Airbnb Bookkeeping: Gross vs. Net Payouts and Lodging Tax

Airbnb bookkeeping done right: book the gross booking not the payout, platform fees as expenses, lodging tax as a liability,…

1 week ago

How to Separate Expenses Between Multiple LLCs: The 90-Day Untangle

How to separate expenses between multiple LLCs after a year on one card: assign each charge, book intercompany balances both…

1 week ago

Business Line of Credit: When to Set It Up and How to Size It

A business line of credit gets set up in October from clean books, not in December from a crisis. What…

2 weeks ago

Filing Taxes Late After an Extension: What to Do This Week

Filing taxes late after an extension: the three situations owners land in on October 15, the right move for each,…

2 weeks ago

When Payroll Reports Don’t Match the Books: The 941 Mistake

The Q3 941 is due November 2. Why payroll reports and books stop matching, what an IRS letter looks like…

2 weeks ago

Landlord Bookkeeping: Security Deposits, Loan Splits, and Schedule E

Landlord bookkeeping done as real books: why security deposits aren't income, how loan payments split, repairs vs. improvements, and depreciation…

2 weeks ago