Accounting for owner-operated businesses

Different businesses need different records. Explore the tax and bookkeeping questions relevant to your work.

Find your business

Accounting for consultants and service businesses

See which work is profitable, plan owner pay and keep tax reporting connected to the books.

Accounting for owner-operator truckers

Organize freight income, operating costs, equipment records and tax payments around your business.

Tax and bookkeeping for real-estate investors

Keep property records clear and review tax consequences before buying, improving, refinancing or selling.

Tax and bookkeeping for freelancers

Keep business income, expenses and estimated payments organized as your work grows.

§ FAQ

Questions we hear about the industries we serve.

What industries does KDM specialize in?

KDM works with four industries: owner-operator truckers, service businesses, real estate investors, and freelancers and solopreneurs. For each one, the firm knows the forms, the deadlines, the IRS notices, and the S-Corp math.

Does KDM handle taxes for owner-operator truckers?

Yes. For owner-operator truckers, KDM covers per-diem tracking, quarterly IFTA, Form 2290 HVUT, and the S-Corp math at the owner-operator scale. It is one of the four industries the firm knows cold.

What does KDM offer service businesses like consulting firms and agencies?

Service businesses are the S-Corp niche KDM knows best, including consulting, agencies, and professional services. The firm handles reasonable compensation, K-1s, Section 199A QBI, and multi-state sales tax.

When should a freelancer or solopreneur switch from Schedule C to an S-Corp?

KDM files freelancers and solopreneurs on Schedule C today and moves to an S-Corp when the math says yes. It generally looks at the S-election once net self-employment income clears about $60K, alongside quarterly estimates and Section 199A QBI.

Do real estate investors always need an S-Corp at KDM?

No. KDM does Schedule E right and uses an S-Corp only where it actually helps. For real estate investors the firm also works with REP status, cost segregation, Section 1031, and the short-term rental loophole.

Call KDM (561) 334-4066