Bookkeeping for brokers blog

Insurance Agency 1099 Reporting: How To File For Sub-Agents And Contractors
September 17, 2026
Mortgage Broker Bookkeeping

Insurance Agency 1099 Reporting: How To File For Sub-Agents And Contractors

Insurance agency owners who pay sub-agents or contractors need to file 1099-NEC forms by January 31. This guide walks through the rules, the deadlines, and the bookkeeping setup that keeps your agency out of IRS trouble.

Mid-Year Tax Planning For Mortgage Brokers: 4 Moves To Make Before Q4
August 6, 2026
Broker Basics

Mid-Year Tax Planning For Mortgage Brokers: 4 Moves To Make Before Q4

The best mortgage broker tax moves happen in July and August, not April. Here are 4 strategies for mid-year tax planning for mortgage brokers to reduce your tax bill before Q4 locks it in.

Mid-Year Tax Planning For Insurance Brokers: 4 Moves To Make Before Q4
July 30, 2026
Broker Basics

Mid-Year Tax Planning For Insurance Brokers: 4 Moves To Make Before Q4

Mid-year tax planning for insurance agency owners: four moves to lower your 2026 tax bill before Q4 closes the window on estimates, QBI, and S-corp salary.

How Insurance Agency Owners Should Pay Themselves: Salary and Distribution Split
July 16, 2026
Broker Basics

How Insurance Agency Owners Should Pay Themselves: Salary and Distribution Split

How insurance agency owners should pay themselves: get the salary and distribution split right, keep more of what you earn, and stay off the IRS radar.

Mortgage Broker Bookkeeping: Why You Can't See Profit Per Loan
June 19, 2026
Mortgage Broker Bookkeeping

Mortgage Broker Bookkeeping: Why You Can't See Profit Per Loan

Your loan files are AI-clean. Your books aren't. Why most mortgage brokerages can't see profit per loan, and how to rebuild the P&L to fix it.

How Mortgage Brokerages Should Record Commission Revenue (Accounting Guide)
June 4, 2026
Broker Basics

How Mortgage Brokerages Should Record Commission Revenue (Accounting Guide)

How mortgage brokerages should record commission revenue in 2026: recognition timing, LPC vs BPC, clawback reserves, LO splits, and chart of accounts.

Real Estate Brokerage KPIs: What to Track Monthly (With Benchmarks)
May 28, 2026
Broker Basics

Real Estate Brokerage KPIs: What to Track Monthly (With Benchmarks)

The 7 real estate brokerage KPIs that actually move profit in 2026: GCI per agent, net commission per side, OER, profit per agent, retention, and days to close.

How to Clean Up Real Estate Brokerage Books (Step-by-Step Guide)
May 19, 2026
Broker Basics

How to Clean Up Real Estate Brokerage Books (Step-by-Step Guide)

A step-by-step guide to cleaning up real estate brokerage books in 2026: trust accounts, commission income by agent, overhead allocation, and a monthly close routine that holds.

Tax Deductions for Insurance Agencies in 2026: What You Can Write Off
May 11, 2026
Broker Basics

Tax Deductions for Insurance Agencies in 2026: What You Can Write Off

A current guide to tax deductions for insurance agencies in 2026, from E&O premiums to QBI, vehicle use, and home office rules.

How Mortgage Brokerages Should Account for Early Payoff Penalties (EPOs)
April 20, 2026
Broker Basics

How Mortgage Brokerages Should Account for Early Payoff Penalties (EPOs)

Learn how to account for early payoff penalties or EPOs for mortgage brokerages, track lender recapture risk, and keep commission revenue reporting clear

Managing Cash Flow for Real Estate Brokerages
April 14, 2026
Broker Basics

Managing Cash Flow for Real Estate Brokerages

Want to know how to manage cash flow for real estate brokerages? Discover practical steps to forecast, control spending, and build stability in a commission-based business.

When Can a Real Estate Brokerage Afford to Hire an Admin
April 7, 2026
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When Can a Real Estate Brokerage Afford to Hire an Admin

Not sure when a real estate brokerage can afford to hire an admin? Learn the financial and operational signals that indicate it is time to bring on support.

How Insurance Agencies Decide When They’re Ready to Hire
March 31, 2026
Broker Basics

How Insurance Agencies Decide When They’re Ready to Hire

Not sure when to hire in your insurance agency? Learn the operational and financial signals agencies use to decide when insurance agencies are ready to hire and grow the team.

Why Mortgage Pipelines Don’t Translate to Predictable Cash Flow
March 11, 2026
Broker Basics

Why Mortgage Pipelines Don’t Translate to Predictable Cash Flow

A full mortgage pipeline doesn’t guarantee predictable cash flow. Learn why loans fall out, closing timelines shift, and which metrics mortgage brokerages should track.

How Insurance Brokerages Track Commissions and Renewals
March 4, 2026
Broker Basics

How Insurance Brokerages Track Commissions and Renewals

Learn how insurance brokerages track commissions and renewals, reconcile carrier statements, and improve cash flow visibility with structured systems.

Pending vs Earned Commissions in Real Estate Accounting
February 18, 2026
Broker Basics

Pending vs Earned Commissions in Real Estate Accounting

Pending vs earned real estate commissions can make or break brokerage financial clarity. Learn how real estate brokers should account for commissions and avoid reporting mistakes.

Commission Splits Explained For Real Estate Brokerages
February 11, 2026
Broker Basics

Commission Splits Explained For Real Estate Brokerages

Real estate commission splits affect recruiting, retention, and revenue. Learn how brokerages structure commission splits and what to consider when setting them.

Why Mortgage Broker Profits Don’t Match Cash In The Bank
February 4, 2026
Broker Basics

Why Mortgage Broker Profits Don’t Match Cash In The Bank

Confused why your mortgage broker profits don’t match your cash balance? This guide explains commission timing and how to manage mortgage broker cash flow.

Accounting Mistakes That Quietly Cost Real Estate Brokerages Money
January 30, 2026
Broker Basics

Accounting Mistakes That Quietly Cost Real Estate Brokerages Money

Real estate brokerage accounting mistakes quietly drain cash. Learn where money is lost, why it compounds, and how to regain financial clarity and control.

How Insurance Brokerages Should Review Their Financials at the Start of the Year
January 23, 2026
Broker Basics

How Insurance Brokerages Should Review Their Financials at the Start of the Year

Start the year with clarity. Learn how insurance brokerages should review financials to uncover hidden risks, improve cash flow visibility, and support growth.

Why Profitable Real Estate Brokerages Still Struggle With Cash Flow
January 16, 2026
Broker Basics

Why Profitable Real Estate Brokerages Still Struggle With Cash Flow

Many real estate brokerages are profitable on paper but still feel tight on cash. This article explains why and how better financial visibility helps stabilize cash flow.

How to Track Pipeline Revenue Accurately in Your Insurance Agency
January 9, 2026
Broker Basics

How to Track Pipeline Revenue Accurately in Your Insurance Agency

Discover how insurance agencies can accurately track pipeline revenue, avoid inflated forecasts, identify key opportunities & make smarter financial decisions.

S Corporation vs. LLC: Which is Better for Brokers?
December 25, 2025
Broker Basics

S Corporation vs. LLC: Which is Better for Brokers?

Compare S Corporation and LLC structures for brokers and learn which option offers the right mix of tax savings and flexibility for your growing brokerage.

How to Track Commission Income in QuickBooks as a Broker
December 17, 2025
Broker Basics

How to Track Commission Income in QuickBooks as a Broker

Struggling to track commissions in QuickBooks? This guide shows brokers how to record gross income, agent payouts, and commission splits with clean reporting.

How to Track Agent Commissions in QuickBooks for Real Estate Firms
December 10, 2025
Broker Basics

How to Track Agent Commissions in QuickBooks for Real Estate Firms

Struggling to track agent commissions in QuickBooks? This guide helps you record closings, calculate splits, and keep your brokerage finances organized.

End of Year Financial Checklist for Brokers
December 3, 2025
Broker Basics

End of Year Financial Checklist for Brokers

A practical year-end financial checklist for brokers in real estate, mortgage, or insurance to clean up books and boost profitability for the new year.

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Insurance Agency 1099 Reporting: How To File For Sub-Agents And Contractors

Insurance agency owners who pay sub-agents or contractors need to file 1099-NEC forms by January 31. This guide walks through the rules, the deadlines, and the bookkeeping setup that keeps your agency out of IRS trouble.

1099-NEC for Real Estate Brokerages: How to Pay Agents Without Triggering Misclassification

1099-NEC rules for real estate brokerages in 2026: the new reporting threshold, Section 3508 agent classification, W-9s, and what belongs in Box 1a.

Mid-Year Tax Planning For Mortgage Brokers: 4 Moves To Make Before Q4

The best mortgage broker tax moves happen in July and August, not April. Here are 4 strategies for mid-year tax planning for mortgage brokers to reduce your tax bill before Q4 locks it in.