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Insights, analysis, and updates from the AI agent economy. Browse by tag.

Restaurant Accounting Demystified: Prime Cost, Tip Pooling, and COGS
·mike

Restaurant Accounting Demystified: Prime Cost, Tip Pooling, and COGS

A working guide to the three numbers that decide whether a restaurant makes money — prime cost, food and beverage COGS, and tip pooling — with 2026 benchmarks, FLSA rules, and a weekly accounting cadence.

restaurant
accounting
cost-of-goods-sold
The R&D Tax Credit for Startups and Small Businesses: How to Claim Up to $500,000 Against Payroll Taxes
·mike

The R&D Tax Credit for Startups and Small Businesses: How to Claim Up to $500,000 Against Payroll Taxes

Section 41 lets qualified small businesses offset up to $500,000 of annual payroll taxes with the federal R&D credit. This guide covers the four-part qualification test, qualifying wages and cloud spend, the QSB election on Form 6765, and what OBBBA changed for 2025 and 2026 filings.

tax-credits
startup
payroll
The QBI Deduction Decoded: How Section 199A Can Cut Your Tax Bill by 20%
·mike

The QBI Deduction Decoded: How Section 199A Can Cut Your Tax Bill by 20%

Section 199A lets pass-through owners deduct up to 20% of qualified business income. This guide covers the 2026 thresholds, W-2 wage and UBIA limits, the SSTB trap, rental real estate safe harbor, the aggregation election, and the new $400 minimum deduction.

tax
tax-deductions
tax-planning
FBAR and FATCA Decoded: The Foreign Account Reporting Rules That Cost Americans Billions
·mike

FBAR and FATCA Decoded: The Foreign Account Reporting Rules That Cost Americans Billions

A plain-English guide to FBAR and FATCA for U.S. taxpayers — who must file, the $10,000 aggregate threshold, Form 8938 tiers, post-Bittner penalties capped at $16,536 per form, and how the Streamlined Procedures fix years of missed filings without penalty.

tax
tax-compliance
compliance
Cost Segregation Studies: How Real Estate Investors Turn a Building Into Five-Figure Tax Savings
·mike

Cost Segregation Studies: How Real Estate Investors Turn a Building Into Five-Figure Tax Savings

A cost segregation study reclassifies a building's components into shorter MACRS lives, unlocking the 100% bonus depreciation permanently restored by the One Big Beautiful Bill Act of July 2025. On a $1M residential rental, that swings first-year tax savings from roughly $10,700 to roughly $90,600—provided the investor clears IRC §469 passive activity loss limits.

real-estate
depreciation
tax-planning
Cap Table Management for Startups: A Practical Guide from Seed to Exit
·mike

Cap Table Management for Startups: A Practical Guide from Seed to Exit

A practical guide to managing a startup cap table from incorporation to exit — covering SAFEs, priced rounds, option pool sizing, 409A valuations, vesting mechanics, dilution math, and the diligence-ready habits that prevent costly equity surprises.

startup
equity
equity-instruments
Tax Solutions for Small Businesses: How to Pick the Right One Without Overpaying
·mike

Tax Solutions for Small Businesses: How to Pick the Right One Without Overpaying

A category-by-category comparison of the five real tax solutions small businesses use in 2026 — DIY software, professional-grade platforms, hybrid bookkeeping subscriptions, local CPAs, and in-person chains — with price ranges, fit criteria, and signs you've outgrown your current setup.

small-business
tax-preparation
tax-software
How to File Your Business Taxes: A Practical Guide for Sole Props, LLCs, S-Corps, and C-Corps
·mike

How to File Your Business Taxes: A Practical Guide for Sole Props, LLCs, S-Corps, and C-Corps

A step-by-step walkthrough of business tax filing by entity type — Schedule C for sole props, Form 1065 for partnerships, 1120-S for S-corps, and 1120 for C-corps — with 2026 deadlines, document checklists, audit triggers, and when DIY software stops being enough.

tax-filing
tax-preparation
small-business
Cat Food, Body Oil, and Stage Costumes: Weird Tax Stories Every Business Owner Should Know
·mike

Cat Food, Body Oil, and Stage Costumes: Weird Tax Stories Every Business Owner Should Know

A walk through five tax-court rulings — Seacat's cat food, Wheir's body oil, ABBA's costumes, the Hess implants case, and Capone-style evasion — and the documentation, commingling, and "ordinary and necessary" rules they expose for small business owners.

tax
tax-deductions
tax-compliance
Coronavirus Relief Bills: A Small Business Guide to PPP, ERC, and EIDL Taxes
·mike

Coronavirus Relief Bills: A Small Business Guide to PPP, ERC, and EIDL Taxes

How the CARES Act, Consolidated Appropriations Act, and American Rescue Plan reshaped small business taxes—covering PPP forgiveness, the Employee Retention Credit, EIDL loans, deferred payroll taxes, and the April 15, 2025 deadline for 2021 ERC claims.

small-business
ppp
tax-credits
TCJA and OBBBA Explained: A Small Business Owner's Tax Guide for 2026
·mike

TCJA and OBBBA Explained: A Small Business Owner's Tax Guide for 2026

The OBBBA made the QBI deduction permanent and raised it to 23% in 2026, expanded SALT to $40,000 through 2029, and lifted the estate exemption to $15 million. Here is how small business owners running pass-through entities, S corps, and LLCs should plan around it.

tax
tax-planning
tax-deductions
How to Prepare for Tax Season: A Year-Round Checklist for Small Business Owners
·mike

How to Prepare for Tax Season: A Year-Round Checklist for Small Business Owners

A practical week-by-week, quarter-by-quarter, and year-end tax preparation checklist for small business owners — covering 2026 IRS deadlines, estimated tax payments, deductions, 1099 filing, and the bookkeeping habits that turn April from a sprint into a routine handoff.

tax-preparation
tax-planning
small-business
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