Category Archives: Bookkeeping

A Clean Start: Bookkeeping for Real Estate

Content Late fees for unpaid rent Growth-Orientated Accounting for Real Estate Agencies and Entrepreneurs What is your annual gross revenue? Prepare Early for Tax Season Tips for investors with large portfolios A budget and a P&L statement is necessary NOW, not when you finally get enough business, or when you feel like you are bringing […]

Depreciation Tax Shield Formula + Calculator

Content Depreciation Tax Shield Formula What is the Difference Between Gross Margin and Operating Margin? Example of a Depreciation Tax Shield Depreciation tax shield definition How Does Depreciation Affect Tax Shields? Tax shields involve investments and purchases that are tax deductible. Some common examples include charitable giving, mortgages, and depreciation expenses. The benefit of using […]

Outsource Bookkeeping: 6 Benefits, Types & Process

When you find a suitable bookkeeping solution, ensure you interview the person before hiring them. Most business owners seal the deal immediately and often miss some important details, only to notice the disadvantages when it’s too late. You can get in touch with professional bookkeepers for virtual bookkeeping through an online account. BooXkeeping has earned […]

The Top 10 Ways to Outsource Bookkeeping for CPA Firms

Content QuickBooks Live How local bookkeeping works Types of outsourced bookkeeping services What is Accounting outsourcing? AccountingDepartment.com: Best in-house support Asset Management for Startups: What You Need to Know The above reasons aren’t the only signs that you should outsource your bookkeeping. In general, the sooner you start with outsourced bookkeeping, the faster you’ll see […]

Reasons to Outsourcing Accounts Receivable 2023

Content Subscribe To Our Outsourcing & Automation Newsletter Questions About Outsourcing Accounts Receivable Management QBSS Named to the IAOP 2021 Global Outsourcing… Get Inside Outsourcing The accounts receivable outsourcing team was only to manage the clients “Bronze” customers with balances of $5000 or less. PCM established specific KPI’s (Key Performance Indicators) for the team members […]

S Corporation, Partnership & LLC Taxation

In both cases, the incidence of taxation rests with the owners of the entity where the activity is reported to the Government on the K-1 information return. A partnership allows for more structure flexibility, both in terms of loss and profit allocations as well as in the management of the company. By default, all partners […]

Tax Accountants for Property Developers and Property Investors

Content The Best Accountants Stay Up to Date in Real Estate Accountant Salary – How To Plan Your Accountancy Career Path CAPITAL GAINS TAX ON RESIDENTIAL PROPERTY: 30 DAY REPORTING Company Secretarial Related Services We are the only fully integrated real estate property accounting and fund administration services provider for developers, investors and asset managers. […]