1-800Accountant Blog


9 Rental Property Tax Deductions You Can Claim in 2022

If you own and manage a rental property, you’re well familiar with all the expenses of maintaining a property. Regular maintenance and unexpected repairs add up quickly; it can be challenging to know how to claim these expenses when tax season comes around. Use this blog as a helpful guide for learning more about the […]


Forming a C-Corporation: A How to Guide

C-Corps are a common type of business entity, and for a good reason. Their structure offers flexibility and opportunities for growth.  While a C-Corp does offer a lot of benefits, there are also some drawbacks that you should know. Here’s everything you need to know about forming a C-Corp, including how to form one and […]


Do I Need A Registered Agent For My LLC?

As a small business owner, you may have asked: “Do I need a registered agent for my LLC?” Regardless of how large your business has grown, or if you’re just starting out, everyone needs a few talented human resources. A bookkeeper, someone familiar with taxes in your state, and a registered agent. What is a […]


What Is the Main Goal of GAAP?

Generally Accepted Accounting Principles (GAAP) measure the financial health of public companies. There are standards within GAAP that provide other accountants with information. The main goal of GAAP is to ensure that financial reporting is transparent and consistent across organizations.  What Is GAAP? GAAP refers to a set of accounting principles, procedures, and standards that […]


How to Maximize Your HSA

Putting money in your HSA can be helpful for medical expenses. But did you know there are also tax advantages to having an HSA? You can use it as an investment tool and name beneficiaries for the funds. Here’s what you can do to maximize your HSA. 1. Maximize HSA Contributions The first strategy you […]


5 Inexpensive Marketing Techniques for Your Small Business

Growing your small business requires hard work and persistence. You have to expand your staff, your production, and your bookkeeping, all while managing your cash flow. On top of that, the most essential requirement for growth is an expanded customer base, which requires marketing.  Healthy and sustainable growth relies on juggling these related elements at […]


Top 5 Tax Tips for NFT Investors

The hottest new trend in digital finance is the non-fungible token, or NFT. Countless people are buying their way into it, and in some cases making a significant amount of money! The NFT itself is not an entirely new concept, but the market developing around them is a brand new phenomenon. The NFT market depends […]


What to Know About Coronavirus Relief and Your 2021 Taxes

The COVID-19 pandemic hit the United States in the middle of the 2020 tax season. Uncertainty, social distancing, and state-mandated lockdowns greatly impacted our economy. More businesses have opened back up, and some areas have returned to at least some sense of normal pre-pandemic operations. So what does that mean for calculating your taxes? Early […]


Why NCAA Student-Athletes Need 1-800Accountant

We’ve entered a new era of college athletics. After stunning shifts in NCAA policy in the middle of 2021, the door has been opened for countless college student-athletes to make money with sponsorships and advertising based on their name, image, and likeness.  This is a dramatic change for schools, advertisers, and, most of all, student-athletes. […]