1-800Accountant Blog

triplog-partnership-announcement

Partner Spotlight: 1-800Accountant Partners with TripLog

1-800Accountant is excited to kick off their newest partnership with TripLog.  “Partnering with like-minded businesses like TripLog gives our clients access to software solutions that will make their day-to-day lives easier, along with helping prepare them for tax season. We look forward to growing this partnership and serving our client bases together,” says Mike Savage, […]

capital-gains-tax-what-to-know-when-selling-rental-property

Capital Gains Tax: What to Know When Selling Rental Property

Maintaining rental properties is a great way to earn passive income. Furthermore, many rental property owners choose to sell their properties, usually making a profit in the process. While selling a rental property can earn serious gains, sellers must understand how capital gains taxes will affect their sale.  Here’s what you should know about capital […]

truck-driver-tax-deductions

Savings on the Road: Tax Deductions for Truck Drivers

While many truck drivers work hard throughout the year, their work becomes most apparent during tax season. Truck drivers may be eligible to save when it is time to file taxes. There are some exceptions to savings applicable to truck drivers and limits to how much you can save. Here is what you should know […]

veterinarian-sales-tax

Sales Tax: Do Veterinarians Need to Pay It?

Veterinarians offer products and services that save lives. One of the things a veterinarian may least expect is paying sales tax for products or services. As a veterinarian, it’s essential to know how to pay sales tax and when to pay it. Here is what you should know about sales tax if you’re a veterinarian. […]

invoice

6 Things Small Businesses Need to Know About Invoices

There are few documents more critical to small businesses than the invoice. Business owners will have difficulty running their business and making a profit without considering their invoicing system, especially if they offer a service.  A company’s invoicing system serves as a tool to record how the revenue is appropriately collected in a small business […]

new-york-small-business-tax

What to Know About Small Business Taxes in New York

New York is an important state for business in the United States. Many of the biggest corporations have locations in New York City as well. It’s an exciting place to be, but that doesn’t mean it’s easy for businesses.  Business owners looking to establish a small business in New York will need to be aware […]

payroll-tax-return

Paying Employees: Understanding the Payroll Tax Return

Payroll taxes are an integral part of running a business. As an employer, paying employees properly is one of the most essential things that you can do. However, it isn’t as easy as it may seem. Here’s what you should know about the payroll tax return. What Are Payroll Taxes? Employers withhold payroll taxes from employee’s […]

etsy-store-sales-tax

Making Sales: How to Handle Sales Tax on Etsy

In the age of e-commerce, online merchants like Etsy are invaluable business platforms for many small businesses. Platforms like Etsy give countless small businesses access to a wider audience and a simpler sales process.   Selling your goods and services on Etsy means you don’t have to go through the process of setting up your own […]

doctor-tax-deductions

Tax Checkup: Best Tax Deductions for Doctors

You might be paying far more in taxes than you need or are even supposed to. If you’re not reporting all your tax-deductible expenses on your tax return, you’re likely leaving money on the table. This is especially true in the medical field when there are so many overhead costs that should be deducted from […]

rental-income-taxes

Real Estate: How Rental Income is Taxed

Rental income is one of the most important parts of real estate. What many landlords may not realize is that there are several ways to make rental income beyond just collecting rent checks. Rental income comprises more than just direct income from tenants. Here’s what you should know about the different types of rental income […]