SITCA: The IRS's Voluntary Tip Compliance Program for Service Employers
SITCA trades POS-verified tip reporting and an annual report for protection from employer FICA liability on unreported tips under Section 3121(q).
Mike Thrift
Marketing Manager
Sober Bar and Zero-Proof Bottle Shop Bookkeeping: Pour-Cost Math Without Alcohol, Admission Models, and Dry-Month Seasonality
Zero-proof spirits cost as much as full-proof at wholesale with no well tier — price by value, cost every build, and bank January's surplus.
Square Just Turned On Bitcoin Payments for Your Business: What Changes at Checkout, at Tax Time, and in Your Books
Square auto-enabled bitcoin for ~4M US sellers with instant dollar settlement, so the IRS property rule barely touches your books.
Renting Out Your Pool by the Hour? The Taxes, Insurance Gap, and Local Laws to Sort Out First
Pool rental income is taxable even without a 1099-K, and your US homeowners policy likely excludes paying guests — check IRS rules, coverage, and permits first.
Getting Paid by E-Wallet in Tajikistan? The 3% Transaction Tax Is Now Live
Tajikistan now debits 3% from e-wallet, QR and mobile payments — over 10 payments a day from different senders can register you as an entrepreneur.
Pricing Wedding Calligraphy Without Losing Money: What to Charge Per Envelope, Per Hour, and Per Rush Job
Most wedding calligraphers charge $2.50–$6 per envelope, but the rate that pays is your own — hourly math, spoilage, rush tiers, and 15.3% self-employment tax.
Wyoming's $75,000 Business Property Tax Exemption: What SF48 Saves You in 2026
Wyoming exempts the first $75,000 of business personal property per county in 2026 — most small firms now owe zero, but you must still file by March 1.
Your Income Isn't Level: The Annualized Income Method on Form 2210
Form 2210 Schedule AI matches each IRS estimated-tax installment to income earned by March 31, May 31, Aug 31 and Nov 30 — it can only shrink your penalty.
Backflow Testing Business Bookkeeping: Certification Costs, Annual Test Contracts, and Gauge Calibration
Backflow testers bill $70-$300 per assembly on a mandated annual retest cycle - track calibration, registrations and prepaid plans as their own ledger lines.
Brewing Kombucha for Sale? The 0.5% ABV Line That Turns Tea Into a Regulated Alcohol Beverage
Kombucha hitting 0.5% ABV at any point — even in the bottle — becomes a TTB-regulated alcohol beverage: Brewer's Notice, formula approval, federal excise tax.
California's CAMERA Act: What Talent Agents, Managers, and Coaches Who Work With Minors Must Do Now
California talent agents, managers, and coaches became mandated reporters January 1, 2026; a missed report is a misdemeanor. Here's the compliance checklist.
Capital Turnover Ratio Explained: How Many Sales Dollars Each Dollar of Capital Produces
Capital turnover is net sales divided by average capital employed — a 3.0 ratio means each dollar of capital produced three dollars of sales that year.