Mike Thrift

Marketing Manager

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21 юли 2026 г.

Indoor Skate Park Bookkeeping: Why Three Revenue Streams Can Sink a Profitable Facility

An indoor skate park is three businesses in one — admissions with near-zero COGS, high-margin coaching, and pro shop retail carrying 55–70% cost of goods sold. This guide covers splitting the chart of accounts by stream, recognizing punch card and membership revenue under ASC 606, depreciating ramp systems over 5–7 years with Section 179, and building a margin-weighted break-even model against $25,000–$30,000 in monthly fixed costs.

mike

bookkeepingsmall-businessrevenue-recognition

21 юли 2026 г.

Iowa's Captive Insurance Overhaul: What H.F. 2766's $100,000 Protected Cell Minimum Means for Small Businesses

Iowa's H.F. 2766, effective July 1, 2026, cuts the minimum capital for protected cell captives to $100,000, allows LLC and series LLC cells, and waives premium tax for captives that redomesticate. Here's when a captive pencils out for a small business — and how to spot abusive micro-captive tax shelters.

mike

insurancesmall-businessrisk-management

21 юли 2026 г.

Iowa SF629: The New Expedited Business Filing Tiers, What They Cost, and When to Pay

Iowa Senate File 629, signed June 2, 2026 and effective July 1, 2026, writes four expedited business filing tiers into Iowa Code section 9.15 — one-hour ($200), same-day ($125), two-day ($50), and five-day ($15) surcharges on top of standard fees — covering formations, amendments, mergers, foreign qualifications, and dissolutions for every entity type.

mike

small-businessllcincorporation

21 юли 2026 г.

The Enrolled Agent Exam's 2026 Overhaul: PSI Replaces Prometric, and the Total Cost Rises to $317 Per Part

The IRS cut its Enrolled Agent exam fee from $99 to $66 per part in 2026, but new vendor PSI charges $251 versus Prometric's $168 — raising the total to $317 per part. The switch also brings a March–June testing blackout, a 200–800 scoring scale, and first-time remote proctoring for U.S. candidates.

mike

taxtax-preparationcpa

21 юли 2026 г.

June 2026 Inflation Report: Why a Cooler CPI Doesn't Mean Lower Supplier Costs

June 2026 CPI fell 0.4% — the largest monthly drop since April 2020 — cutting annual inflation to 3.5%, but core prices were flat and producer inflation still runs 5.5%. What the CPI/PPI gap means for small-business supplier costs, tariff pass-through, and fall contract negotiations.

mike

inflationeconomysmall-business

21 юли 2026 г.

Kansas Just Cut Business Filing Fees for the First Time Since 2008 — Here's What Changed

Kansas's 2026 fee overhaul — the first since 2008 — sets LLC, LLP, and LP formation at the same $90 online fee corporations pay, cuts PEO annual report fees from $1,000 to $250, and lowers biennial report fees, saving Kansas businesses over $3 million a year combined.

mike

small-businessllcincorporation

21 юли 2026 г.

Maine's 2% Millionaire Surtax and the New PTET Election: What Business Owners Owe in 2026

Maine's 2% surtax on taxable income above $1 million ($1.5 million joint) took effect January 1, 2026, alongside a new pass-through entity tax election at 7.15% with a 90% refundable owner credit. Here's who owes the surtax, how the PTET election interacts with it, and why the two must be modeled together.

mike

taxtax-planningtax-compliance

21 юли 2026 г.

Bookkeeping for Medical Device Reprocessors: When the FDA Calls You a Manufacturer

Third-party reprocessors of single-use medical devices are regulated as full manufacturers under the FDA's QMSR (effective February 2, 2026) — same 510(k), MDR, and UDI obligations as the OEM. That reshapes the books; a three-stage inventory split, per-device-family COGS, recurring validation expenses, and product liability reserves sized by risk class.

mike

healthcaremanufacturingcompliance

21 юли 2026 г.

New Jersey Cuts Business Formation Fees: What the July 2026 Reduction Means for LLCs and Corporations

New Jersey reduced business formation fees effective July 1, 2026 — LLC and corporation registration drops from $125 to $100, nonprofit registration from $75 to $50, with annual report, amendment, merger, and dissolution fees cut by about $25 each. Here's how the new rates compare nationally and what new founders should do next.

mike

small-businessllcincorporation

21 юли 2026 г.

New York's FAIR Business Practices Act: What the 2026 'Unfair and Abusive' Standard Means for Small Businesses

New York's FAIR Business Practices Act, effective February 17, 2026, adds "unfair" and "abusive" conduct standards to GBL Section 349, extends protection to small businesses and non-profits, and carries penalties up to $5,000 per violation — or $15,000 for willful ones. Here is what changed, who enforces it, and a seven-step compliance checklist for any business selling to New York customers.

mike

small-businesscompliancelegal

21 юли 2026 г.

New York's Financial Data Rights Act: What State-Level Open Banking Means for Small Businesses

New York's A10640/S9483 would be the first state law giving small businesses a free, enforceable right to machine-readable bank data via mandated APIs, with $10,000 civil penalties per violation — a state-level backstop while the federal Section 1033 open banking rule remains stalled in court.

mike

bankingfintechsmall-business

21 юли 2026 г.

Nuvei's $2.75 Billion Payoneer Acquisition: What It Means for Freelancers and Cross-Border Sellers

Nuvei is acquiring Payoneer for $7.40 per share in a $2.75 billion all-cash deal announced June 15, 2026, expected to close mid-2027. Here's what the merger means for freelancers and marketplace sellers who rely on Payoneer — and why fees, FX spreads, and platform integrations are worth watching over the next year.

mike

fintechpaymentsmergers-and-acquisitions

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