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Tips and tricks for property investment accounting

Xero

Property investment accounting, or landlord accounting, manages your property portfolio assisting with tax compliance and return on investment. Know property investment accounting regulations and taxes To swim well, you need to know the strokes, and how to navigate the water. personal expenses from property use).

Account 95
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A Guide to Navigating Taxes in the Gig Economy

Ronika Khanna CPA,CA

Upwork or Fiverr Short term accommodations e.g. Airbnb Task based platforms e.g. taskrabbit or pet sitting services E-commere selling e.g. ebay, Amazon and affiliate programs Writing/Blogging which generates revenue either by selling articles to publications or via ads on their website Virtual assistants, online surveys, tutoring etc.

Tax 52
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Agencies Clarify Requirements for Plan Coverage of OTC COVID-19 Tests

ThomsonReuters

Under the safe harbor, plans must ensure that participants have adequate access to OTC COVID-19 tests with no upfront out-of-pocket expense. A new FAQ clarifies that “adequate access” generally requires plans to make available “at least one direct-to-consumer shipping mechanism and at least one in-person mechanism.”

Retail 98
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Accounting Tips for Start up Freelancers

Cheap Accounting

Whatever the size or structure of your business dealing with your accounts and tax returns comes with the territory. Keep receipts and invoices then record the amounts spent in the accounts. Directors have legal obligations bestowed on them when they are appointed including keeping accounting records and filing accounts.

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What Unincorporated Small Business Owners Need to Know about Filing Their Taxes

Ronika Khanna CPA,CA

If you have incurred expenses to earn the business income, you may also deduct these from your gross revenues or sales to arrive at net income from business. This applies to anyone who sells goods or services and includes consultants, self employed individuals and/or contractors.

Tax 52
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A Comprehensive Guide for Maximizing Profitability for Professional Services

Basis 365

In this blog post, we’ll explore the key factors you need to consider when calculating revenue and provide some tips to help you ensure accuracy and maximize profitability. In simplest terms, revenue is the income generated from providing services to customers.

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LLC vs C-Corporation: Which One is Best for Your Business? [CPA Approved]

LyfeAccounting

After all, taxes are your biggest expense! There is a lot more administrative work in forming a corporation. A corporation can issue shares of stock and sell percentages of the business to its owners, or shareholders. These shareholders can buy or sell their shares for more or less ownership in the company.

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