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Posted by: Charles P Myrick CPA Posted on: Jan 29 2019

Why Schedule E is So Important for Landlords

If you are investing in rental properties, 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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Posted by: Charles P Myrick CPA Posted on: Aug 22 2017

How To Get Better at Managing Your Rental Properties

In our past blogs, we’ve talked about some of the tax deductions you can get as a landlord. But guess what? None of those tax deductions matter if you don’t have the records to claim them. 

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

Organizing Your Records for Tax Preparation

Your appointment with your tax preparation services is the next day, and you don't have any idea where your files are. You find yourself scrambling around to secure your records as you prepare for the meeting. You look on your computer, in drawers, and in countless files. You finally find some of your records and hope you have enough to get the job done. Sound familiar? 

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Posted by: Charles P Myrick CPA Posted on: Oct 25 2016

Can Bookkeeping Services Solve Small Business Cash Flow Problems?

As a small business owner, you may have learned the hard way how important it is to stay on top of cash flow management. Have you ever found yourself in a situation where payments are due, but the money is not available? It can be difficult to manage the cash flow on your own. An alternative is to contract out your bookkeeping services to a Certified Public Accountant (CPA). 

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Posted by: Charles P Myrick CPA Posted on: Aug 09 2016

What Should A Small Business Owner Know About Bookkeeping?

 

Many small business owners pay too little attention to their financial statements. Unfortunately, these owners don’t understand just what the statements have to offer. They should become familiar with three basic financial statementsBalance Sheet, Income Statement, and Cash Flow Statement.

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Posted by: Charles P Myrick CPA Posted on: Apr 19 2016

4 Ways to Improve Your Small Business Bookkeeping

Bookkeeping is a necessary step that needs to be utilized in your company, and many small business owners fail to implement an effective bookkeeping system. If you aren’t managing your accounting in the right way, then it is more difficult to make ongoing financial decisions for your company.

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Posted by: Charles P Myrick CPA Posted on: Apr 12 2016

Bookkeeping 101 For Landlords: How To Manage Rental Properties

In our past blogs, we’ve talked about some of the tax deductions you can get as a landlord. But guess what? None of those tax deductions matter if you don’t have the records to claim them. 

Read More →
Posted by: Charles P Myrick CPA Posted on: Mar 15 2016

Rental Properties and The Schedule E Tax Form

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.

Read More →
Posted by: Charles P Myrick CPA Posted on: Jun 30 2015

10 Myths about Small Business Management

It is easy for business owners to get stuck in old habits, and sometimes business practices are hindered because the employees and management are caught up in myths. Here are ten of the most common myths about small business management, so that you can check your systems and avoid these traps: 

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Posted by: Charles P Myrick CPA Posted on: May 19 2015

Outsourced Accounting: Help for Small Business Cash Flow Management

As a small business owner, it is imperative that you correctly manage the cash flow of your business. Otherwise, you might find yourself in a situation where payments are due, but the money is not available. It can be difficult to manage the cash flow on your own.  An alternative is to enlist the services of an experienced Certified Public Accountant (CPA) to help with financial management.

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