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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

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FTC Franchise Rule 2026: What Undisclosed Fee Guidance Means for Renewals and Transfers
·mike

FTC Franchise Rule 2026: What Undisclosed Fee Guidance Means for Renewals and Transfers

FTC staff guidance issued in 2024 bars franchisors from using operations manual updates to impose fees not disclosed in the FDD, and by 2026 is reshaping how renewals and transfers get documented — here's how franchisees should audit fees against Item 6.

franchise-bookkeeping
compliance
legal
Mobile IV Therapy Bookkeeping: Corporate Practice of Medicine, Medical Director Fees, and Nurse Classification
·mike

Mobile IV Therapy Bookkeeping: Corporate Practice of Medicine, Medical Director Fees, and Nurse Classification

Mobile IV and wellness injection bars must structure ownership as a physician-owned PC plus an MSO to satisfy corporate-practice-of-medicine rules, pay medical directors a flat monthly fee rather than a percentage of revenue, and classify nurses as W-2 employees in ABC-test states — each decision maps directly to a different chart-of-accounts structure.

healthcare
compliance
business-structure
New York's 2026 Cash Acceptance Law: Penalties, Exceptions, and Compliance Guide
·mike

New York's 2026 Cash Acceptance Law: Penalties, Exceptions, and Compliance Guide

New York's General Business Law § 396-ii took effect March 21, 2026, requiring statewide retailers and restaurants to accept cash and barring cash surcharges, with civil penalties up to $1,000 for a first violation and $1,500 for each one after.

small-business
payments
point-of-sale
Pricing a Bowl: Why the Diameter × Height Formula Hides Your Real Costs
·mike

Pricing a Bowl: Why the Diameter × Height Formula Hides Your Real Costs

The diameter × height × multiplier formula that most bowl turners use to price work ignores cracked blanks, drying time, and overhead — accounting them correctly as a separate spoilage loss (not folded into COGS) reveals whether a shop's pricing actually covers its real costs.

small-business
bookkeeping
cost-of-goods-sold
The SBA's 8(a) Program Just Dropped Its Racial Presumption: What the 2026 Rule Means for Federal Contractors
·mike

The SBA's 8(a) Program Just Dropped Its Racial Presumption: What the 2026 Rule Means for Federal Contractors

The SBA's June 11, 2026 proposed rule eliminates the 8(a) program's race-based social disadvantage presumption for individually owned firms, requiring every applicant to document group-level discrimination and personal material harm instead — with the public comment period closing July 13, 2026.

sba
government-contracting
minority-owned-business
State Privacy Laws 2026: Indiana, Kentucky, Rhode Island, and Texas Rules Small Businesses Must Know
·mike

State Privacy Laws 2026: Indiana, Kentucky, Rhode Island, and Texas Rules Small Businesses Must Know

Indiana, Kentucky, and Rhode Island's consumer privacy laws took effect January 1, 2026, and two have no revenue threshold — here's how small businesses determine if they're covered and how to track the revenue percentages these laws require.

privacy
compliance
small-business
From Gross Payout to Real Deposit: Reconciling Upwork and Fiverr Fees for Your 1099-K
·mike

From Gross Payout to Real Deposit: Reconciling Upwork and Fiverr Fees for Your 1099-K

Upwork and Fiverr 1099-Ks report gross payment volume before platform commissions and withdrawal fees are deducted, so freelancers must record both as separate Schedule C expense lines to reconcile reported income with actual bank deposits.

freelance
tax
self-employment-tax
Pet Cremation Bookkeeping: Pricing Tiers, Veterinary Referral Splits, and Retort Depreciation
·mike

Pet Cremation Bookkeeping: Pricing Tiers, Veterinary Referral Splits, and Retort Depreciation

Pet cremation businesses run three revenue models at once (tiered cremation service, veterinary referral commissions, and merchandise sales), and the retort itself depreciates as 7-year MACRS equipment eligible for 100% bonus depreciation on property placed in service after January 19, 2025 — not as a 39-year building improvement.

bookkeeping
small-business
accounting
Bookkeeping for Document Shredding & Data Destruction Businesses
·mike

Bookkeeping for Document Shredding & Data Destruction Businesses

A chart-of-accounts guide for document shredding and data destruction companies covering three revenue streams (route, purge, hard drive destruction), NAID AAA certification costs ($3,000-$5,000 first year), chassis-vs-shredder depreciation, and treating paper recycling rebates as revenue rather than an unreconciled deposit.

bookkeeping
small-business
compliance
Makerspace and Hackerspace Bookkeeping: Membership Dues, Workshop Revenue, and Shared Equipment Costs
·mike

Makerspace and Hackerspace Bookkeeping: Membership Dues, Workshop Revenue, and Shared Equipment Costs

Makerspaces should recognize annual membership dues ratably over the term as a deferred-revenue liability rather than all at once, track workshop revenue separately from dues, capitalize equipment above a set threshold, and choose an LLC or 501(c)(3) structure based on whether their funding model relies on grants or dues.

bookkeeping
accounting-basics
accrual-accounting
Amazon's Expanded New Selection Program: Referral Fee Caps, Free Storage, and the October 31 Deadline
·mike

Amazon's Expanded New Selection Program: Referral Fee Caps, Free Storage, and the October 31 Deadline

Amazon's July 30, 2026 New Selection Program update caps referral fees at 10% on the first 100 units and 5% on the next 100 for new-to-FBA parent ASINs, waives storage and liquidation fees on the first 200 units for 120 days, and adds $125 in Vine and coupon credits — but existing enrollees must reconfirm by October 31, 2026 to keep qualifying new listings.

amazon
e-commerce
small-business
ATO Interest Is No Longer Tax-Deductible: What GIC and SIC Now Really Cost Your Business
·mike

ATO Interest Is No Longer Tax-Deductible: What GIC and SIC Now Really Cost Your Business

From 1 July 2025, the ATO's General Interest Charge and Shortfall Interest Charge are no longer tax-deductible — even on old tax debts. With GIC around 11% compounding daily, the after-tax cost of ATO debt jumped from roughly 7–8% to full sticker price. Here's how the incurred-date rule works and what to do about existing debt.

tax
tax-compliance
tax-deductions
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