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Posted by: Charles P Myrick CPA Posted on: Nov 21 2017

Three Ways a Property Manager Can Improve Your Life

Investing in rental properties can help you reach your financial goals. But, being a good landlord takes practice, and no matter how much you read, there really isn’t a substitute for experience. That’s why many successful real estate investors and landlords depend on their property management companies. They say that a competent property manager can add significant value to the investment. Here are some of the benefits of skilled property management services:

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Posted by: Charles P Myrick CPA Posted on: Nov 14 2017

Are You Prepared for An Injury at Your Church?

Churches are sanctuaries and safe places for communities to gather. That doesn’t mean that people can’t get injured there though. In fact, injuries happen at churches every day. Pastors slip and fall on wet floors, and volunteers trip over their feet when playing with kids. Anything can happen at any time.

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Posted by: Charles P Myrick CPA Posted on: Nov 07 2017

How a Small Business Advisor Can Help Solve Your Problems

You want your business to thrive, so you’re considering hiring a small business advisor. Before you dive in, you want to make sure that a business consultant will help your business. There are many ways that consultants help companies thrive. Here are four of them: 

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Posted by: Charles P Myrick CPA Posted on: Oct 31 2017

What is The Best Plan for Church Repairs and Maintenance?

Church leaders and their congregations know the importance of maintaining the structure that houses their ministry. They want to preserve the value of the building for future generations, protect their assets, and maintain the safe and efficient operations of the facility. Unfortunately, churches frequently find themselves addressing problems of deterioration and safety as they happen, often without the necessary funds.

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Posted by: Charles P Myrick CPA Posted on: Oct 24 2017

How to Pay Less Taxes and Save Money on Health Care

 

When most of us think about medical emergencies we focus on the cost: is our health insurance adequate to cover the needed treatments. Our concern centers on premiums, deductibles, and co-pays. The potential for tax advantages is another element to consider. Two health care plans - Health Savings Account (HSA) and Flexible Savings Account (FSA) – reduce income tax liability. Both of these accounts let you pay less taxes and save on health care expenses.

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Posted by: Charles P Myrick CPA Posted on: Oct 19 2017

Advice for Churches: Increase End-of-Year Giving

In the world of non-profits, including churches, end of the year donations are critical to the financial well-being of the organization. Why? Many individuals and companies wait till year-end to take advantage of tax advantages. By year end they know where they stand financially, how much they can afford to donate and how a donation could actually help them save money in other areas of their finances.

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Posted by: Charles P Myrick CPA Posted on: Oct 10 2017

What Advantages Do Property Managers Get With Accounting Software?

As a property manager, accounting is part of your daily life. In addition to dealing with all the challenging tasks of property maintenance and tenant or owner issues, you have to monitor the books. If you are struggling to keep up, paper may be holding you back. Is it time to switch your property management accounting system from paper to software?

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Posted by: Charles P Myrick CPA Posted on: Sep 26 2017

How Important Is a Successful Business Plan?

If you’re a small business owner, you need a business plan. Not only will a business plan help you think more clearly about your business’ future, it also forces you to organize your goals and strategies, and keeps your business on track. 

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Posted by: Charles P Myrick CPA Posted on: Sep 19 2017

Can You Save on Taxes With a Home Office Deduction?

Do you use your home as an office? If so, it's worth considering whether or not you are eligible to take a tax deduction for your home office. The benefit can be significant. The home office deduction is one key way to reduce your tax bill. Here's some guidance from the IRS on how to determine your eligibility. 

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Posted by: Charles P Myrick CPA Posted on: Sep 12 2017

How to Use the Schedule E for Your Rental Properties

If you are investing in rental property, then you’ll become well-acquainted with the Schedule E tax form. The Schedule E is where you’ll report all of your expenses and income for the year, and take advantage of any deductions you may want to claim.

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