Plano TX – Reporting Real Estate Income on your Tax Return

Last week we covered the general rules around reporting rental Real Estate activities on tax returns.  This week we’ll begin to dive into more specific issues related to income tax reporting for Real Estate Investors, by covering the reporting of income on rentals.  Today, we’ll cover income

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Using Custom Fields in Your Accounting Software

Custom fields in your accounting software are data fields that you can define yourself. They are typically associated with customers, vendors, employees, and items, and they can help you store and categorize additional information about these stakeholders and your products and services in your business. An example

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Should You Use Projects or Sub-Customer Functionality for your business within QBO?

  Quickbooks Online (QBO) has added the Projects Feature to QBO.  In some ways, Projects is similar to the Sub-Customers functionality, but in other ways, it is very different.  If your business flow can work within the requirements of Projects, it can be a very powerful tool

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