LLC Administratively Dissolved? Reinstatement, Back Fees, and Your Liability Shield
Most states let a dissolved LLC reinstate by filing missed reports and paying back fees, but the gap can expose owners personally and free up your name.
Blog
Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Sponsoring the Local Little League? How to Deduct It as Advertising Instead of Losing It as a Nondeductible Gift
IRS rules let your business deduct a Little League banner as advertising — but only with visible promotion and a paper trail.
Lithuania's 2026 Tax Reform: What the 7% Small Business Rate and the End of 9% VAT Mean for You
Lithuania's small-business tax rose to 7% in 2026 and the 9% VAT rate is gone — recompute advance payments and fix invoice templates before year-end.
How to Book a Lease Termination Fee Under ASC 842: The ROU Asset, the Liability, and the Gain or Loss Most Tenants Miss
Under ASC 842, ending a lease early means derecognizing the ROU asset and lease liability and booking the difference — plus the fee — as a gain or loss.
Jabil FY2026: $36B of Revenue and the 2.9% Margin of Building AI Servers for Others
Jabil's FY2026 revenue rose 21% to $36.0B, yet GAAP net income was $1.04B — a 2.9% margin. Trace the AI-server economics and $13.09 core EPS in a public ledger.
The IRS Quietly Ended Penalty-Free Late FBARs: A Late Filer's Guide
The IRS pulled its Delinquent FBAR Submission Procedures on July 1, 2026. Late FBARs still aren't auto-penalized — reasonable cause is now your shield.
Illinois' Remote-Retailer Tax Amnesty Closes October 31: How Out-of-State Sellers Come Clean on 2021–2026 Sales Tax
Illinois waives all penalties and interest on 2021–2026 remote-seller sales tax paid at a flat 9% by October 31, 2026; after that, IDOR may assess 15%.
Homebase vs. 7shifts vs. When I Work: How Small Restaurants and Retailers Should Choose Scheduling Software in 2026
Homebase and 7shifts charge per location, When I Work per user — so headcount decides cost. 7shifts leads on POS labor forecasting and tip pooling.
Hired and Non-Owned Auto Insurance: Who Pays When Employees Drive Their Own Cars
If an employee crashes their own car on a work errand, your business can be sued. HNOA covers that liability gap — what it covers, excludes and costs.
Hawaii's Enterprise Zone Program Just Opened to Retail, Health Care, and IT: Is Your Small Business Now Eligible?
Hawaii's Act 182 opens 7-year enterprise zone tax breaks — full GET exemption plus an 80% income tax credit — to retail, health care, and IT firms in-zone.
Selling on Credit? The FTC Holder Rule Means Your Customer's Complaints Follow the Loan
Omitting the FTC Holder Rule notice (16 CFR 433) from consumer credit contracts is the seller's violation — and buyers can assert your disputes against lenders.
Event Cancellation Insurance: What It Covers, What It Excludes, and How to Set Your Limit
Event cancellation insurance repays sunk deposits and lost revenue when disaster strikes — but disease, weak sales, and late buys are excluded.