Bastian Accounting Blog

Top 2 Missed Business Deductions

Every year at tax time I find many small business overlook these two super easy deductions! #1 MILEAGE Yup, currently in 2017 you can deduct 53.5 a mile for Business mileage. Click HERE to find current rates. What is Business Mileage? Driving to post office to check...

Dubsado vs. QuickBooks Online

To QBO or Not to QBO… A question a lot of dubsado users are asking is “how do I know when or if I need QuickBooks” My answer… it depends on your business and your goals. Dubsado Dubsado will track the income that you invoice out and your expenses that you manually...

Why I LOVE Dubsado!

Dubsado, How Do I Love Thee, Let Me Count The Ways! Oh My Gosh! Where do I start? Dubsado has such an amazing set of features that are constantly growing. I will go over my favorites with you below. But, this by no means, covers everything Dubsado offers so I advise...

Business Entity Basics

Whether you are moonlighting, part timing, freelancing or going all in with a  full-time gig. If you provide goods or services in exchange for currency you are in fact, operating a business. When starting your own business there are some basic things you need to know...

The Accidental Partnership

A Partnership can be advantageous when set up and executed properly. However, they can also be setup accidentally and this can be stressful and harmful to a new business. Be careful how you start your business if you are working with a relative or friend make sure you have it in writing that you are not forming a partnership. Be careful who you borrow money from and make sure you have in writing that the borrowing of the money does not give them ownership in your business.

1099-MISC (The Good, The Bad, The Penalties)

If are self-employed or own a small business, chances are you have seen a 1099-Misc form. There is a great deal confusion surrounding this funny little tax form. The Nitty Gritty I have seen many clients who do not realize that indeed, they are required to track...

Holiday Party Deduction

Soon it will be the most wonderful time of the year. Hosting a holiday party is a great way to boost holiday spirit and employee morale. It’s even better when you can deduct the cost of the celebration. How can I deduct 100% of the cost? You read that right, you can...

The Mystical Home Office Deduction

Who can take this deduction? Self-Employed or Small business owners who meet the following two rules: You must use the space exclusively and on a regular basis to conduct business. You must use the space as your principle place of business. Employees who meet the two...

Tiffany Bastian, owner of Bastian Accounting

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