Cuba Gave Tax Collectors the Keys to Your Bank Account: What Resolution 126/2026 Means for Your Business
Cuba's Resolution 126/2026 lets ONAT debit overdue tax debts from bank accounts — but only firm, notified debts with no appeal filed.
Mike Thrift
Marketing Manager
Amazon's $2.25M FCRA Fine Wasn't About Background Checks — It Was About Records You Owe Fraud Victims in 30 Days
FCRA Section 609(e) gives fraud victims your transaction records free within 30 days — Amazon's $2.25M fine shows what refusal costs.
Ivory Coast's FNE E-Invoicing Mandate Is Now Universal: A Small Business and Freelancer Compliance Guide
Ivory Coast's FNE e-invoicing is mandatory for every VAT-registered business; invoices need DGI clearance, a QR code and a fiscal seal before you deliver them.
Additional Funds Needed (AFN), Explained: How the Percent-of-Sales Method Forecasts Your Next Growth Dollar — Required Assets, Spontaneous Liabilities, Retained Earnings, and What a Negative AFN Means
AFN equals required asset growth minus spontaneous liabilities minus retained earnings — the outside funding your sales forecast demands.
Capitalized Interest, Explained: How to Compute Avoidable Interest on Self-Constructed Assets
Avoidable interest on self-built assets is capitalized to the asset — tier rates over WAAE, capped at actual interest; tax follows Section 263A.
Controlled Disbursement Accounts, Explained: How One Morning Number Lets Treasury Invest Every Idle Dollar
A controlled disbursement account reports each morning's exact check-clearing total, so you fund only that amount and keep the rest invested.
Your Warehouse Payroll Could Cost You $1 Million: What the DOL's Calexico Back-Wage Recovery Signals for Logistics and Trucking
DOL recovered $1M+ from a California freight warehouse paying $2.03/hr with no overtime — audit your regular rate, exemptions, and timekeeping.
The Effective Interest Method, Explained: How Bond Discounts and Premiums Amortize Into Interest Expense
Interest expense equals carrying value times the market rate at issuance — the gap to the coupon amortizes the discount or premium each period.
Form 1128, Explained: How to Change Your Business's Tax Year — Automatic vs. Ruling-Request Approval, the Business-Purpose Test, Short Tax Years, and the Filing Deadline for Asking
Form 1128 asks the IRS to approve your tax-year change: automatic approval is free and fast, while a ruling request costs a fee and takes months.
The FTC's $930,000 "Active Listening" Settlement: What It Means for Small Businesses Who Bought Fake AI Ad Targeting
Three firms must pay $930,000 for selling fake AI 'Active Listening' ads; deceived buyers get redress, booked against ad expense, not revenue.
Imprest Funds, Explained: How Fixed-Balance Petty Cash Really Works — Setting the Float, Replenishment Entries, and the Controls That Keep It Honest
An imprest fund holds a fixed balance of cash plus receipts; replenish monthly, book gaps to Cash Short and Over, and keep custody and approval separate.
Negative Pledge Clauses, Explained: Why Your Bank Says You Can't Pledge Assets to Anyone Else
A negative pledge clause bars you from pledging assets to new lenders — breach it and your loan can accelerate. Carve-outs, cures, and negotiation levers.