The IRS Is Holding Your Refund — But Only for 3 Years
Unclaimed tax refunds become Treasury property 3 years after the return's due date — 2023 money expires April 15, 2027. File now.
Mike Thrift
Marketing Manager
New Mexico Just Said No to 100% Bonus Depreciation: What SB 151 Means for Your 2027 State Taxes
New Mexico SB 151 makes C corporations add back federal 100% bonus depreciation from 2027; pass-through owners keep it. Place assets in service in 2026.
Office Micro-Market Bookkeeping: Shrinkage, Inventory, and Commission Splits
Budget 2–4% shrinkage, split fresh from dry COGS, book the building's 10–15% commission as rent, and tax prepared food apart to see if a micro-market pays.
Paying Nonresident Aliens: The Withholding and Reporting Rules That Apply When You Hire Across Borders
Paying a foreign contractor for U.S.-performed work means 30% IRS withholding unless a treaty applies; fully remote work needs only a W-8BEN on file.
Paid VAT on a European Business Trip? How US Companies Can Reclaim It Under the 13th Directive
US companies can reclaim EU VAT on hotels, conferences, and trade shows under the 13th Directive — if reciprocity holds and you beat the June 30 deadline.
Safety Stock, Reorder Points, and EOQ: Three Formulas That Stop Stockouts Without Tying Up Your Cash
EOQ sets how much to order, safety stock absorbs demand spikes, and the reorder point sets when to buy — worked examples that cut stockouts without idle cash.
Sand and Gravel Quarry Bookkeeping: Depletion, Royalties, and the Reclamation Bond That Outlives Your Mine
Sand and gravel pits get 5% percentage depletion under IRS rules — compute cost and percentage methods yearly, claim the larger, and mind the 50%-of-income cap.
Took the Company Plane on Vacation? How SIFL Values Personal Flights on Business Aircraft
IRS SIFL rules value personal flights on company jets at cents per mile, not charter cost — H2 2026 rates, control-employee multiples, W-2 reporting.
Snow Tubing Hill Bookkeeping: Session Pricing, Lift Costs, and Surviving a 10-Week Season
A tubing hill earns its year in about 70 days. Track revenue per session-slot, hold a weather reserve, and book deposits and gift cards as liabilities.
Taqueria Bookkeeping: Yield Math, Shrinkage Controls, and Pricing That Keep a Street Taco Profitable
A $2.50 taco lives on pennies: cost it at cooked-protein yield, log salsa-bar waste, and price delivery apps 30% higher to keep a taqueria profitable.
Your Stock Went to Zero: How the Worthless-Securities Deduction Works
Stock that became totally worthless is deemed sold Dec. 31 under IRS Section 165(g) — report $0 proceeds on Form 8949 and amend up to 7 years back.
The 412(e)(3) Plan: The Fully Insured Pension That Lets Small Business Owners Deduct Six Figures a Year
A 412(e)(3) plan funds pensions through insurance contracts, letting owners in their 50s deduct $100,000+ a year — with IRS-mandated fixed premiums.