Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
EOQ sets how much to order, safety stock absorbs demand spikes, and the reorder point sets when to buy — worked examples that cut stockouts without idle cash.
US companies can reclaim EU VAT on hotels, conferences, and trade shows under the 13th Directive — if reciprocity holds and you beat the June 30 deadline.
Paying a foreign contractor for U.S.-performed work means 30% IRS withholding unless a treaty applies; fully remote work needs only a W-8BEN on file.
Budget 2–4% shrinkage, split fresh from dry COGS, book the building's 10–15% commission as rent, and tax prepared food apart to see if a micro-market pays.
New Mexico SB 151 makes C corporations add back federal 100% bonus depreciation from 2027; pass-through owners keep it. Place assets in service in 2026.
Unclaimed tax refunds become Treasury property 3 years after the return's due date — 2023 money expires April 15, 2027. File now.
IRS Notice 2026-60 lifts high-low per diem to $329 high-cost and $230 elsewhere from Oct 1, 2026; meal rates stay $86/$74. Update your accountable plan now.
Prepaid irrigation plans are deferred revenue until each visit is done; expense tools under the $2,500 IRS safe harbor and depreciate the trencher.
The IRS presumes a farm is a business if it profits in 3 of 5 years; otherwise nine factors decide. Hobby farms owe tax on income but deduct nothing.
Goat yoga tickets belong on Schedule C, not Schedule F. Price for fees, allocate herd costs, endorse your insurance and clear zoning before class one.
Healthy FCF conversion runs near 80% of EBITDA; below 50% means receivables, inventory or CapEx are eating profit. Formula, benchmarks and fixes.
Buyers must withhold 15% of your gross U.S. sale price under FIRPTA. File IRS Form 8288-B before closing to cut it, or claim the excess on Form 1040-NR.
