brokers

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Cash basis accounting is often preferred by small businesses because it’s easier to maintain, and it tells you how much money you actually have in the bank on any given day. Accrual accounting is usually the choice of larger companies because it portrays a more accurate portrait of your real estate business’s financial performance.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

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All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. Small business accounting basics. Income statement.