Software and Business Tools Deductions Tip
Software products such as QuickBooks Self-Employed not only help you automatically track your expenses and mileage, but may be deducted, as well.Mileage Deduction Tip
If you drive more than 10K per year, the IRS requires you to keep a detailed log in order to claim this deduction, which includes date, time, mileage and purpose of the trip.Are You Tracking Your Profit?
Know how much you really earned for each real estate transaction. Did you know QuickBooks Self-Employed helps you easily record commissions and expenses for each listing—plus, you can also deduct the cost of them?Audit Advice – True or False: You’re more likely to be audited if you don’t report adjusted gross income.
True. You’re 5x more likely to be audited if you don’t report AGI (5.26% compared to .85%, according to the IRS). It’s easy to avoid applying appropriate deductibles when you track your business receipts.Real Estate and Retirement
Little known secret: A retirement plan that works well for agents is the Solo 401(k). You can save up to $54,000 ($60K for agents over 50) a year and deduct it from your taxes.
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.
Read more.
Provided by
