Blog
Plain-text accounting insights, tutorials, and updates from the Beancount.io team. Browse by tag.
Axe Throwing Venue Bookkeeping: Lane Bookings, League Memberships, Corporate Events, and Waiver Liability
How axe throwing venues should structure five distinct revenue streams—walk-in lanes, league memberships, corporate events, bar sales, and BYOB pour fees—under ASC 606, including pass-through IATF dues, refundable damage deposits, cost-segregation reclassifications of $40K–$100K of build-out, and the revenue-per-lane-hour KPI that signals when to expand.
Auctioneer and Estate Sale Bookkeeping: Consignment Accounting, Trust Accounts, and the KPIs That Matter
Auction houses recognize revenue net—at the buyer's premium and consignor commission—under ASC 606, not at gross hammer price. A working guide to the consignor settlement liability, state trust-account rules, Form 8300 cash reporting, and the KPIs (sell-through rate, effective commission, settlement cycle time) that signal a healthy auction business.
Antique Dealer and Consignment Mall Bookkeeping: ASC 606, Bailee Inventory, and the Section 1221 Trap
Antique dealers handle per-piece tax classifications, principal-versus-agent revenue questions, and marketplace facilitator sales tax obligations that off-the-shelf retail systems mishandle. This guide explains how to book direct purchases, consignments, and multi-dealer mall sales under ASC 606, the Section 1221 capital-gain trap, and the collectibles 28 percent rate.
Acupuncture and Traditional Chinese Medicine Clinic Bookkeeping: A Practical Guide for Licensed Practitioners
A working guide for acupuncture and TCM clinics covering ASC 606 across cash-pay, commercial insurance, and Medicare; prepaid package deferred revenue and breakage; herbal pharmacy COGS under FDA dietary supplement rules; Section 179 for treatment tables and electroacupuncture units; and the KPIs lenders and benchmarking services actually track.
Tow Truck and Vehicle Recovery Service Bookkeeping: A Practical Guide for Independent Operators
How independent tow operators should segment revenue across cash calls, motor clubs, police rotation, and heavy recovery — plus accruing impound storage daily, handling mechanic's lien sales, applying Section 179 to wreckers, and reserving for on-hook claims.
Solo 401(k) vs SEP-IRA in 2026: Contribution Limits, Super Catch-Up, and Mega-Backdoor Roth for the Self-Employed
Compare the 2026 Solo 401(k) and SEP-IRA limits side by side — when each plan wins, how the SECURE 2.0 super catch-up adds $11,250 for ages 60–63, the mega-backdoor Roth strategy for after-tax conversions, the 20% versus 25% Schedule C calculation, and the Form 5500-EZ filing required once plan assets cross $250,000.
Septic Tank Pumping and Onsite Wastewater Bookkeeping: Per-Pump Revenue, Tipping Fees, Vacuum Trucks, and Drain-Field Warranty Reserves
A practical accounting framework for septic and onsite wastewater operators — splitting residential pumping, grease, portable toilet, inspection, and repair revenue; reconciling disposal manifests; expensing vacuum trucks under Section 179; and reserving for drain-field warranty claims.
The R&D Tax Credit in 2026: How OBBBA Restored Section 174 Expensing, the Section 41 Four-Part Test, and the $500,000 Payroll Tax Offset for Qualified Small Businesses
OBBBA restored immediate Section 174 domestic R&E expensing in 2026 and gives small businesses until July 6, 2026 to amend 2022–2024 returns. A practical guide to the Section 41 four-part test, the 14% Alternative Simplified Credit, the Section 280C reduced-credit election, and the $500,000 payroll tax offset for qualified small businesses.
The Section 199A QBI Deduction in 2026: A Permanent 20% Tax Break for Pass-Through Business Owners
OBBBA made the Section 199A pass-through deduction permanent and widened the 2026 phase-in to $201,750 single / $403,500 MFJ. Here is how the 20% QBI deduction, the W-2 wages and UBIA caps, the SSTB phase-out, the new $400 minimum, and Form 8995-A aggregation actually work for S-corps, LLCs, and partnerships.
Section 1402(a)(13) After Soroban: The Limited Partner SE Tax Exemption in 2026
Since the Tax Court's 2023 Soroban decision, a state-law limited partner label no longer shields distributive share from 15.3% self-employment tax. This guide walks through the functional test under Section 1402(a)(13), the Renkemeyer line of cases, the 2024 proposed regulations, and the planning moves that still hold up for fund managers, LLC members, and operating partners in 2026.
Section 1361 S-Corporation Eligibility: The Hidden Rules That Can Quietly Terminate Your Election
Section 1361 sets five eligibility rules for S-corporations—domestic incorporation, 100-shareholder cap, eligible shareholders, one class of stock, and entity type. Routine business decisions like uneven distributions or a relocated shareholder can terminate the election; Section 1362(f) offers PLR-based relief that costs $30,000+ in user fees.
Private RV Park and Campground Bookkeeping: Revenue Recognition, Cost Segregation, and Per-Site KPIs
How private RV park and campground operators should separate nightly, monthly, and seasonal site revenue under ASC 606, handle submetered utility pass-through, capture 15-year land improvements through cost segregation, and reconcile the per-site KPIs that lenders and buyers actually read.