We’re not saying we enjoy upsetting the IRS. But when we can legally write off walls, windows, flooring, parking lots… even toilets? Yeah, we’re gonna keep doing that. This little-known tax move is called cost segregation, and it’s one of the most powerful (and underused) tools available to property owners. If you own commercial property […]
The IRS Hates This Strategy (But Property Owners Love It) Read More »
Most business owners pick their accounting method without realizing how much it messes with their numbers. Cash basis sounds simple. Until it hides your real profit. Accrual sounds complicated. Until you realize it gives you a way clearer picture. The wrong choice can lead to overpaying taxes, bad decisions, and confusion every time you check
Accrual vs Cash Basis: Choose Wrong, Watch Your Profit Vanish Read More »
Mixing business and personal money might feel convenient, but it’s a giant red flag. To your CPA. To the IRS. To your future self when you’re neck-deep in tax drama wondering where your deductions went. When You Mix It All Together, Nothing Makes Sense This is not just a recordkeeping issue. It can create legal
Separate Your Finances or the IRS Will Do It for You (And They’re Not Gentle) Read More »
