Marketing Manager
Under U.S. GAAP, a same-lender refinance is an extinguishment when cash flows differ by 10% or more — otherwise it is a modification with a new rate.
Section 280A(g) excludes rent for 14 or fewer home-rental days — but the business deduction needs fair market rent, a business purpose, and a paper trail.
Automated matching cuts the average 6.1-day close to 3.4 days — connect bank feeds, match daily, and clear every exception before month-end.
Bank reconciliation proves your cash balance monthly: match outstanding checks, deposits in transit, fees, and NSF items before the IRS notices the gap.
IRS Notice 2026-11 locks in permanent 100% bonus depreciation for property acquired after Jan 19, 2025, with bigger Section 179 and expensable factories.
Section 1245 taxes equipment-sale gains as ordinary income up to the depreciation claimed — with 100% bonus, the whole sale can be recapture.
Divide fixed costs by contribution margin per billable hour to get your break-even — then test it against realistic 65–70% utilization before you quote.
Your books and bank statement disagree over timing, fees, and errors — adjust both sides monthly until they land on one true cash figure.
D&B Paydex grades payment speed 1–100, Experian forecasts delinquency risk, and FICO SBSS gates SBA loans at 155 — build all three from zero.
A line of credit beats a business card for balances held past 30 days — lower rates, higher limits, no grace-period trap.
Split current from non-current debt, give every loan its own account, and zero suspense balances monthly — an IRS-ready COA for lenders and auditors.
Every transaction lands in one of five account types: assets, liabilities, equity, revenue, expenses. Copy this starter template and tailor it to your business.
