What Can I Deduct as a 1099 Contractor? A Practical Guide
What can I deduct as a 1099 contractor? A practical guide to the deductions independent contractors can claim — from home office to mileage to retirement.
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Small Business Bookkeeping Tips & Guides
Practical guides for Florida small business owners who want cleaner books, fewer surprises, and better answers when their CPA, lender, or the IRS asks for records.
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1099-K Explained: Venmo, PayPal, Cash App, and Square
1099-K from Venmo, PayPal, Cash App, or Square — what it is, the 2025 vs 2026 threshold change, and what you need to report (or not) on your taxes.
Read article1099 vs W-2: What's the Difference, and Which One Are You?
1099 vs W-2 — what's the difference for workers and businesses? A plain-English breakdown of classification, taxes, benefits, and what each means in practice.
Read article7 Benefits of Outsourcing Payroll for Small Businesses
Outsourcing payroll saves time, reduces compliance risk, and costs less than most owners think. Here are 7 real benefits and what to look for in a payroll service.
Read articleBookkeeping for Construction Businesses: What Contractors Need to Track
Construction bookkeeping has more moving parts than most small businesses — job costing, retainage, change orders, subcontractor 1099s. Here's what to track and why.
Read articleBookkeeping for E-commerce Sellers: Shopify, Etsy, and Amazon
E-commerce bookkeeping has more moving parts than most retail. Here's what Shopify, Etsy, and Amazon sellers need to track — inventory, sales tax, fees, and more.
Read articleBookkeeping for Salons, Barbershops, and Beauty Businesses
Salon and barbershop bookkeeping covers booth rent, commissions, tips, retail products, and supply tracking. Here's what beauty business owners need to track.
Read articleBookkeeping for Short-Term Rentals and Airbnb Owners
Short-term rental bookkeeping covers more than rental income — cleaning fees, transient tax, depreciation, and platform reporting. What Florida STR owners need to track.
Read articleBookkeeping for Trucking and Owner-Operators: What You Need to Track
Trucking bookkeeping covers IFTA fuel tax, per diem, equipment depreciation, and contract income. Here's what owner-operators and small fleets need to track.
Read articleCash Basis vs Accrual Accounting: Which Is Right for Your Business?
Cash basis vs accrual accounting — the difference, the pros and cons, and how to decide which method is right for your small business.
Read articleCommon QuickBooks Mistakes (and How to Fix Them)
The most common QuickBooks mistakes small business owners make — duplicate transactions, wrong categorizations, broken reconciliations — and how to fix each.
Read articleHow Much Cash Should Your Business Keep on Hand?
How much cash should your business keep on hand? Here are the frameworks small business owners use — and how clean bookkeeping makes the answer realistic.
Read articleHow Much Should I Set Aside for 1099 Taxes? A Simple Guide
How much should you set aside for 1099 taxes? Here's a simple guide: the 25–30% rule, what's actually owed, and how quarterly payments work for self-employed earners.
Read articleHow to Switch Bookkeepers Without Losing Your Mind
Switching bookkeepers doesn't have to be painful. Here's how to do it cleanly — what to gather, what to communicate, and how to avoid common transition mistakes.
Read article10 Most Overlooked Tax Deductions for Small Business Owners
Ten of the most overlooked tax deductions for small business owners — and how clean bookkeeping helps you catch them before tax time, not after.
Read articleWhat Is the QBI Deduction? (And Do You Qualify?)
The QBI deduction lets pass-through business owners deduct up to 20% of qualified business income. Here's who qualifies, how it works, and what changed under OBBBA.
Read articleThe Estimated Quarterly Tax Guide for Self-Employed Owners
Quarterly estimated taxes explained for self-employed business owners — deadlines, safe harbor rules, how to pay, and how to avoid underpayment penalties.
Read articleS Corp vs LLC: Pros, Cons, and What It Means for Your Books
S corp vs LLC — the pros, cons, and tax implications of each, plus what it means for your bookkeeping. Educational guide for small business owners.
Read articleSection 179 and Bonus Depreciation: A Plain-English Guide
Section 179 and 100% bonus depreciation are back under OBBBA. Here's how each works, which to use when, and how to take the full deduction in year one.
Read article10 Small Business Bookkeeping Tips That Save Time and Money
Ten small business bookkeeping tips that save time, reduce errors, and make tax season easier — from separating accounts to choosing the right software.
Read articleWhat Can I Deduct as a Small Business Owner? A Plain-English Guide
What can I deduct as a small business owner? A plain-English guide to common deductions — what qualifies, what doesn't, and the records you need to keep.
Read articleWhat Is a Cash Flow Statement? (And Why It Matters)
A cash flow statement shows where cash actually came from and where it went. Here's how to read one, the three sections, and why it matters for small business owners.
Read articleWhat Is Bookkeeping? (And How It's Different From Accounting)
What is bookkeeping, and how is it different from accounting? A plain-English guide for small business owners — what bookkeepers do, what they don't, and why it matters.
Read articleWhen Should You Consider Electing S Corp Status?
When should you elect S corp status? Here's the income threshold where it usually makes sense, the costs to weigh, and what it means for your bookkeeping.
Read articleWhen Should Your Business Hire a Bookkeeper? 7 Signs You're Ready
When should your business hire a bookkeeper? Here are 7 clear signs your business is ready — and how to know when DIY bookkeeping is costing more than it saves.
Read articleYear-End Bookkeeping Checklist for Small Businesses
A complete year-end bookkeeping checklist for small businesses. Reconcile accounts, prep 1099s, review fixed assets, and get your books ready for tax time.
Read articleBookkeeping for Real Estate Agents: 6 Things You Should Be Tracking
Bookkeeping for real estate agents differs from regular small business bookkeeping. Here are 6 categories every agent should be tracking — and why each matters.
Read articleBookkeeping for Restaurants: What Florida Owners Need to Track
Food cost, labor cost, tip reporting, prime cost, inventory, and the Florida-specific sales tax and licensing rules every restaurant owner should be tracking.
Read articleSales Tax for Florida Small Businesses: A Plain-English Guide
Florida sales tax in plain English — the state rate, county surtaxes, what's taxable, how to register and file, plus the 2025 commercial rent tax repeal.
Read articleTop 5 Bookkeeping Mistakes That Cost Small Businesses Money
The five most common bookkeeping mistakes that cost small businesses money — from mixing personal and business funds to skipping reconciliations. And how to fix each.
Read articleHow Should I Pay Myself From My Small Business? (Owner's Draw vs. Salary)
Owner's draw vs salary explained by entity type — sole prop, single-member LLC, multi-member LLC, S-corp, C-corp — and how each method should show up in your books.
Read articleWhat Records Should You Keep for Your Small Business? (And for How Long?)
How long to keep business records — 3 years for most, 4 for payroll, 6 for under-reporting, 7 for bad debts, and indefinitely for property and never-filed returns.
Read articleHow to Pay an Independent Contractor: A 1099 Guide for Small Business Owners
How to pay an independent contractor the right way — W-9 first, payment method, the new $2,000 1099-NEC threshold for 2026, plus the mistakes that cost money every January.
Read articleMonthly Bookkeeping vs Catch-Up Bookkeeping: Which One Do You Need?
Monthly bookkeeping vs catch-up vs cleanup — which one do you actually need? A breakdown of the three, the signs you're behind, and what to do first.
Read articleWhy Hire a Bookkeeper as a Small Business Owner?
Seven real reasons hiring a bookkeeper pays off for small business owners — and the specific signs your business is ready to hand off the books.
Read articleNeed help organizing your books?
SoFlo360 Accounting Services helps Florida startups and small businesses with bookkeeping, payroll support, AP/AR, and QuickBooks cleanup. Spanish-friendly support available.