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#section-179

Section 179

IRC Section 179 expensing election, annual deduction caps, phase-out thresholds, and qualifying property for small business equipment write-offs

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Why Voiceover Artists Have the Weirdest Bookkeeping in the Gig Economy

Voiceover income mixes 1099s, direct payments that never generate a tax form, 10% agent commissions on some income but not all, and residuals that arrive years after the session. How voice actors handle Schedule C reporting, the §280A exclusive-use home studio deduction, 100% bonus depreciation on mic and booth gear, multi-state tax exposure, and the one KPI — booked hours per audition — that shows whether the business works.

mike

bookkeepingself-employmentfreelance

Independent Esthetician and Skincare Suite Bookkeeping: ASC 606, FDA Classification, MSO/PC, Section 179, and Section 45B FICA Tip Credit Under OBBBA

How independent estheticians and multi-suite skincare studios should book seven distinct revenue streams under ASC 606, classify equipment against FDA cosmetic-versus-device rules, structure an MSO/PC for injectables, capitalize a $40,000 hydrafacial under restored 100% bonus depreciation, claim the newly expanded Section 45B FICA tip credit under the One Big Beautiful Bill Act, and track the four KPIs that decide a five-year lease renewal.

mike

beautybookkeepingrevenue-recognition

Bookkeeping for Independent Kayak and SUP Rental Operators: ASC 606 Deferred Revenue, Section 179, and the Four KPIs Liveries Steer By

A bookkeeping playbook for independent kayak, SUP, and tour liveries — ASC 606 deferred revenue for prepaid bookings and gift cards, Section 179 and restored 100 percent bonus depreciation for fleet, USCG and state livery overlays, gross-presentation accounting for FareHarbor, Peek Pro, and Xola fees, weather cancellation reserves, 1099 versus W-2 instructor classification under the 2024 DOL rule, and the four KPIs operators actually steer by.

mike

bookkeepingseasonal-businessrevenue-recognition

Bookkeeping for Independent Massage Therapy Clinics: ASC 606 Memberships, Section 45B Tip Credit, HSA/FSA Eligibility, and AMTA KPI Benchmarks

How solo and multi-therapist massage practices account for prepaid memberships and gift certificates under ASC 606, navigate W-2 vs 1099 classification under the 2024 DOL rule and state ABC tests, capitalize treatment rooms under Section 179, claim the Section 45B FICA tip credit, and track revenue per table-hour against AMTA benchmarks.

mike

bookkeepinghealthcarerevenue-recognition

Ski and Snowboard Instructor Bookkeeping: OBBBA Tips, Section 179 Gear, and the KPIs of a Profitable Snow Career

Independent ski and snowboard instructors juggle W-2 resort wages and 1099 private lesson income across a 120-day season. This guide covers OBBBA tip deductions, Section 179 gear write-offs, ASC 606 lesson revenue timing, worker classification under AB5, PSIA-AASI deductible expenses, and the KPIs that separate $80K careers from $35K seasons.

mike

bookkeepingself-employmentself-employment-tax
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