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Read more about the article The Importance of Keeping a Quality Set of Books

The Importance of Keeping a Quality Set of Books

  • Post published:April 11, 2023

Every business owner knows keeping a quality set of books is vital for staying in compliance – but having access to this data for tax returns is just one reason…

Continue ReadingThe Importance of Keeping a Quality Set of Books
Understanding the Benefits of an S Corp

Understanding the Benefits of an S Corp

  • Post published:March 23, 2023

If you have been operating as a sole proprietorship or a general partnership, you may benefit from incorporating your business as an S corporation (S corp). Along with having your…

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Why is Reasonable Compensation Important?

Why is Reasonable Compensation Important?

  • Post published:March 23, 2023

Avoiding an IRS Audit Making a mistake with reasonable compensation is one of the fastest ways a business owner can be flagged for an audit. Avoid being targeted by the…

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Firm Director Lera Kooper Now Equity Partner

Firm Director Lera Kooper Now Equity Partner

  • Post published:March 23, 2023

Accountability Services is pleased to announce that Firm Director Lera Kooper has joined Managing Director Dave Fischer on our ownership team. Lera became an equity partner in January, and she…

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Read more about the article What is Considered a Business Expense?

What is Considered a Business Expense?

  • Post published:March 10, 2023

Writing off business expenses to reduce taxable income is a vital tool all enterprises utilize to lower their total tax burden. Unfortunately, as not every company expense qualifies as a…

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Read more about the article Deducting Rental Losses as a Realtor

Deducting Rental Losses as a Realtor

  • Post published:February 16, 2023

According to IRS statistics, more than 50% of each tax year’s filed Schedule E forms show a loss when reporting rental income and expenses – but for many landlords, these…

Continue ReadingDeducting Rental Losses as a Realtor
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Recent Posts

  • The Importance of Keeping a Quality Set of Books
  • Understanding the Benefits of an S Corp
  • Why is Reasonable Compensation Important?
  • Firm Director Lera Kooper Now Equity Partner
  • What is Considered a Business Expense?

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