Found vs. Lili: Which Freelancer Bank Account Fits Solo Self-Employment?
Found gives freelancers free invoicing, tax estimates and 1099 filing; Lili pairs 2.25% APY savings with paid tax buckets — match the free tier to IRS habits.
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Banking
Navigate business banking, accounts, and financial services effectively
Intuit Joins FedNow: What Same-Second Invoices and Real-Time Payroll Mean for Your Cash Flow and Your Books
Intuit's FedNow certification brings same-second invoices and real-time payroll to small business — book by confirmation time and keep fees out of revenue.
Plaid Guaranteed Payments and the End of the 3-Day ACH Wait: What Assumed Liability Means for Your Books
Plaid guarantees settlement on approved ACH payments and covers eligible failures — book the fee as processing expense, never netted against revenue.
Brex's Accounting API and the End of Bank-Feed Lag: What Real-Time ERP Sync Actually Fixes for Small Businesses
Brex's Accounting API syncs card and bill transactions to your ERP in real time — but clean your chart of accounts first, or automation scales the mess.
Cuba Gave Tax Collectors the Keys to Your Bank Account: What Resolution 126/2026 Means for Your Business
Cuba's Resolution 126/2026 lets ONAT debit overdue tax debts from bank accounts — but only firm, notified debts with no appeal filed.
Negative Pledge Clauses, Explained: Why Your Bank Says You Can't Pledge Assets to Anyone Else
A negative pledge clause bars you from pledging assets to new lenders — breach it and your loan can accelerate. Carve-outs, cures, and negotiation levers.
Cross-Default Clauses, Explained: How One Missed Payment Can Put Every Loan You Have in Default
A cross-default clause turns one missed payment into a default on every loan — the triggers, thresholds, cure periods, and waivers that contain it.
Notes Receivable, Explained: How Written Promises to Pay Differ From Open Accounts
A note receivable is a signed promise to pay principal plus interest — book the principal as an asset swap, accrue interest monthly, act fast on dishonor.
Tangible Book Value, Explained: What Your Company Is Worth After Stripping Goodwill and Intangibles
Tangible book value is shareholders' equity minus goodwill and intangibles — the liquidation floor banks still trade on, read via P/TBV.
Audit Confirmations, Explained: How Auditors Verify Cash, Receivables, and Lawsuits With Third Parties
Auditors confirm cash, receivables, and lawsuits directly with banks, customers, and lawyers — replies bypass you, and every exception gets investigated.
Brokered CDs vs. Bank CDs: Why the Same Bank Pays Different Rates Through Your Brokerage
Brokered CDs can beat bank CD rates, but pay simple interest, are often callable, and exit at market prices — compare APY to APY first.
Reg CC and the Check 21 Act, Explained: Why Your Bank Holds Check Deposits
Reg CC limits check holds to two business days with $275 next day, but large-deposit, new-account, and overdraft exceptions stretch holds to day seven or nine.