2022 Mileage rates set by the IRS
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2022 Mileage rates set by the IRS

Here are your 2022 Mileage rates The 2022 business mileage rate is 58.5 cents/mile driven for business use.  That is up 2.5 cents from 2021 rate Qualified active-duty Armed Forces members for medical or moving purposes, the rate is 18 cents/mile driven, up 2 cents. Performing service for charitable organizations,  the rate is set by statute and remains unchanged…

Keeping good records, be in the know
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Keeping good records, be in the know

Keep it separated Some of the real estate agents we have worked with were shocked when they got their tax bill.  They owed more to the IRS due to not capturing all of their expenses.  They had been missing out on thousands of dollars of deductions because they are not keeping good records. The primary…

Real Estate Accounting, less stress, more business
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Real Estate Accounting, less stress, more business

The business of real estate Whether you are a real estate agent, running a real estate brokerage or a property management firm, you are in fact running a business.  Although similar, they each have different business requirements, as well as differing regulatory rules and regulations. Real Estate Brokers and Agents have large demands on their…

Financial Reports for the Business
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Financial Reports for the Business

All sorts of reports Serious business owners and entrepreneurs are making sure to analyze how well their business is doing, by looking at financial statements and running reports. This is an important process which is dependent upon continuity and genuine interest toward making things run smoothly. There are a number of reports a company can…

Xero and Receipt Bank Integration
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Xero and Receipt Bank Integration

Are you ready for this? If you’ve ever worked with Xero, then you’re probably familiar with how easy running online financial reports and maintaining the books can be. With this amazing software, there is truly something for everyone. Business owners are able to: Correspond with both clients and employees in the same platform Enjoy multi-currency…