Mike Thrift
Marketing Manager
Treasury's Form 990 Transparency Overhaul: What the 2026 Government Grants and Fiscal Sponsorship Reporting Rewrite Means for Nonprofits
Treasury rewrote Form 990 reporting for government grants and fiscal sponsorship in 2026. Learn what the new Schedule I and Schedule R lines require, how to disclose donor-restricted government funds, and the bookkeeping that keeps a 990 from triggering an audit.
UK Companies House 2026 Filing Overhaul: Software-Only iXBRL Accounts and Mandatory Director ID Verification Explained
Companies House ECCTA reforms require verified director and PSC identities since November 2025, ACSP-gated filing from late 2026, and software-only iXBRL accounts with no abridged option — learn timelines, corporate-director limits, and the bookkeeping changes small companies must make now.
Vietnam's 2026 Household Business Tax Reform: How Decree 68's Self-Declared Filing and Revenue-Tiered E-Invoice Mandate Change Bookkeeping for 5 Million Business Households
Vietnam replaced presumptive tax for 5 million business households with self-declared filing and tiered e-invoices in 2026. Learn Decree 68's thresholds, monthly vs. quarterly filing, and the ledger that keeps a household business compliant.
Business Entity Comparison in 2026: Sole Prop vs. LLC vs. S-Corp vs. C-Corp — Liability, Tax, and the Conversion Costs You Pay Later
Sole prop is the default, LLC is the wrapper, S-corp saves SE tax above ~$80K but needs payroll, C-corp is the venture clock — and converting the wrong way can be a taxable liquidation.
Business Valuation Methods Explained: What Your Company Is Really Worth Before You Sell, Raise, or Step Back
Learn how appraisers value small businesses using market comparables, discounted cash flow, and asset-based methods — plus how to normalize earnings and avoid the five mistakes that quietly destroy sale price.
Accounts Receivable Aging and Collections Strategy: Recover Cash Before It Becomes Uncollectible
Master accounts receivable aging, Days Sales Outstanding calculations, and collections workflows to recover the 10-15% of cash flow most small businesses lose through payment delays.
Overtime Rule in 2026: The $58,656 Salary Threshold Stay, Duties Test, and the Compliance Checklist for Reclassifying Exempt Employees
The $58,656 threshold was vacated — $35,568 is the enforceable level — but salary is only a third of exemption; duties decide the rest, and reclassification lives or dies on time records and the regular rate.
Bonus Depreciation in 2026: 40% Under Current Law vs. 100% If OBBBA Retroactivity Passes — How to Model the Swing on an $80K Equipment Buy
2026 bonus is 40% under current law — $32K on an $80K machine, not $80K — unless OBBBA restores 100% retroactively; here's how to model the swing vs. Section 179 and keep the ledger straight.
Choosing a Tax Pro in 2026: CPA vs. EA vs. Attorney, Circular 230 Due Diligence, and the Engagement-Letter Red Flags
Credential decides representation — CPA, EA, and attorney are unlimited before the IRS, AFSP is limited — verify PTIN and board standing and insist on a scoped engagement letter.
Mexico's RESICO Regime: Simplified Taxes, Mandatory Monthly Compliance
Mexico's RESICO simplified tax regime offers 1–2.5% flat rates and no annual reconciliation, but requires strict monthly digital invoicing and a MXN 3.5 million income cap.
SECURE 2.0 Super Catch-Up in 2026: How Ages 60–63 Can Save $11,250 Extra and the Auto-Enrollment Mandate for New 401(k)s
Ages 60–63 get $11,250 of catch-up for four years instead of $7,500 — and every 401(k)/403(b) established after 12/29/2022 must auto-enroll 3–10% and auto-escalate to at least 10% starting 2025.
Translation Agency Bookkeeping: Managing 1099 Freelancers, Mixed Billing Models, and International Payments
Learn how translation agencies track 1099 freelancer payments, reconcile per-word and per-hour billing, handle multi-currency client payments, and calculate project margins accurately.