A decision framework for choosing between DIY bookkeeping software, professional services, and plain-text accounting—with concrete pricing benchmarks ($15–$800/month), transaction-volume thresholds, and the seven mistakes that drive cleanup costs.
Client meals are 50% deductible in 2026, client gifts cap at $25 per recipient (a limit unchanged since 1962), and employer-provided meals lose their deduction this year. A service-business guide to documenting meals, travel, gifts, and marketing while staying inside IRS rules.
Forgiven PPP loans are federally tax-free and the expenses paid with them remain fully deductible, but EIDL loans, EIDL Advance grants, and PUA benefits each carry distinct tax treatment — including a one-time $10,200 unemployment exclusion for 2020 under the American Rescue Plan.
A line-by-line guide to the deductions self-employed workers can claim in 2026, including the now-permanent 20% QBI deduction under OBBBA, $72,000 Solo 401(k) limits, the 72.5-cent IRS mileage rate, and the documentation rules that hold up under audit.
A practical week-by-week, quarter-by-quarter, and year-end tax preparation checklist for small business owners — covering 2026 IRS deadlines, estimated tax payments, deductions, 1099 filing, and the bookkeeping habits that turn April from a sprint into a routine handoff.
The OBBBA made the QBI deduction permanent and raised it to 23% in 2026, expanded SALT to $40,000 through 2029, and lifted the estate exemption to $15 million. Here is how small business owners running pass-through entities, S corps, and LLCs should plan around it.
Section 280A(g) lets business owners rent their personal residence to their company for up to 14 days per year and exclude the income from federal tax. This guide covers eligibility, fair-market rate setting, the documentation auditors expect, and the lessons from Sinopoli v. Commissioner.
A four-stage billing system—strategy, invoicing, collections, reconciliation—that reduces DSO, cuts the 1–5% EBITDA loss from revenue leakage, and stops late payments before they start.
A practical guide for CPAs and enrolled agents on building a bookkeeping pipeline that delivers tax-ready financials by mid-February — covering client segmentation, in-house vs outsourced models, standardized handoffs, and how plain-text accounting fits in.
A working guide to collections management for small businesses, covering the six-stage follow-up workflow, the AR metrics that actually matter (DSO, CEI, ADD), and a 30-day plan to shorten the average collection cycle.
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