Category Archives: Bookkeeping

Depreciation Rule Modifications 2025

For sure property with extra extended manufacturing durations, those phase-downs were delayed by one year. For example, a 60% bonus depreciation price applies to long-production-period property positioned in service between January 1 and January 19, 2025. Taxpayers also wants to remember that QIP, up to date in 2017 beneath the TCJA, is still eligible for […]

Professional Bookkeeping Services for your Business- OVERSIGHT BOOKKEEPERS

Schedule a free meeting with us today and we will roll out the red carpet for your business. They track income and expenses, reconcile bank statements, process payroll, generate financial reports, https://www.bookstime.com/ handle invoices, and use cloud-based software to ensure accurate bookkeeping. Professional bookkeepers use advanced financial software to generate real-time, accurate reports, streamlining the reporting process. […]

What’s The Gross Sales Tax Deduction And How Do I Claim It?

Spouses who are both educators and file collectively get a deduction of $300 every, making them eligible to claim as much as $600 on their return. If a qualifying automobile mortgage is later refinanced, curiosity paid on the refinanced amount is usually eligible for the deduction. Ken Berry, Esq., is a nationally-known writer and editor […]

Bookkeeping in the Medical Office: Key Essentials for Compliance

For many medical office administrators, Intuit’s QuickBooks has proven to be the application to help them do bookkeeping for the medical practice. Most accounting software platforms have cloud services as well, allowing for real-time expense tracking and collaboration with other health care administrators. Bookkeeping is carefully recording and managing all financial transactions in a business, […]