The main reason a business should hire a bookkeeper is to produce accurate key figures needed to make better financial decisions and ultimately increase the design firm’s bottom line.
QuickBooks Online Accounting with Ivy/Houzz Pro for Interior Designers
Interior design is a unique challenge, especially when it comes to accounting, but the geniuses behind Ivy/Houzz Pro have figured it out, and the best part is that it integrates with QuickBooks® Online (QBO).
Better Bookkeeping for Interior Designers
Our very own Marissa Jones explains how designers can practice better bookkeeping. You can find the full webinar below, but here is a quick guide if you are short on time.
10 Financial Questions Designers Should Be Asking Themselves
To start the conversation and head into 2021 with a strong outlook and trajectory for your interior design business, here are some questions for you to ask yourself.
Didn’t qualify for PPP? Here’s a List of Other Loan Options for Designers
We’ve compiled a list of loan options for designers who need extra cash flow or cash to fuel their growth.
Our Accounting Workflow for Interior Designers
Here are our best practices when it comes to interior design payment and order tracking in order to stay on top of your game.
Selling Outside Your State and Multi-State Sales Tax
Designers should always ask themselves, “Am I selling more than $50k worth of goods or services in a state in which I am not registered?” If you answered yes to this question, it might be time to look at nexus thresholds for that particular location and multi-state sales tax.
Top 10 Tax Deductions for Interior Designers
With all the extra stress we’ve all been through last year because of the pandemic, we understand how frustrating taxes can be. Thanks to these 10 tax deductions, interior designers can save a lot of money in taxes.
A New Change in Tax Rules: Meal Deductions
Starting January 1st, 2021 through December 2022, designers can claim 100% of their meal expenses paid to restaurants. That’s right, 100%!
Why Hire a Professional to File Your Interior Design Income Tax?
Are you an interior designer and looking to file your income tax, but aren’t sure if you should just do it yourself or hire a professional? Maybe we can help you decide!
Webinar: Hot Topics in Interior Design Accounting and Financial Management
Join Emilie Sheaffer, an accountant with expertise in the interior design industry, for some of the most pressing financial and accounting management issues faced by interior design professionals today.
Top 5 Benefits of Outsourcing Your Bookkeeping
When it comes to bookkeeping, a lot of business owners either pull their hair out trying to figure out all the numbers or wait until tax season to see if someone has the time to help.
Should I Hire Someone as a Contractor or Employee?
When you realize you need help and need to bring more people on board, here’s how to decide whether you should hire a contractor or employee.
How Much Does It Cost for an Interior Designer to Outsource Bookkeeping Services?
As an interior designer, it may be a good idea to outsource bookkeeping services so you can focus on your clients. Here’s roughly how much you can expect to pay.
Why Must I Report Retainer Balances As Income?
A retainer fee or retainer balance is money that your client pays upfront for services that you will perform later on. Retainer balances but be reported as income in certain scenarios.