Biztally - Bookkeeping and Taxation Company Blog

  Hate spreadsheets? You’re not alone. Here’s how to keep your bookkeeping clean without the stress. Most business owners don’t start their company because they love accounting. But ignoring your books can lead to tax headaches, poor decisions, or worse — IRS issues. Here’s how to keep things simple: 🧾 1. Separate Your Accounts Use a dedicated business checking account and credit card. Mixing personal and business is a recipe for pain at tax time. 🗂️ 2. Track Every Expense (Even the $5 ones) Whether it's a business lunch or a printer cartridge, log it. Cloud-based tools or a dedicated bookkeeper can help keep you audit-ready. 📦 3. Keep Digital Receipts Scan or forward receipts to a dedicated email folder. Apps like Expensify or Dext can automate this. 📆 4. Review Monthly, Not Yearly Don’t wait until April to figure out your books. Set a 1-hour review on your calendar each month — or hire someone who will. Bookkeeping doesn’t have to be perfect. It just needs to be con...

  How Top Agents Stay Organized, Save on Taxes & Grow with Confidence As a real estate agent, you're juggling deals, clients, and deadlines. The last thing you need is a bookkeeping mess — or a surprise tax bill. The good news? Keeping clean books doesn’t have to be overwhelming. Here's how successful agents stay on top of their finances — and how Biztally helps them do it. ✅ Smart Bookkeeping Practices for Real Estate Agents 1. Separate Business & Personal Accounts Mixing personal and business expenses is a recipe for chaos — and an audit. A dedicated business bank account makes bookkeeping and tax filing 10x easier. It’s the first step toward professional, clean books. 2. Track Every Expense — No Matter How Small From Facebook ads to open house signs, every business expense should be tracked. With Biztally’s cloud-based tools, logging receipts and transactions is fast, secure, and stress-free. 3. Log Your Mileage — It Adds Up If you drive for showings, clie...

  Being a real estate agent in the U.S. today is not just about selling houses—it’s a high-pressure balancing act involving inventory shortages, tech overload, demanding clients, and unpredictable income. With the market evolving rapidly, agents are under more stress than ever before. Here’s a breakdown of the top 10 challenges real estate professionals are facing right now—and what’s causing these roadblocks. 1. 🏘️ Low Inventory / Housing Shortage The Problem: There simply aren’t enough homes for sale in many regions. Impact: Agents compete fiercely for limited listings Longer gaps between closings Buyers become frustrated with limited options What it Means: More time, more work, fewer deals. 2. 💰 High Interest Rates The Problem: Mortgage rates have risen sharply in recent years. Impact: Buyers are priced out or wait on the sidelines Sellers hesitate to list, fearing they’ll lose low-rate mortgages Fewer transactions mean tighter wallets for age...