Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Synopsys posted $2.477B revenue for Q3 FY2026 (+42% YoY) with GAAP diluted EPS of $2.84 against non-GAAP $3.91 — a gap bridged mostly by $402M of acquired-intangible amortization from the Ansys deal. A public Beancount ledger reconciles the print to the balance sheet, where goodwill sits at $26.8B and long-term debt is already down from $13.5B to $9.0B.
A January 1 payroll cutover is the cleanest one because a single provider owns all four Forms 941, the Form 940, and every W-2 — but it takes roughly twelve weeks of prep. This checklist covers the October-to-January timeline, the year-to-date and fringe-benefit data that must migrate, Form 8655 authorization and revocation, and the five handoff mistakes that generate IRS notices.
Accountant malpractice claims require proving duty, breach, causation, and damages — and the math is narrower than most clients expect: penalties caused by the error are typically recoverable, interest often is not, and tax you legally owed almost never is. State deadlines run two to six years, and an engagement letter's liability cap may limit recovery to the fees you paid.
Subletting unused office space leaves you fully liable on the master lease while making you a landlord to your subtenant — why written landlord consent comes first, how to book sublease income separately from rent expense, and how advance rent, security deposits, and CAM pass-throughs are taxed.
For tax year 2026 the student loan interest deduction is capped at $2,500, claimed above the line on Schedule 1, and phases out between $85,000 and $100,000 of MAGI for single filers and $175,000 to $205,000 for joint filers. This guide covers the five eligibility tests, what Form 1098-E does and does not report, and why self-employed borrowers cannot move the interest to Schedule C.
In a stock sale the seller reports one capital gain and the buyer inherits every liability; in an asset sale the price is allocated across seven Form 8594 classes, so depreciation recapture, inventory, and C corporation double taxation convert much of the gain to ordinary income. Here is how each structure taxes the seller, what the 338(h)(10) election and personal-goodwill carve-out change, and which liabilities follow you past closing.
An SSA no-match (EDCOR) letter means a W-2's name and SSN don't match SSA's records — and more than 70% of flagged records belong to native-born U.S. citizens. Here's the four-step employer response, the five actions that trigger INA discrimination liability, and the 2026 IRS penalty tiers of $60, $130, and $340 per incorrect return.
A 2025 survey of 2,054 SMEs across 14 countries found 34.7% had a cyber incident in three years while only 16.8% carry standalone cyber insurance. This guide covers what a policy costs ($83–$145/month for a $1M limit), what it covers and excludes, the five reasons claims get denied, and a seven-step checklist to get insurable and stay that way.
For 2026 the Section 129 dependent care exclusion rises from $5,000 to $7,500 and Section 127 student loan repayment becomes permanent, so an employer can move up to $12,750 per employee outside wages. This guide covers the written-plan and nondiscrimination rules, which W-2 boxes each benefit lands in — all dependent care in Box 10, excludable educational assistance nowhere — and the seven errors that turn a tax-free benefit into taxable wages.
Scotland's 2026 revaluation pushed almost 4,000 small firms off 100% Small Business Bonus Scheme relief while thresholds stayed frozen at £12,000. Here are the 2026-27 SBBS bands, the three transitional caps (15% general, 25% net for lost SBBS, 15% self-catering), and the short-term-let licence rules that void relief entirely.
Salesforce FY2027 Q2: $11.3B revenue (+11%) with a stated $456M Informatica contribution, GAAP diluted EPS $4.29 (+119%) driven by $2.6B of strategic-investment gains over flat $2.33B operating income, and a $25B accelerated share repurchase that cut stockholders' equity by $20.8B — tracked in a public Beancount ledger asserting goodwill at $59.3B and treasury stock at $55.0B.
Separate from your employer during or after the calendar year you turn 55 and distributions from that employer's 401(k) escape the 10% early-withdrawal penalty — but not ordinary income tax, and not a rollover into an IRA. How the separation-from-service exception works, the age-50 public safety version, the 20% withholding haircut, and the five mistakes that forfeit it.
