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State Data Breach Notification Laws: A Small Business Compliance Guide
·mike

State Data Breach Notification Laws: A Small Business Compliance Guide

Every US state has its own data breach notification law, with individual-notice deadlines ranging from 30 days (California, Colorado, Florida, New York, Washington) to 60 days (Connecticut, Texas), and small businesses must comply with the law of every state where an affected person lives, not just their home state.

security
compliance
small-business
SBIR/STTR Grant Accounting: Indirect Cost Caps and Avoiding a Clawback
·mike

SBIR/STTR Grant Accounting: Indirect Cost Caps and Avoiding a Clawback

SBIR and STTR awards are cost-reimbursable federal funding governed by FAR 31.205 and 2 CFR 200 — DOE now caps indirect costs at 15% of total award value, NIH has tightened its F&A allowance, and undocumented labor costs are the most common clawback trigger.

grants
tax-compliance
compliance
The Sales Tax Vendor Discount: A Small-Business Guide to Getting Paid for Filing on Time
·mike

The Sales Tax Vendor Discount: A Small-Business Guide to Getting Paid for Filing on Time

About 30 U.S. states let businesses keep a percentage of the sales tax they collect — a vendor discount or collection allowance — for filing and paying on time, with Colorado eliminating its discount and South Dakota suspending its own heading into 2026.

sales-tax
tax-compliance
tax-deadlines
Royalty Accounting for Licensors: The ASC 606 Sales- and Usage-Based Exception
·mike

Royalty Accounting for Licensors: The ASC 606 Sales- and Usage-Based Exception

Under ASC 606's sales- and usage-based royalty exception, licensors can't recognize royalty revenue until the licensee's underlying sale or usage actually occurs, regardless of invoice or payment date.

revenue-recognition
accrual-accounting
licenses
Retail Return Fraud and Wardrobing: How to Catch It in Your Books
·mike

Retail Return Fraud and Wardrobing: How to Catch It in Your Books

Wardrobing and other return fraud account for roughly 10–15% of retail returns and cost U.S. retailers over $100 billion a year; reason-code tracking, customer-level return reports, and a monthly returns reserve are the bookkeeping controls that catch it before it erodes margin.

fraud-detection
fraud-prevention
refund-management
Section 174A Explained: How OBBBA Restores Immediate R&D Expensing for Software Companies
·mike

Section 174A Explained: How OBBBA Restores Immediate R&D Expensing for Software Companies

The One Big Beautiful Bill Act's Section 174A permanently restores immediate tax deduction of domestic software development and R&E costs for tax years beginning after December 31, 2024, reversing the five-year amortization rule that had strained small tech companies' cash flow since 2022.

tax
tax-planning
tax-deductions
Purchase Order Financing: How to Fund an Order Bigger Than Your Cash Flow
·mike

Purchase Order Financing: How to Fund an Order Bigger Than Your Cash Flow

Purchase order financing pays your supplier directly to fulfill a large customer order, typically costing 1-6% of supplier costs per 30-day period (roughly 20-60% effective APR), and is best suited for resellers with 20%+ gross margins and orders above $100,000.

financing
funding
funding-gap
Protecting Margins When Costs Rise: A Repricing Playbook
·mike

Protecting Margins When Costs Rise: A Repricing Playbook

A repricing formula (New Price = New Cost ÷ (1 − target margin)) and cost-control tactics that protect small-business profit margins during 2026 tariff and inflation-driven cost increases.

pricing
profit-margins
profitability
Property Management Trust Accounting: The Three-Way Reconciliation That Keeps You Out of Regulatory Trouble
·mike

Property Management Trust Accounting: The Three-Way Reconciliation That Keeps You Out of Regulatory Trouble

Property management trust accounts require a monthly three-way reconciliation matching the bank balance, general ledger, and tenant sub-ledgers to the penny, and even a one-dollar variance is treated as a noncompliant account by state real estate regulators.

property-management
real-estate
trust
Permanent Jewelry Studio Bookkeeping: Chain Costing, Deposits, and Compliance
·mike

Permanent Jewelry Studio Bookkeeping: Chain Costing, Deposits, and Compliance

A $65 welded bracelet costs $2-4 in gold-filled chain, but real cost of goods sold includes scrap, consumables, and gold spot-price volatility — here's how permanent jewelry studios should track chain costs, deposits, gift card liabilities, and OSHA/body-art licensing as recurring compliance expenses.

bookkeeping
small-business
creative-industries
Percentage-of-Completion Accounting for Contractors: Building an ASC 606 WIP Schedule
·mike

Percentage-of-Completion Accounting for Contractors: Building an ASC 606 WIP Schedule

Percentage-of-completion accounting recognizes contractor revenue in proportion to costs incurred using the cost-to-cost method, and a monthly WIP schedule tracks the resulting overbilling and underbilling under ASC 606.

construction
job-costing
revenue-recognition
GitHub Sponsors, Patreon, and Open Collective: A Tax Guide for Open Source Maintainers
·mike

GitHub Sponsors, Patreon, and Open Collective: A Tax Guide for Open Source Maintainers

GitHub Sponsors issues a 1099-NEC above $600, Patreon's 1099-K only triggers past the OBBBA-restored $20,000/200-transaction threshold, and Open Collective's fiscal host absorbs the paperwork entirely — a platform-by-platform breakdown of sponsorship tax reporting and the hobby-vs-business test that determines self-employment tax.

open-source
tax
self-employment-tax
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