business accounting systems Archives - Business Accounting Systems

Turning Your Hobby Into a Business

Turning your hobby into a business can provide tax benefits if you do it right. But it can create a big tax headache if you do it wrong.

If you want to make a profit by investing in rental real estate, you must be willing to commit more resources to this property

You need cash right away. Should you consider a payday loan? Payday loans can provide short-term financing

The CPA commitment. As trusted advisors, CPAs across the country have made a commitment to increase financial literacy. How?

While most of us are never audited, when it happens it can feel a lot like a lamb thrown in the room with a lion.

One of the basics when considering how to fund your retirement is to be as tax-efficient with your income as possible.

If you want certain individuals to receive property from your estate, there may be advantages to making those gifts while you are still alive.

Wouldn’t it be nice to have a source of nontaxable income? Listed here are several income items that the IRS does not tax.

Are you planning to use your vacation home soon? If you’re not going to use it, have you considered renting it?

With volatile activity in the stock market in recent years, the old stock selection rules are not always applicable. Read more on stocks here!