Accounting Insights

Not all rental property repairs are deductible for tax

Accounting software users and/or business owners who have had discussions with their tax advisors about accounting methods may have heard the concepts of cash-basis accounting or accrual accounting kicked around, and maybe even the hybrid method or percentage of completion.

Do you feel like your business is bringing in money, but you aren’t keeping any of it? Do you wonder if you had better books, if you’d be able to make better decisions? Do you feel disorganized around tax time? If you are considering working with an outside CPA to help assist with your business’s bookkeeping and other accounting/finance functions? Read on to see benefits of working with Sync CPA for your business’s accounting needs.