Why You Should Pay Attention to Quarterly Taxes
Failing to pay quarterly taxes, or making payments that are consistently too low, can not only cost you in the...
Business Tip of the Day
Audit Advice
You are five times more likely to be audited if you don't report adjusted gross income (5.26% compared to .85%,...
Track Every Possible Deduction
Being self-employed means you can deduct business expenses. Many agents don’t realize they can deduct 100% of thier Open House...
Mileage Multiple Choice
The 2017 mileage rate is: A. .57 cents; B. .53.5 cents; or C. .54 cents? B. The mileage deduction was...
Why You Should Pay Attention to Quarterly Taxes
Failing to pay quarterly taxes, or making payments that are consistently too low, can not only cost you in the...
Higher Income, Higher Risk
If your income is above $200K, your chances of being audited doubles from .85% to 1.75%, according to the 2014...
How Much Per Sq. Foot Can You Deduct for Your Home Office Expense?
A. $15; B. $10; C. $5. Answer: C. You can deduct $5 per square foot with a maximum of 300...
Real Estate and Retirement
Little known secret: A retirement plan that works well for agents is the Solo 401(k). You can save up to...
Know Your Deductions
Whether you're doing your taxes yourself or you have an accountant. Understanding which expenses are allowed, like mileage and entertainment,...
Cheat Sheet: Quarterly Taxes in 7 Steps
Determine net income. Calculate self-employment tax. Determine itemizations. Subtract personal exemption. Determine federal tax rate. Subtract tax credits. Divide the...
Sell Homes Faster and Win More Listings
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