RE AGENTS – BEST BUSINESS STRUCTURE – S CORPORATIONS
Sunday, April 09
S corporations can save their owners a significant amount of tax. This tax savings can exceed their entire annual CPA fee. The IRS is naturally monitoring for abuses in this area as the potential dollar savings are substantial. An ideal CPA to advise in this area is a financial expert that wor...
ITEMS REQUIRED FOR FILING INCOME TAX RETURN
Sunday, April 09
Below is a comprehensive list of the items that you will need to provide your CPA to file your income tax return. Best practice is to compile a file of these items throughout the year as applicable so they are available to send to your CPA as early as possible. Basic Informationo Full names, So...
IMPORTANT YEAR-END PLANNING CONSIDERATIONS FOR BUSINESS OWNERS AND INV
Sunday, April 09
https://www.camusocpa.com/tax/important-year-end-planning-considerations-for-business-owners-and-investors/#/Year-end is right around the corner which means year-end planning for business owners and advisers has commenced. Strategic tax and business planning can position you to reduce taxes and a...
EXPENSE MANAGEMENT FOR REAL ESTATE AGENTS AND INVESTORS
Sunday, April 09
It is common for real estate agents to commingle personal and business finances. However, maintaining a proper accounting methodology by keeping your accounts separate allows you to stay organized, grow your business, and maximize your deductions during tax season: Maintain Separate Bank Account...
BENEFITS OF OUTSOURCING YOUR COMPANIES PAYROLL
Sunday, April 09
Payroll is a time-intensive task which holds a high level of importance to employee satisfaction and retention – if your business wants to retain top talent, payroll must be consistently accurate and timely.Outsourcing your company’s payroll function serves many benefits, the main benefits are a...
DEVELOPING A FLAWLESS SUCCESSION PLAN FOR YOUR REAL ESTATE BUSINESS– C
Sunday, April 09
When entering any business arrangement, including real estate partnerships, it is important to consider all potential future business changes. As time passes and the dynamics of your business change, a judicious succession plan can streamline the process of leadership changes, saving resources in...