1-800Accountant Blog

manage-business-property-taxes

6 Ways To Properly Manage Your Business Property Tax

Paying taxes is one of your responsibilities as a business owner. In addition to your other taxes, you are accountable for paying property taxes if your business owns a building or land. If you don’t file or pay your taxes, you could face some serious and costly consequences. In the worst scenario, your property could […]

employee-vs-contractor

Worker Classification: Employee vs. Contractor

Every small business begins with just one person or a small team creating a plan and developing a vision. If the company is going to keep growing, however, you eventually need to start expanding your team and invite someone new to join you in your work.  Once your company starts to grow, you won’t be […]

commercial-truck-taxes

Taxes for Truckers: Different Types of Commercial Truck Taxes

Working as a commercial trucker can be difficult. It can be confusing to keep track of deadlines, distance, and hours logged right around the tax season. While you may focus only on transportation, tax time is almost here. If you’re trying to determine the types of commercial truck taxes you may pay, here’s what you […]

tax-deadline-extension

IRS Extends Tax Deadline to May 17

The IRS recently extended the tax filing deadline for individuals. These extensions will make filing taxes easier for individuals, and if you’re eligible you’ll have a little extra breathing room to finalize your taxes.  Although there are extensions in the tax deadline for some taxpayers, other taxpayers won’t qualify. Here’s what the extended tax deadline […]

cash-flow-statement

Cash Flow Statement: What It Is and How to Make One

You might be able to start a business with nothing but a good idea and the determination to see it through. Keeping a business running, however, requires a little more in the way of planning and coordination.  Maintaining the health of a business and creating sustainable growth requires careful financial management. You have to spend […]

landlord-tax-deductions

Real Estate: Top 19 Tax Deductions for Landlords

Work as a landlord comprises many duties such as maintaining the property, staying on top of mortgage payments, searching for new tenants, and managing repairs. However, did you know that these everyday tasks may qualify for deductions? Here are the top 19 tax deductions you might be eligible for as a landlord.  What Qualifies As […]

architect-tax-deductions

Deductions by Design: 13 Tax Deductions for Architects

The day-to-day life of an architect encompasses a wide variety of duties. As an architect, you may have several expenses that are tax-deductible—but only if you know which ones to claim. Your work may allow you to qualify for several tax deductions. Here are the top 13 tax deductions if you’re an architect. Top Tax Deductions […]

covid-stimulus-bill-updates

President Biden Signs 1.9T Stimulus Bill, What Now?

After months of negotiation and deliberation, Congress finally passed an updated stimulus bill passed last week. This bill will bring relief to millions of people and small businesses in the form of economic relief and direct cash payments. It’s an important boost that will immediately benefit city, local, and state economies. Although millions will directly […]

accountant-help-small-business-growth

How an Accountant Can Help Small Businesses Succeed

Being a small business owner is an immense and multifaceted job. Running a business involves so many different important and interconnected variables, and you’re responsible for all of them. Accountants can lighten your load by taking responsibility for a few of those variables.  But what can an accountant do to support you and your business? […]