The Kill Fee Clause Every Freelancer Contract Needs
A fair kill fee is 25% before kickoff or completed work plus 25–50% of the rest mid-project — and every retained dollar is Schedule C income.
Mike Thrift
Marketing Manager
How to Write a Collections Policy That Gets Invoices Paid Faster Without Losing Customers
A written collections policy with a dated follow-up schedule gets invoices paid sooner — set terms, automate reminders, call at day 15, hold credit at day 45.
Starting Your HDHP in December? How the HSA Last-Month Rule Lets You Contribute the Full Year
Covered by an HDHP on Dec. 1? The IRS last-month rule allows a full-year HSA contribution — but fail the 13-month testing period and owe tax plus 10%.
Your Refund Is on Hold and the IRS Wants Documents: How to Answer a CP05A Notice
An IRS CP05A notice holds your refund until you send W-2s, 1099s and pay stubs — reply within 30 days, allow 45–60 days more, and escalate with Form 911.
Law Firm MSO vs. ABS: Two Ways to Take Outside Investment, and Why Illinois Just Drew a Line
An MSO lets investors own a law firm's back office; an ABS lets them own the firm. Illinois HB 5487 now curbs both for contingency-fee practices.
Your Living Trust Owns Nothing Until You Fund It
An unfunded living trust controls nothing — retitle real estate, accounts, and business interests into it, and back it with a pour-over will.
New Hampshire HB 155 Raises the BET Filing Threshold to $400,000: What Small Businesses Need to Know
New Hampshire HB 155 lifts the BET filing threshold to $400,000 from 2027, exempting ~4,000 small firms, and adds an automatic rate cut down to 0.25%.
One Lopsided Distribution Can Endanger Your S Election: The Single-Class-of-Stock Rule
An S-Corp loses its election if any share gets different distribution rights. Five IRS traps, plus the straight-debt safe harbor for shareholder loans.
Paraguay's IRE Simple Regime: How to Cap Your Business Tax at 3% in 2026
Paraguay's IRE Simple taxes sole proprietors at 3% of gross up to G. 2 billion; if your margin is under 30%, the 10% actual-profit option costs less.
Pledges Receivable Bookkeeping: How to Record Multi-Year Donor Pledges Without Failing Your Audit
Record unconditional pledges as revenue when promised, discount multi-year amounts to present value, and reserve for pledges that never arrive.
Propane and Heating Oil Delivery Bookkeeping: Run Your Business by the Gallon, Not the Percentage
Price fuel in cents per gallon, book prebuy cash as deferred revenue, and forecast from heating degree-days to survive warm winters.
Revolut Business Scale Costs $180/Month in 2026: What You Actually Get (and Why the Internet Still Says $119)
Revolut Business Scale costs $180/month ($1,680/year) in 2026, not the $119 roundups quote — plus price history and Grow-vs-Scale break-even math.