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Daycare and Childcare Center Bookkeeping Under CACFP: Reimbursement Rates, Parent Co-Pays, State Vouchers, and Recordkeeping That Survives an Audit
·mike

Daycare and Childcare Center Bookkeeping Under CACFP: Reimbursement Rates, Parent Co-Pays, State Vouchers, and Recordkeeping That Survives an Audit

How daycare operators should structure their books to handle CACFP reimbursements, state subsidy vouchers, and parent co-payments — covering chart of accounts, daily meal count discipline, classroom-level labor allocation, and the recordkeeping that holds up under state audits.

bookkeeping
small-business
chart-of-accounts
Bowling Center & FEC Bookkeeping: Stored-Value Cards, Deferred Revenue, and ASC 606 Breakage
·mike

Bowling Center & FEC Bookkeeping: Stored-Value Cards, Deferred Revenue, and ASC 606 Breakage

How bowling centers and family entertainment centers should book stored-value game cards, league buy-ins, party deposits, and ASC 606 breakage — with a working chart of accounts, escheat-law pitfalls, and the operating KPIs lenders and buyers expect.

bookkeeping
accounting
small-business
Auto Repair Shop Bookkeeping: Flat-Rate Hours, Parts Matrix, Comebacks, Warranty AR, and EPA Fees
·mike

Auto Repair Shop Bookkeeping: Flat-Rate Hours, Parts Matrix, Comebacks, Warranty AR, and EPA Fees

Independent auto repair shops earn from labor, parts, sublet work, and environmental fees — each with different margins and bookkeeping rules. This guide builds a chart of accounts that separates flat-rate labor from clock hours, applies a tiered parts markup matrix targeting 55–58% gross profit, tracks comeback expense and warranty receivables aging, codes sublet work cleanly, and records EPA hazmat and shop supply fees as their own revenue and cost lines.

bookkeeping
small-business
chart-of-accounts
WACC for Small Businesses: Calculating Your Hurdle Rate with the Build-Up Method
·mike

WACC for Small Businesses: Calculating Your Hurdle Rate with the Build-Up Method

WACC blends the after-tax cost of debt and the build-up-method cost of equity into one hurdle rate. A worked example yields 15.5% for an equity-heavy small business, the minimum return a project must clear to create value.

financial-management
small-business
business-valuation
Vending Machine Route Bookkeeping: Reconciling Cash, Tracking COGS, and Knowing the True Profit of Every Location
·mike

Vending Machine Route Bookkeeping: Reconciling Cash, Tracking COGS, and Knowing the True Profit of Every Location

How to keep books for a vending route at the machine level — reconciling DEX cash counters against deposits, tracking COGS and site commissions per location, and computing the contribution margin that tells you which machines to keep, optimize, or pull.

bookkeeping
small-business
reconciliation
Undeposited Funds Explained: How the Holding Account Works and How to Clear a Stuck Balance
·mike

Undeposited Funds Explained: How the Holding Account Works and How to Clear a Stuck Balance

Undeposited funds is a temporary asset account that holds customer payments between receipt and bank deposit, letting individual receipts match a lump-sum bank line. This guide covers the three-step journal pattern, four common ways stuck balances accumulate, and three cleanup methods that preserve audit history.

bookkeeping
accounting-basics
reconciliation
Repair or Capitalize? A Plain-English Guide to the Section 263(a)-3 Tangible Property Rules for Small Businesses
·mike

Repair or Capitalize? A Plain-English Guide to the Section 263(a)-3 Tangible Property Rules for Small Businesses

How the IRS Section 263(a)-3 tangible property regulations decide what small businesses can deduct now versus capitalize over decades — with the three safe harbors ($2,500/$5,000 de minimis, the small taxpayer building rule, and routine maintenance), the BRA test, and the unit-of-property trap that drives most mistakes.

tax
tax-deductions
tax-planning
State Auto-IRA Mandates in 2026: CalSavers, Illinois Secure Choice, and OregonSaves Compliance Guide
·mike

State Auto-IRA Mandates in 2026: CalSavers, Illinois Secure Choice, and OregonSaves Compliance Guide

Twenty-two states now require small employers to offer retirement savings or face penalties up to $750 per employee. A practical guide to CalSavers, Illinois Secure Choice, OregonSaves, headcount thresholds, registration deadlines, exemption rules, and the compliance traps that trigger non-compliance notices in 2026.

compliance
payroll
small-business
Staffing Agency Accounting: Bill Rate, Burden, and the Payroll-to-Payment Gap
·mike

Staffing Agency Accounting: Bill Rate, Burden, and the Payroll-to-Payment Gap

How staffing agencies should price bill rates above fully burdened pay rates, read gross margin by placement type, and book invoice factoring without hiding the spread. Includes burden components (FICA, FUTA, SUTA, workers' comp), a placement-aware chart of accounts, and the DSO math behind payroll funding gaps.

bookkeeping
small-business
payroll
The Self-Rental Rule: Why Your Building Rents Are Nonpassive but Your Losses Stay Passive
·mike

The Self-Rental Rule: Why Your Building Rents Are Nonpassive but Your Losses Stay Passive

Reg. 1.469-2(f)(6) recharacterizes net rental income from property you rent to your own active business as nonpassive while leaving rental losses passive. This guide explains the asymmetry, walks through a dentist example with a $200,000 cost segregation deduction, and shows how the Reg. 1.469-4 grouping election can collapse the rule.

tax-planning
tax-compliance
real-estate
Section 988 Foreign Currency Transactions: A Tax Guide for Importers, Exporters, and Remote Workers
·mike

Section 988 Foreign Currency Transactions: A Tax Guide for Importers, Exporters, and Remote Workers

Section 988 of the Internal Revenue Code makes foreign-exchange gains and losses ordinary, not capital. Importers, exporters, and remote workers paid in euros or pounds get full ordinary-loss deductions with no $3,000 cap, a same-day election to convert forward-contract gains to capital, and a $200 per-transaction de minimis exception for personal travel currency.

tax
multi-currency
international-tax
Section 514 UDFI Demystified: How Nonprofits, Foundations, and Self-Directed IRAs Get Taxed on Borrowed-Money Investments
·mike

Section 514 UDFI Demystified: How Nonprofits, Foundations, and Self-Directed IRAs Get Taxed on Borrowed-Money Investments

How Section 514 of the Internal Revenue Code taxes leveraged investments held by 501(c)(3) organizations, private foundations, and self-directed IRAs — including the debt/basis percentage calculation, Form 990-T mechanics, the 12-month look-back on sale, and the Section 514(c)(9) real estate exception for schools and pension trusts.

tax
nonprofit
real-estate
Показани 1741–1752 от 3757 публикации