by Laura Waldrop | Nov 30, 2023 | Budgets, Business-Building, QuickBooks, Tax, Uncategorized
A profit and loss statement, often called an income statement or P&L for short, serves as a powerful tool for gaining crucial financial insights. This tool empowers you to make informed decisions, allocate resources efficiently, and track your journey toward...
by Laura Waldrop | Apr 23, 2021 | Budgets, Business-Building, QuickBooks, Tax, Uncategorized
The Benefits of Paying Estimated Quarterly Taxes and How to Calculate Them While there are no criminal penalties for not paying your real estate business’ taxes every quarter, there are distinct advantages for doing so. You can save considerable money—and avoid...
by Laura Waldrop | Mar 24, 2021 | QuickBooks, Tax
COVID-19 has taken a financial toll, and the recovery process is in full swing. To give Americans a little push in the right direction, the U.S. government and the IRS are adjusting several deductions, most of which will help you keep a little extra money in your...
by Laura Waldrop | Feb 19, 2021 | Accounting, Budgets, QuickBooks
Creating a budget will help your real estate business succeed and allow you to continue to benefit personally through that success. Robert Kiyosaki once said, “It’s not how much money you make, but how much money you keep, how hard it works for you, and how...
by Laura Waldrop | Jan 24, 2021 | Accounting, Business-Building, QuickBooks
A glance in your financial rearview mirror often looks good for you as a real estate agent: You met your gross commission income (CGI) goal, you closed several good deals, and, most importantly, your business is still alive and well. But is it thriving or merely...
by Laura Waldrop | Oct 25, 2017 | Fraud, QuickBooks
Many businesses have experienced fraud first-hand. Those who survived the theft are quick to implement accounting controls. Below are 10 tips for best practices related to protecting your cash and the tools you can use in QuickBooks. Implement an Expense and...
