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Mike Thrift

Marketing Manager

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USDA Organic Certification Cost-Share Is Still Stuck: What Small Farms Need to Do Before the December 31, 2026 Deadline

USDA has not issued 2025 Organic Certification Cost Share reimbursements as of August 2026 despite July authorization in the One Big Beautiful Bill — the program covers 75% up to $750 per scope for application, inspection, and equivalency fees while certification costs now exceed $2,800. This guide explains the expense-vs-income tax treatment, receivable tracking by scope, and the filing checklist to meet the December 31, 2026 deadline while FSA prioritizes $13 million in Bridge Assistance payments amid shutdown and staffing cuts.

mike

small-businessbookkeepingagriculture

Drone Photography and Videography Business Bookkeeping: Part 107 Costs, Insurance, and Fleet Depreciation Made Simple

FAA Part 107 certification costs $175 for the knowledge test plus $5 per drone for registration, drone liability insurance runs $500 to $1,500 per year for $1 million coverage while hull runs 8 to 12 percent of aircraft value, and 2026 restores 100 percent bonus depreciation with a $2.56 million Section 179 limit — this guide shows how to expense certification, book prepaid insurance, depreciate a short-lived fleet, price per deliverable, and handle sales tax before your next flight.

mike

small-businessbookkeepingassets

E-Bike Rental Fleet Bookkeeping: How to Depreciate a Fast-Aging Asset, Capitalize Battery Packs, and Budget the $400–$900 Replacement Cycle

A 10-bike e-bike rental fleet costs $15,000–$30,000 to launch, but each swappable battery lasts only 500–1,000 cycles and costs $400–$900 to replace — often within a year at rental utilization. This guide shows how to capitalize bikes and packs separately, depreciate under 2026 Section 179 and restored 100% bonus depreciation, reconcile net app payouts to gross revenue, and track utilization and revenue per bike per day before the next battery wave hits.

mike

small-businessbookkeepingassets

PayPal and Venmo Are Finally Talking: What the End of Visa+ Means for Freelancers Before February 2026

Starting February 19, 2026, Visa+ stops working for PayPal and Venmo transfers and is replaced by direct phone-number payments rolling out November 2025. With the 1099-K threshold falling to $600 in 2026, freelancers must tag inter-app transfers correctly, reconcile gross versus net per platform, and separate business from personal flows to avoid double-counting income.

mike

small-businessbookkeepingfreelance

Short-Term Rental Co-Host Bookkeeping: How to Reconcile Double-Reported 1099-Ks Without Overstating Income

Airbnb reports the full gross booking on the owner's 1099-K and your co-host share again on yours — so $80,000 in real bookings can appear as $96,000 to the IRS. This guide explains the 2026 OBBBA changes ($20,000 and 200 transactions for 1099-K, $2,000 for 1099-NEC), which form you should receive, and the chart-of-accounts method to reconcile gross vs. net without overreporting income.

mike

airbnbreal-estatebookkeeping

The $2,000 1099-NEC Threshold for 2026: W-9s, Backup Withholding, and the Vendor Playbook That Keeps You Penalty-Free

For payments made on or after January 1, 2026, the federal 1099-NEC/1099-MISC reporting threshold rose from $600 to $2,000 under P.L. 119-21 — but royalties ($10), attorney gross proceeds ($600), and backup withholding on any withheld amount are unchanged. Here is the vendor-onboarding and W-9 workflow that prevents penalties either way.

mike

tax-compliancesmall-businessvendor-management

Apple's Strongest June Quarter Ever: $109.4B Revenue, $2.02 EPS, and Services and Mac Hit New June Records

Apple's fiscal Q3 2026 (June quarter) delivered $109.4B revenue (+16% YoY), $2.02 diluted EPS (+29%), and a 50.1% gross margin — roughly 2 points of it a one-time tariff refund worth $0.11 of EPS. iPhone, Mac and Services each set June quarter records, every geography grew double digits, and the full FY2021–FY2026Q3 income statements and balance sheets sit in a public Beancount ledger.

mike

financial-reportingfinancial-analysisfinancial-statements
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