Blog Archives - Accolade Accounting Mon, 21 Sep 2026 12:10:29 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://accoladeaccounting.com/wp-content/uploads/2020/10/favicon-150x150.png Blog Archives - Accolade Accounting 32 32 188260981 A Guide to Transitioning from LLC to S Corp for Small Businesses https://accoladeaccounting.com/blog/a-guide-to-transitioning-from-llc-to-s-corp-for-small-businesses Tue, 08 Sep 2026 10:15:37 +0000 https://accoladeaccounting.com/?p=7941 Switching your LLC to an S Corp can be daunting. Our guide simplifies this process, providing clear instructions on filing IRS Form 2553, ensuring compliance, and maintaining records. You’ll gain valuable insights and tips from the experts at Accolade Accounting, making your transition smooth and stress-free. Discover how we can help you navigate these requirements […]

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]]> Switching your LLC to an S Corp can be daunting. Our guide simplifies this process, providing clear instructions on filing IRS Form 2553, ensuring compliance, and maintaining records. You’ll gain valuable insights and tips from the experts at Accolade Accounting, making your transition smooth and stress-free. Discover how we can help you navigate these requirements and ensure your business’s success.

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]]> 7941 Rental Property Tax Deductions: Landlord Allowable Expenses https://accoladeaccounting.com/rental-property-tax-deductions Tue, 08 Sep 2026 05:48:30 +0000 https://accoladeaccounting.com/?p=8225 The post Rental Property Tax Deductions: Landlord Allowable Expenses appeared first on Accolade Accounting.

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]]> 8225 Can Your Business Put $2,500 Into Your Child’s IRA (Trump Account)? https://accoladeaccounting.com/can-your-business-put-2500-into-your-childs-ira-trump-account Mon, 27 Jul 2026 13:15:14 +0000 https://accoladeaccounting.com/?p=8905 The post Can Your Business Put $2,500 Into Your Child’s IRA (Trump Account)? appeared first on Accolade Accounting.

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]]> 8905 Georgia Tax Residency Rules for 1099 Healthcare Professionals Working Multi-State Assignments https://accoladeaccounting.com/georgia-tax-residency-rules-for-1099-healthcare-professionals-working-multi-state-assignments Sun, 21 Jun 2026 17:56:46 +0000 https://accoladeaccounting.com/?p=8885 Georgia residency for 1099 healthcare professionals is based on domicile, not on which states your assignments take you to. Learn how state residency, tax home, and multi-state filing rules interact so you don't lose deductions or file in the wrong state.Understanding how these rules interact can change how much tax an investor pays each year. For example, depreciation allows rental property owners to deduct a portion of the property’s value annually, while passive loss rules determine whether those losses offset other income.

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]]> 8885 Tax Filing When One Spouse Has a W-2 and the Other Runs a Business: https://accoladeaccounting.com/tax-filing-when-one-spouse-has-a-w-2-and-the-other-runs-a-business Sun, 07 Jun 2026 19:51:13 +0000 https://accoladeaccounting.com/?p=8870 When one spouse earns W-2 wages and the other runs a business, self-employment tax, estimated payments, and QBI thresholds interact in ways most households don't expect. Here's how to plan for a joint return with both income types.

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]]> 8870 1099 Anesthesiologist Tax Strategy: S-Corp Decisions, Estimated Taxes, and Multi-State Filing https://accoladeaccounting.com/1099-anesthesiologist-tax-strategy-s-corp-decisions-estimated-taxes-and-multi-state-filing Tue, 12 May 2026 19:08:08 +0000 https://accoladeaccounting.com/?p=8842 For 1099 anesthesiologists working locums or across multiple states, estimated taxes, S-Corp election, and multi-state filing all affect each other. This guide breaks down how to structure your taxes correctly before your return is due.

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]]> 8842 Rental Property Repairs vs. Improvements: What the IRS Requires https://accoladeaccounting.com/rental-property-repairs-vs-improvements-irs-rules Mon, 20 Apr 2026 09:27:18 +0000 https://accoladeaccounting.com/?p=8811 The IRS requires rental property owners to classify every expense as a repair or a capital improvement before claiming a deduction. Learn the three-part test the IRS uses and the documentation you need to support your claim.

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]]> 8811 2025 Tax Year Filing for 1099 Healthcare Workers: April 2026 Deadlines https://accoladeaccounting.com/1099-healthcare-worker-taxes-2025-filing-guide-for-april-2026 Sat, 04 Apr 2026 14:17:29 +0000 https://accoladeaccounting.com/?p=8832 Healthcare professionals with 1099 income in 2025 face an April 15, 2026 filing deadline. This guide covers estimated tax compliance, entity structure decisions, deductions, and multi-state filing for locum tenens work.

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]]> 8832 Real Estate Investor Tax Guide https://accoladeaccounting.com/real-estate-investor-tax-guide Wed, 18 Mar 2026 10:11:17 +0000 https://accoladeaccounting.com/?p=8702 Many real estate investors expect rental property taxes to be simple, but the numbers often tell a different story. This guide walks through depreciation, passive activity rules, and the details that determine your actual tax outcome.

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]]> Many real estate investors expect rental property taxes to be simple. Rent comes in. Expenses go out. The remaining profit is taxed.

The first tax return often reveals a different outcome. A property producing steady cash flow may still show a tax loss. Another investor with a similar property may report a completely different result.

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]]> 8702 When to Hire a CPA for Your Small Business https://accoladeaccounting.com/when-to-hire-a-cpa-for-your-small-business Thu, 05 Mar 2026 10:59:50 +0000 https://accoladeaccounting.com/?p=8680 A small business should hire a CPA when estimated payments become difficult to manage, payroll or contractor classification creates risk, the entity structure changes, or an IRS notice arrives. Straightforward Schedule C returns can often be handled independently. Once S corporation elections, payroll compliance, partnerships, or multiple filings come into play, oversight shifts from convenience to risk management.

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]]> A small business should hire a CPA when estimated payments become difficult to manage, payroll or contractor classification creates risk, the entity structure changes, or an IRS notice arrives. Straightforward Schedule C returns can often be handled independently. Once S corporation elections, payroll compliance, partnerships, or multiple filings come into play, oversight shifts from convenience to risk management.

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