Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Section 274(o) ended the employer meal deduction in 2026: cafeterias and convenience meals are 0% deductible, yet still tax-free to employees.
April lump-sum CSA billing suppresses signups and fakes a cash cushion. Default to a deposit plus installments, and book shares as unearned revenue.
A community land trust sells you the house and keeps the land on a 99-year ground lease: a far lower price now, with resale gains capped near 25%.
Freight-in and product packaging are COGS; freight-out, shipping boxes and delivery are selling expenses. Misfile them and gross margin can run 10+ points high.
Earnouts pay out about 21 cents per promised dollar. Buyers book them at fair value under ASC 805; sellers report under IRS installment rules.
Business deposits above $250,000 per bank are uninsured. Split cash across banks, use ICS or CDARS sweeps, or hold T-bills to close the gap.
Armenia taxes small traders 10% of gross turnover and manufacturers 7%, and since September 2026 every invoice must precede the goods — the compliance playbook.
Albanian freelancers pay 0% profit tax through 2029 only with a NIPT and business account — otherwise 15% on gross. The amnesty ends Dec 31, 2026.
Accenture's FY2026 revenue rose 6% to $74.2B and GAAP operating margin hit 15.4%, but excluding severance the gain is 20 bps — and debt doubled to $10B.
IRS Forms 1099-NEC, 1099-MISC, and 1099-K add tip, occupation-code, and overtime boxes for 2026, plus a $2,000 reporting threshold.
IRS Rev. Proc. 2008-16 lets a vacation home qualify for a 1031 exchange: rent it 14+ days a year at fair rent and cap personal use, 24 months before and after.
Washington's small-business B&O credit rises to $375/$125 monthly in 2029 — unless voters repeal its funding on Nov 3 or courts strike it.
