Bookkeeping includes a customized review and organization of your income and expense transactions. While every client’s preferences and needs are different, we’ve typically included similar components to our bookkeeping service, which can include the following (as agreed with client):
- Split of personal versus business transactions
- Review of transaction organization
- Review of profit and loss from financial and tax standpoint
- Ability to include integrations to other expense tools
- Discounts on accounting software (QuickBooks and Xero)
- Tax liability and scenario discussions after review
At Shared Economy Tax, we specialize in offering top-tier 1099 bookkeeping services for freelancers, independent contractors, Airbnb hosts, rideshare operators, and self-employed individuals in a variety of industries. Our services are designed to provide you with a comprehensive overview of your income and expenses, allowing you to make informed decisions to optimize your financial position.
Expert Guidance for Optimal Profit and Loss Management
Navigating the intricacies of profit and loss management is crucial for maintaining a healthy financial standing. Our experienced 1099 bookkeepers provide comprehensive reviews from both financial and tax standpoints, offering insights into optimizing your profit and loss statement. By identifying potential areas for improvement and offering strategic advice on tax liabilities, we ensure that you have a clear understanding of your financial position and are equipped to make informed decisions for the future of your business.
Integration with Cutting-Edge Expense Tools
Our services encompass the ability to integrate with other expense management tools, allowing for a more comprehensive approach to tracking your financial transactions. By leveraging advanced integrations, we aim to simplify your bookkeeping procedures and provide you with a hassle-free experience that saves you valuable time and effort.
Discounts on Industry-Leading Accounting Software
We offer exclusive discounts on leading accounting software, including QuickBooks and Xero. These software solutions are renowned for their user-friendly interfaces and robust features.
Proactive Tax Liability Management and Scenario Discussions
We go beyond traditional bookkeeping services by providing proactive tax liability management and in-depth scenario discussions. Our experts specialize in navigating the complexities of 1099 accounting, offering comprehensive guidance on tax implications and potential strategies to minimize your tax burden. By staying informed about the latest tax regulations and industry trends, we ensure that you are well-prepared for any tax-related challenges that may arise, enabling you to make informed decisions to protect your financial interests.
Why Go With Shared Economy Tax
White-Glove Service
After receiving your transactions, we’ll share a full overview of suggested improvements and optimizations
Easy
Our Client Setup takes less than 10 minutes.
Expertise
Our tax experts know how the IRS works and how to save $1,000’s in tax without raising red flags.