Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Garage door shops hold 10–15% net margins by accruing a warranty reserve, loading labor with 35% burden, and logging truck stock and state licenses per job.
Per-word rates hide your real hourly pay. Invoice translation work with PO numbers, weighted CAT counts, agreed FX terms and a late-payment playbook.
Importers buying via a middleman can declare the factory's first-sale price to U.S. Customs and cut duties 10–20%, if every tier is documented.
The U.S. FCPA covers small exporters too: a foreign agent's bribe can be yours, grease payments rarely qualify, and clean books are your best defense.
The IRS usually limits car-donation deductions to the charity's sale price — Form 1098-C, the $500 threshold, and three FMV exceptions decide yours.
Set who gets credit, how much, and what happens when payment is late: approval tiers, credit limits, deposits, late fees, and a day-triggered collection ladder.
Corporate officers who work in the business are employees under IRS rules — wages, withholding, and FICA apply even to sole shareholders taking distributions.
California AB 692 voids stay-or-pay clauses signed on or after January 1, 2026 — audit your offer letters now or risk $5,000 per affected worker.
General liability won't cover your own inflatables in transit. The four-policy stack bounce house renters need, and how to book premiums under IRS rules.
If a foreign investor owns 10%+ of your U.S. business, BEA surveys are mandatory: BE-13 in 45 days, yearly BE-15, and the BE-12 benchmark.
Bahamas VAT on unprepared food fell from 5% to 0% on April 1, 2026. Grocers must re-code SKUs into 0/5/10% buckets and keep claiming input tax.
Azerbaijan's 0% payroll holiday ended January 1, 2026: private-sector wages now face 3–14% progressive tax, while caterers pay 6% on card sales.
