Mike Thrift
Marketing Manager
The B2B Late Payment Crisis: A 2026 Collections Playbook for Small Businesses
In 2026, 92% of businesses are typically paid after their invoice due date and 59% of small businesses have an invoice overdue by 30+ days, up from 47% a year earlier — this guide breaks down the numbers and a five-step collections playbook to protect cash flow.
Bhutan's New 5% GST: What Small Businesses and Foreign Sellers Need to Know
On January 1, 2026, Bhutan replaced its nine-rate sales tax (0%–100%) with a flat 5% GST. Registration is mandatory above Nu 5 million (~$58,000) annual turnover — and the rules explicitly cover non-resident SaaS and digital sellers, with a 30-day registration window and a reverse-charge carve-out for verified B2B sales.
Branch v. Commissioner: Where the Cohan Rule Stops Working for Travel Deductions
In Branch v. Commissioner (2026), the Tax Court estimated rent and utilities deductions under the Cohan rule for an unfiled personal care business — but denied all travel and entertainment deductions under IRC Section 274(d), which demands strict records of date, amount, place, and business purpose that courts cannot estimate around.
Business Owner's Policy (BOP): What the Bundle Covers, What It Costs, and What It Leaves Out
A Business Owner's Policy bundles general liability, commercial property, and business income coverage at 10–15% less than buying them separately — median premiums run $57–$83/month. Here's who a BOP fits, the exclusions that catch owners off guard, and why clean books determine how much a business income claim actually pays.
California's 2026 Privacy Rules Now Cover Employee Payroll, Biometric, and Health Data
California's CPRA now covers employee, applicant, and contractor data, and regulations effective January 1, 2026 require risk assessments before high-risk HR uses like biometric time clocks and AI resume screening, with automated-decision-making notice and opt-out rules phasing in by 2027.
California's SB 440 Prompt Payment Law: 30-Day Deadlines and 24% Interest on Unpaid Change Orders
California's SB 440, effective January 1, 2026, gives private-project owners 30 days to respond to a change order claim and 60 days to pay the undisputed portion — or owe 2% monthly interest (24% a year). Here's how the law works, how it compares to other states, and how contractors should track the deadlines in their books.
Cannabis Schedule III Rescheduling: What 280E Tax Relief Actually Means for Your Dispensary
On April 22, 2026 the DOJ moved certain state-licensed medical marijuana products from Schedule I to Schedule III, ending Section 280E's ban on ordinary business deductions for qualifying operators — while recreational-only dispensaries remain fully subject to 280E's COGS-only tax treatment.
Cap Table Mistakes Before Series A: The Option Pool Shuffle, Vesting Traps, and Stacked SAFEs
Before a Series A term sheet arrives, founders should check three specific cap table failure points — a pre-money option pool shuffle that dilutes only founders, missing or over-vested founder equity, and stacked SAFEs with unmodeled conversion terms — each of which can delay or derail a raise.
Chaos Engineering Consultancy Bookkeeping: Separating Game-Day Revenue From Tooling Resale Margin
How chaos engineering consultancies should split resilience-audit, game-day facilitation, automation build-out, and tooling-resale revenue into separate ledger accounts — including ASC 606 agent-vs-principal treatment for license pass-throughs, deferred revenue on fixed-fee audits, and per-engagement-type margin tracking.
Clinco v. Commissioner: A Tax Court Judge Flags AI-Hallucinated Case Law — What It Means for Business Owners Using AI
In Clinco v. Commissioner (T.C. Memo. 2026-16), Judge Mark Holmes flagged three nonexistent case citations that "suggest something cooked up by AI" — the first such warning from the U.S. Tax Court. With 1,598 documented AI-hallucination court cases by June 2026 and sanctions topping $145,000 in Q1 2026 alone, here is what business owners using AI for tax and financial paperwork need to verify.
Does Business Interruption Insurance Cover Cloud Outages? A Small-Business Guide to CBI Coverage
Standard business interruption insurance requires physical damage to your property, so a cloud outage like the October 2025 AWS or Azure incidents typically pays nothing. This guide explains how contingent business interruption (CBI) coverage works, the trigger language and 24–72-hour waiting periods to check, typical costs ($40–$130/month standalone), and the financial records you need to substantiate a claim.
CMS Prior Authorization Final Rule: What the 7-Day and 72-Hour Deadlines Mean for Medical and Dental Practices
As of January 1, 2026, CMS-0057-F requires Medicare Advantage, Medicaid, CHIP, and ACA marketplace payers to decide prior authorization requests within 72 hours (expedited) or 7 calendar days (standard) and to give specific denial reasons — with FHIR-based prior auth APIs mandated by January 1, 2027. Here's what small medical and dental practices should do now.