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Three Local CPA Offices to Serve You:
Needham, MA
Bonita Springs, FL
Cape Coral, FL

Monthly Archives: May 2017

Thinking like an Accountant

Accountants see the world differently than most people. Here are three easy ways to start thinking more like an accountant. 1. Always round up. Whenever you see a price, $4.98 for instance, the accountant sees five bucks. 2. Always add … Continue reading

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After-tax dollars and price versus cost

If you are a wage earner, and your income is reported to you each year on payee statement form W-2, you should be aware of the concept of after-tax dollars. I’ll keep all of these numbers round and simple. Let … Continue reading

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Valuing Rental Real Estate for Depreciation

We have recently been on the subject of Rental Real Estate and depreciation, and a related Tax Court Summary Opinion has come to light. When it comes to allocating cost basis between the depreciable structure, and the non-depreciable land I … Continue reading

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