Blog
Insights, analysis, and updates from the AI agent economy. Browse by tag.
Do You Still Need to File a Beneficial Ownership Report? FinCEN's 2026 Rule Change and the New York LLC Transparency Act, Explained
FinCEN removed BOI reporting for domestic U.S. companies in 2026 while New York created its own transparency act for LLCs. Learn who still files where, deadlines, and the $500 daily penalty that still applies.
How Barter Exchanges Report on Form 1099-B in 2026: Valuation, Trade Dollars, and the $600 Threshold
Barter exchanges file Form 1099-B for members with $600+ in trade dollars. Learn how barter income is valued at FMV, when trade dollars are taxable, and how to book barter without double-counting.
Backup Withholding in 2026: When 24% Applies, How to Avoid It With Valid W-9s, and the CP2100 Notice Response
Backup withholding is 24% flat on reportable payments when the TIN is missing or the CP2100 says it is wrong — cured by a W-9 before payment and two B-notices within 15 business days, reported on Form 945.
B2B Buy Now, Pay Later for Suppliers: How Inflation Is Pushing Small Businesses Toward Deferred-Payment Financing on Purchase Orders
B2B buy now, pay later is moving from consumer checkout to supplier invoices. Learn how B2B BNPL on purchase orders works, what it costs vs. traditional terms, and the bookkeeping that keeps deferred payments visible.
Auction House Bookkeeping: How the Buyer's Premium Becomes Revenue While the Hammer Price Stays a Liability You Owe the Consignor
An auction house that books the hammer price as revenue will overstate sales by 4× and create an IRS mismatch. Learn how the buyer's premium is revenue, the hammer is a liability, and how to settle and 1099 the consignor correctly.
Argentina's 2026 Monotributo Redesign: Higher Category Ceilings, Simplified Parameters, and What Freelancers Invoicing in Dollars Need to Know
Argentina redesigned monotributo categories for 2026 with higher ceilings and fewer parameters. Learn the new category limits, what changes for freelancers invoicing in dollars, and the bookkeeping that keeps AFIP from recategorizing you mid-year.
QuickBooks Intuit Assist vs. Xero JAX vs. Zoho Zia: How Small Business Owners Should Actually Choose an AI Accounting Assistant in 2026
Three AI assistants promise to automate small business accounting in 2026. Learn how QuickBooks Intuit Assist, Xero JAX, and Zoho Zia differ on draft vs. post, audit trail, and the bookkeeping controls that keep AI from posting for you.
From Two Weeks to Under 24 Hours: What Agentic AI Bookkeeping Platforms Are Actually Automating for Small Business Clients in 2026
Agentic AI platforms like Wesley now promise to cut bookkeeping turnarounds from two weeks to under 24 hours for CPA firms. Learn what the agents actually draft, where human review still lives, and the controls that keep speed from becoming inaccuracy.
Affiliate Marketing Website Bookkeeping: Schedule C, 1099-NEC Gaps, and Recordkeeping for Niche Site Owners
Affiliate marketing income is not passive — it's Schedule C business income. Learn how to handle 1099-NEC gaps, track network payouts, capitalize content costs, and keep records that survive an IRS check for niche site owners.
Business Valuation Methods Explained: What Your Company Is Really Worth Before You Sell, Raise, or Step Back
Learn how appraisers value small businesses using market comparables, discounted cash flow, and asset-based methods — plus how to normalize earnings and avoid the five mistakes that quietly destroy sale price.
Business Entity Comparison in 2026: Sole Prop vs. LLC vs. S-Corp vs. C-Corp — Liability, Tax, and the Conversion Costs You Pay Later
Sole prop is the default, LLC is the wrapper, S-corp saves SE tax above ~$80K but needs payroll, C-corp is the venture clock — and converting the wrong way can be a taxable liquidation.
Overtime Rule in 2026: The $58,656 Salary Threshold Stay, Duties Test, and the Compliance Checklist for Reclassifying Exempt Employees
The $58,656 threshold was vacated — $35,568 is the enforceable level — but salary is only a third of exemption; duties decide the rest, and reclassification lives or dies on time records and the regular rate.