As a business owner, it can be challenging to know what is considered a business asset and how it impacts interior design accounting.
Interior Design
How to Use Your Interior Design Blog to Make Money
If you have an interior design business, and you have a website for your interior design business, you might be leaving money on the table by not utilizing your blog to its full potential.
Our Top 5 Interior Wall Paint Colors for 2023
Fewer people are picking the traditional white and light grey interior wall color and instead opting for unique colors to express their creativity. Here are the paint colors that we’ve seen increased popularity in.
The Top 5 Interior Design Trends for 2023
As we move into 2023, there are certain design trends that are gaining popularity and will most likely be brought up when talking with potential clients. Here are our top 5 interior design trends for 2023.
The 3 Best Reasons to Include Pricing On Your Website
When we started, we didn’t include pricing on our website because packages were tailored to clients, now we display prices for our packages, and here’s why.
A Website for Your Interior Design Business Is Important, Here’s Why
There are a lot of expenses that come up when starting a business. It’s easy to start cutting things out due to cost or to stay within budget. One thing that you should definitely budget for is a website for your interior design business. Here’s why.
Top 3 CRMs for Interior Designers
Trying to keep track of your clients, their requirements, and their invoices can get really cumbersome if you aren’t using a good CRM. Here are the ones that our clients recommend as CRMs for interior designers.
Sales Tax and Use Tax Explained
Taxes can be confusing at times, especially when you’re first starting out your business. In this article, we break down sales tax and use tax for you.
Discover The Average Interior Designer Salary in the United States 2022
Are you thinking about becoming an interior designer and want to know the average interior designer salary? Here is the average salary of interior designers in the United States.
What Does an Interior Designer Do
Contrary to popular belief, an interior designer doesn’t just arrange furniture in different rooms of a house, read on to answer your question of “What does an interior designer do?”.
Top 5 Things You Can Do Today to Be More Profitable and Save Your Business
When it comes to running a business, there are lots of ways to improve profits without having to cut costs. Here is a collection of some of our top tips for being more profitable.
How Much Should I Pay an Interior Design Assistant?
When you start getting more projects, hiring a design assistant is essential to meet project deadlines. Here’s how much you can expect to pay an interior design assistant.
Top 5 Mistakes That New Interior Designers Make
Starting a business isn’t always smooth sailing, here are the top 5 mistakes that new interior designers make, so you can avoid doing the same!
How Much Does It Cost for an Interior Designer to Outsource Bookkeeping Services?
As an interior designer, it may be a good idea to outsource bookkeeping services so you can focus on your clients. Here’s roughly how much you can expect to pay.
Should I Hire Someone as a Contractor or Employee?
When you realize you need help and need to bring more people on board, here’s how to decide whether you should hire a contractor or employee.
Will My Company Be in Trouble If a Contractor We Hired Doesn’t Pay Their Taxes?
Many businesses inevitably run into a situation where the contractor they hire doesn’t pay their taxes. Although it isn’t your job to make sure they pay proper income tax, it could cause problems for your Form 1099 filings.
How Much Does It Cost to Hire an Interior Designer
The cost to hire an interior designer ranges based on many different factors such as room size, designer experience, decor cost, etc. but here are some rough prices based on what we’ve seen.
Top 5 Benefits of Outsourcing Your Bookkeeping
When it comes to bookkeeping, a lot of business owners either pull their hair out trying to figure out all the numbers or wait until tax season to see if someone has the time to help.
Webinar: Hot Topics in Interior Design Accounting and Financial Management
Join Emilie Sheaffer, an accountant with expertise in the interior design industry, for some of the most pressing financial and accounting management issues faced by interior design professionals today.
Why Hire a Professional to File Your Interior Design Income Tax?
Are you an interior designer and looking to file your income tax, but aren’t sure if you should just do it yourself or hire a professional? Maybe we can help you decide!
Do Interior Designers Need Trade Accounts
Are you an interior designer that has heard about trade accounts but hasn’t quite decided if it’s something you want to set up? We can help you decide!
How to Become an Interior Designer and Is It Right For You?
Have you decided that you want to become an interior designer but aren’t quite sure where to start? Maybe we can help.
Top 9 Interior Design Trends For 2021
Trends constantly change, and it includes even the simplest interior design styles. Incorporating some of the current interior design ideas is the quickest method to improve your home’s décor.
Selling Outside Your State and Multi-State Sales Tax
Designers should always ask themselves, “Am I selling more than $50k worth of goods or services in a state in which I am not registered?” If you answered yes to this question, it might be time to look at nexus thresholds for that particular location and multi-state sales tax.
Melio: Making Life (and Vendor Payments) Better for Designers
Melio, “The Simplest Way to Pay Vendors & Contractors” connects seamlessly with QBO to make vendor payments seamless.
Our Accounting Workflow for Interior Designers
Here are our best practices when it comes to interior design payment and order tracking in order to stay on top of your game.
Didn’t qualify for PPP? Here’s a List of Other Loan Options for Designers
If you did better in 2020 but could really benefit from additional resources, here is a list of loans that do not require reduced income.
Better Bookkeeping for Interior Designers
Our very own Marissa Jones explains how designers can practice better bookkeeping. You can find the full webinar below, but here is a quick guide if you are short on time.
Our Favorite Software for 2021
We have compiled a list of our favorite software for 2021, so you can start the year set-up for success!
Webinar: Strategic Planning for Financial Success
Our very own Marissa McKinney and Emilie Naderzad speak with with Reisa Elden of Houzz to discuss strategic financial planning during the pandemic.
QuickBooks Online Accounting with Ivy/Houzz Pro for Interior Designers
Interior design is a unique challenge, especially when it comes to accounting, but the geniuses behind Ivy/Houzz Pro have figured it out, and the best part is that it integrates with QuickBooks® Online (QBO).
Designer Feature of The Month: Byrdesign
This month we are excited to introduce one of our beloved designers and showcase a project she recently completed on an old 20th century home. Meet Beatriz of Byrdesign!
CDTFA Publication for Interior Designers
California Department of Tax and Fee Administration (CDTFA) documentation on sales and use tax regulations for interior designers and decorators.
How Recent PPP Updates Affect Designers
For designers that received assistance through the Paycheck Protection Program (PPP), we have the latest information regarding the Paycheck Protection Program Flexibility Act (PPPFA).
SBA Disaster Relief: Quick Guide for Designers
The Small Business Administration (SBA) is offering Economic Injury Disaster Loans (EIDL) of up to $2 million and immediate relief in the form of EIDL loan advances of up to $10,000.
How Accrual Accounting Works for Interior Designers
Designers always ask us to explain accrual accounting and how it pertains to the interior design industry. Good news is that our CEO, Marissa Jones explains the difference between accrual…
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Our Pro-tips for a Smooth 1099 Filling
With the IRS’s 1099 deadline behind us, here is what you should be doing to ensure filling goes smoothly next year.
Hey California! How do you know when shipping is considered taxable?
Not certain when to tax shipping charges? Our accountants lay down the basics for shipping and when to charge to tax!
Sales & Use Tax Rates Effective: April 1, 2019
Effective April 1st, 2019, select New Sales and Use Tax Rates in CA will increase. We advise checking the cities and county where your projects are located and check if that area’s sales tax has changed.
New District Use Tax Collection Requirements for All Retailers
Requirements for certain out-of-state retailers. The new use tax collection requirement is not retroactive and applies only to sales made on and after April 1, 2019.
Ivy Updates for Our Busy Designers
Our team of accountants created a simplified list of Ivy’s updates for our busy designers. Read below for our quick list.
Ivy Payment Processing
How Ivy Payment Processing Works: Common Q&A Ivy’s Processing System saves designers time by allowing for payments to be accepted through invoicing. Read some of our designer’s most commonly questions…
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Managing Last Minute Tax Savings For 2018
Are you closing out 2018 and realizing that your taxes are still too high? It’s not too late! There is still time to make a few last-minute moves to lower that tax bill.
How Ivy’s Calendar Will Prepare You for What’s to Come This Year
Are you using Ivy’s Calendar? If you have Ivy but aren’t using their calendar feature, here are a few reasons why you should be.
Year End Wrap-Up for Taxes
As the tax year comes to an end, it is imperative to have all financial statements updated and accurate for IRS filings.
Interior Design Trends Going Away & Here to Stay in 2019
Whether you are renovating your home, buying a new one or simply redecorating a room, here is everything you need to know from the designers who set the trends.
Do I Need to File a 1099?
If you pay independent contractors, you may have to file Form 1099-MISC, Miscellaneous Income, to report payments for services performed for your trade or business.
Designers: Need Tax Planning Advice?
Look no further, Peter Lang of Designer CPA specializes in tax filing and planning for interior designers
Our Recommended Processes for Ivy
In order to run more efficiently and ensure the best working relationship between the accountant/design team, we are constantly looking for ways to update our methods and make them more efficient.