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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

1639 публикацииВижте всички етикети
Manufactured Housing Community Bookkeeping: Lot Rent, RUBS Compliance, and the TOH/POH Split
·mike

Manufactured Housing Community Bookkeeping: Lot Rent, RUBS Compliance, and the TOH/POH Split

Manufactured housing operators need separate TOH and POH accounts, itemized utility line items, and dedicated infrastructure capex tracking, since RUBS billing bans in Minnesota and Colorado are already reshaping how utility cost recovery must be documented in 2026.

real-estate
property-management
compliance
Marine Surveyor Bookkeeping: Certification Dues Are Overhead, Not Startup Costs
·mike

Marine Surveyor Bookkeeping: Certification Dues Are Overhead, Not Startup Costs

Marine surveyors often file NAMS or SAMS certification dues and continuing education costs as startup expenses, but the IRS treats recurring dues, CE tuition, and E&O insurance premiums as ordinary business expenses deductible in the year paid, not amortized over 180 months.

bookkeeping
tax-deductions
expense-management
Meadery Bookkeeping: TTB Formula Approval and Wine Excise Tax Explained
·mike

Meadery Bookkeeping: TTB Formula Approval and Wine Excise Tax Explained

Meaderies are classified as bonded wine premises under 27 CFR Part 24, file TTB Form 5000.24, and owe wine excise tax of $1.07 per gallon up to 16% ABV — reduced to roughly $0.07 per gallon on the first 30,000 gallons under the CBMA small producer credit.

bookkeeping
tax-compliance
compliance
Meta Killed Native Checkout: How to Fix Your Facebook and Instagram Shop Bookkeeping
·mike

Meta Killed Native Checkout: How to Fix Your Facebook and Instagram Shop Bookkeeping

Meta shut down native checkout on Facebook and Instagram Shops, shifting payment processing, sales tax collection, and order records entirely onto seller websites — here's how to reconcile revenue, fees, and tax liability under the new setup.

e-commerce
reconciliation
small-business
Getting an AI Licensing Check as an Author: How to Handle the Split and the Taxes
·mike

Getting an AI Licensing Check as an Author: How to Handle the Split and the Taxes

Authors receiving publisher AI-licensing checks — including payouts from Anthropic's roughly $1.5 billion author settlement — should verify their contract grants those rights, confirm they're getting the Authors Guild-recommended 75-85% split, and report the income on Schedule C as self-employment income, not Schedule E.

ai
tax
self-employment-tax
QuickBooks' 2026 AI Impact Report: Why Small Businesses Trust AI Everywhere Except Bookkeeping
·mike

QuickBooks' 2026 AI Impact Report: Why Small Businesses Trust AI Everywhere Except Bookkeeping

Intuit's 2026 AI Impact Report finds 77% of small businesses now use AI regularly, but bookkeeping trails marketing and customer service in adoption because owners cite privacy, accuracy, and trust as the top barriers.

quickbooks
ai
small-business
Real Estate Commission Splits and Desk Fees: A Bookkeeping Guide for Agents
·mike

Real Estate Commission Splits and Desk Fees: A Bookkeeping Guide for Agents

Real estate agents should record gross commission and brokerage splits as separate line items, not just the net deposit, because the IRS matches Schedule C income against the gross figure brokerages report on Form 1099-NEC.

real-estate
self-employment-tax
tax-deductions
RIA Bookkeeping for Fee-Only Financial Advisors: Reconciling AUM Fee Revenue With Your Custodian
·mike

RIA Bookkeeping for Fee-Only Financial Advisors: Reconciling AUM Fee Revenue With Your Custodian

Fee-only RIAs that bill AUM fees in advance must track accrued, billed, and collected revenue as three distinct events, since SEC Rule 206(4)-2 treats direct fee deduction from custodian accounts as a form of custody requiring itemized invoices and five-year recordkeeping under Rule 204-2.

financial-services
revenue-recognition
reconciliation
Scuba Dive Shop Bookkeeping: Why Certification Training, Not Gear Sales, Keeps the Doors Open
·mike

Scuba Dive Shop Bookkeeping: Why Certification Training, Not Gear Sales, Keeps the Doors Open

Dive shops that book prepaid certification fees as revenue on receipt, lump training and retail into one sales account, or depreciate rental gear like retail inventory routinely understate their true profitability — this guide covers deferred revenue for course fees, tank-testing cost tracking, and instructor pay classification specific to dive centers.

dive-shop
bookkeeping
small-business
Short-Term Rental Trust Accounting: The Booking-Fee Rules That Can Cost a Property Manager Their License
·mike

Short-Term Rental Trust Accounting: The Booking-Fee Rules That Can Cost a Property Manager Their License

Property managers who commingle short-term rental trust funds with operating cash face fines from $1,000 to $25,000 per violation and, in states like California, license suspension once commingled amounts exceed $10,000.

real-estate
property-management
trust
Short-Term Rental Registration in 2026: What Airbnb and Vrbo Hosts Must Do to Stay Compliant
·mike

Short-Term Rental Registration in 2026: What Airbnb and Vrbo Hosts Must Do to Stay Compliant

City ordinances now require Airbnb and Vrbo hosts to register short-term rentals, display license numbers, and remit occupancy tax, with per-day fines reaching $2,000 in cities like Los Angeles and $484 in San Francisco for lapsed certificates.

airbnb
property-management
compliance
Structural Engineering Firm Bookkeeping: PoC Revenue, WIP, and E&O Tail Coverage
·mike

Structural Engineering Firm Bookkeeping: PoC Revenue, WIP, and E&O Tail Coverage

Structural engineering firms should recognize revenue by design-phase completion under GAAP percentage-of-completion (schematic 15–20%, design development 25–30%, construction documents 35–40%, construction administration 10–15%), track unbilled work-in-process separately from AR, and reserve for claims-made E&O tail coverage that can run 100–300% of an annual premium.

accounting
consulting
financial-management
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