Blog Posts | Page 3

Cost segregation reported on your taxes.

How To Report Cost Segregation On Your Tax Return

You’ve decided to cash in on accelerated depreciation with cost segregation, but what are your next steps once the study is complete? How you claim this depreciation varies based on whether the study was completed the same year you purchased the property or if you had a look-back study performed later. 

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Jan 25, 2024 Filed under: Cost Segregation

The Top 12 Rental Property Tax Deductions

If you own a rental property (or several), there are several write-offs that you can deduct to lower your tax bill. This includes everything from mortgage interest and homeowner’s insurance premiums to the money you pay toward utilities, repairs, and employee wages.

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Jan 22, 2024 Filed under: Cost Segregation
loyverse versus square

Loyverse VS Square POS Comparison 2024

Square and Loyverse are both great options for new small businesses with very low budgets. When it comes to Loyverse vs Square, the deciding factors come down to whether you plan on expanding your business and what kind of tools you’ll need to run your business.

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Jan 18, 2024 Filed under: Point of Sale
woman using a pos system at a salon

The Best Salon POS Integrations In 2024

There are many reasons you need a salon-specific POS system. Those POS systems may include every feature your salon, spa, or other service-based business needs — they are designed with your industry in mind. Others, however, might be close to perfect but don’t offer some of the built-in features you want. This is where POS integrations come in.

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Jan 17, 2024 Filed under: Point of Sale
salon POS systems

5 Reasons Why You Need A Salon POS System

You (and your employees) need specific tools to be successful and help your customers leave feeling satisfied. Save yourself time, money, and energy by improving your customer retention and reducing your employee turnover with a salon-specific POS system.

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Jan 17, 2024 Filed under: Point of Sale

Largest Payment Processors

A merchant acquirer is a financial entity, frequently a bank, that provides the settlement infrastructure for credit and debit card transactions. They also represent the backend of popular payment processing platforms like PayPal, Square, and Stripe, which in turn provide middleman services between the business and the merchant acquirer.

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Jan 16, 2024 Filed under: Data Reports
Calculate your bonus depreciation.

What Is Cost Segregation Bonus Depreciation?

Bonus depreciation is a tax incentive that allows businesses to write off a large percentage of the cost of an asset in the first year it’s placed into service. In 2024, 60% of the cost of qualified property can be written off in the first year it’s placed in service.

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Jan 16, 2024 Filed under: Small Business

How To Choose The Best POS Systems For Bars

In a perfect world, you would be able to ask other owners in your industry what POS system they use. If, however, you’re just getting started and not having luck in that regard, we would recommend checking out review aggregate sites like Software Advice, G2, the BBB, and Trustpilot to name a few.

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Jan 12, 2024 Filed under: Point of Sale