How do you file your business taxes as a Realtor? Which tax form do you use? What’s s the filing deadline? Real estate agents and brokers frequently ask me these questions. If you’re a newer agent, it’s your first time filing a business return. If you’re an experienced Realtor, but … Read more
I love Cape Cod Realtor Katie Clancy’s take on New Year’s resolutions. “I don’t make resolutions.” says Katie @theCapeHouse. “I just employ steady pressure to my goals all the time in the form of habits.”
So let’s start there. Call these “declarations”. Or maybe “affirmations”.
Whatever you call ‘em, their purpose is to provide inspiration to crush your goals for 2020
You fear a big tax bill is coming due. Should you file if you can’t pay? Maybe you filed an extension in April, in order to delay things. But now the extension deadline is near. Unfortunately your finances haven’t improved. You’re expecting some extra money may come in within the … Read more
Do real estate agents need to pay taxes quarterly? What are Quarterly Estimated Taxes? IRS rules require that you make quarterly payments on income that is not subject to withholding. W-2 income has taxes withheld. But your real estate commissions are paid on a 1099 basis, and o one is ‘with-holding’ … Read more