Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Leaving the cloud for a colo rack turns opex into capex — servers are 5-year MACRS property, but Section 179 or 100% bonus can expense them in year one.
Section 44 gives eligible small businesses a 50% credit up to $5,000 on Form 8826 for ADA access spending — plus a $15,000 Section 190 deduction.
Reconcile the multisig monthly, count runway in stablecoins only, and book grants payable at approval — three habits that keep a U.S. DAO treasury auditable.
Weddings and farmers-market bunches need separate markups: market bouquets hold ~55% margin on stem cost, while wedding quotes must carry 15-25 design hours.
A credit memo reduces what a customer owes and a debit memo increases it — both correct an invoice without deleting it, so the audit trail survives.
AHA eCards run $11.50–$22.50 per student, so a $75 US first-aid seat nets under $49. Price CPR classes off the per-student stack and book cards as COGS.
Most over-assessed owners who show up with evidence win a reduction: bring 3–5 comparable sales, your rent roll, and file before the Texas May 15 deadline.
An 80% coinsurance clause pays $36,750 on a $50,000 loss when you carry $600,000 on a $1,000,000 building. Here is the math, and four ways to avoid it.
California's 10-cent paper bag charge is excluded from taxable sales, while Washington's 12-cent plastic bag charge is taxable — book each in its own account.
California Prop 65 reaches any seller shipping into the state with 10+ employees — warn before checkout, name the chemical, and relabel short forms by 2028.
Client reimbursements are gross income on Schedule C, and most states tax them even at zero markup — bill and book pass-throughs correctly.
Because you authorized the wire, US banks rarely refund APP fraud — $8.3B lost in 2024. Out-of-band vendor verification and dual approval stop it.
