Open House Deductions
Open Houses are considered a business expense. For events that are provided to the general public, such as a well-advertised open house, you are able to deduct 100 percent of the cost of refreshments.Quarterly Tax Penalty Is Real
Not paying quarterly taxes, or making late or too-small payments, can result in penalties & additional interest owed. It can also raise a red flag for the IRS. Be prepared: Next quarterly deadline is 9/15.Do You REALLY Need to Track Your Mileage?
Yes, if you want to claim this deduction (up to $500 per 1K miles). If you drive more than 10K/year, the IRS requires a detailed log with date, time, mileage and purpose of the trip.Can Business Gifts Be Deducted?
Yes, but the law only allows $25 on business gift deductions — So keep those new client gifts humble!Multiple Choice: Which Deductibles Are You Owed?
A. car mileage; B. meals; C. entertainment; D. all of the above D. As real estate agents, you are eligible for a host of deductions permitted you keep track of your business-related expenses.
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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