Accounting

Find tips in the following accounting checklist and information on setting up or improving your accounting system . 

1. Find accounting or bookkeeping assistance

• Get referral from business associates, friends, family
• Contact the Better Business Bureau

2. Find assistance for tax issues

• Get a referral from business associates, friends, family
• IRS information
• Tax attorney information
• Get IRS Circular E, Employer's Tax Guide
• Tax Record Keeping
• Helpful tax websites

3. Determine what bank accounts are needed

• Real estate escrow account
• General business accounts - both payroll and operating

4. Open a real estate escrow account

5. Set up account bookkeeping system

• On paper, computer, or both
• Get a recommendation for computer software from your accountant
• Items to add to your income statement

6. Review business and payroll requirements

7. Familiarize yourself and your agents with the MORe billing schedule. 

Member Billing Schedule:

Annual Dues - Dues will be billed during the last week of October, due December 1. A late fee of $30 will be added on Monday, December 5.

MLS Fees - MLS Fees for new members are billed quarterly on the first day of each calendar quarter in the amount of $75. They are due upon receipt with a late fee of $25 if paid after the 27th of the month.