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Mike Thrift

Marketing Manager

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Anyone Can File a Fake UCC Lien Against Your Business. Rhode Island's SB 3212 Just Changed the Rules.

Rhode Island's SB 3212, signed in June 2026, lets business owners remove fraudulent UCC filings through an administrative complaint, authorizes the Department of State to refuse suspicious filings, and requires misleading "annual report" solicitation letters to disclose that they are advertisements. The same defenses — quarterly UCC searches, entity-record checks, and fee verification — work in every state.

mike

fraud-preventionbusinesslegal

How Small Businesses Are Actually Priced in 2026: SDE Multiples, Explained Before You List or Buy

Main street businesses are priced as Seller's Discretionary Earnings times a multiple — an all-sector average of 2.57x, ranging from 1.39x for dollar stores to 4.99x for car washes. Here is how SDE is calculated, which add-backs survive buyer diligence, why the multiple ladder moves, and how 2026 SBA lending rules reshape deal structure.

mike

business-valuationbuying-a-businessbusiness-exit

The 1099 From Amazon Is Not Your Income: A Self-Publisher's Guide to Reconciling KDP, IngramSpark, and Audiobook Royalties

Amazon KDP's 1099-MISC (issued at just $10 in royalties) reports payments on Amazon's calendar — not your income. KDP dashboard earnings, bank deposits, and the 1099 never match because of 60-day payout lags, returns, and Kindle Unlimited fund allocations, and IngramSpark sends no tax form at all. A monthly per-platform, per-title close reconciles all three and documents the differences as timing items before Schedule C.

mike

bookkeepingtaxreconciliation

Small Business Bankruptcies Hit a Decade High: Why Subchapter V Filings Jumped 67% and What the $7.5 Million Debt Limit Fight Means for You

Business bankruptcies hit 24,737 filings in the year through December 2025 and Subchapter V cases jumped about 67% year-over-year in January 2026. This guide explains why filings are rising, how Subchapter V differs from traditional Chapter 11, what the $7.5 million versus $3 million debt limit fight means for eligibility, and the five-number dashboard that surfaces trouble months before a filing.

mike

small-businessbankingfinancial-management

Translation and Interpreter Agency Bookkeeping: Per-Word and Per-Session Job Costing, Freelance Linguist 1099s, and the Utilization Rate That Separates 5% From 20% Margins

How translation and interpreting agencies should cost jobs by billable versus payable words and door-to-door session time, pay freelance linguists and file 1099-NECs, track utilization and overhead, and reconcile multi-currency and retainer cash flow to hold 30-50% gross margins and 15-25% net.

mike

translation-agenciesbookkeepingjob-costing
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