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#accounting

Accounting

Master accounting fundamentals and best practices for plain-text bookkeeping

Single-Member LLC in 2026: Disregarded Entity, Corporate Election, and the S-Corp Reasonable-Comp Decision That Saves Self-Employment Tax
·mike

Single-Member LLC in 2026: Disregarded Entity, Corporate Election, and the S-Corp Reasonable-Comp Decision That Saves Self-Employment Tax

By default an LLC is disregarded to Schedule C and pays SE tax on all profit — elect S-corp via 8832/2553, pay yourself reasonable W-2 wages, and distributions escape SE tax when the salary is defensible.

tax-compliance
small-business
finance
Recordkeeping for Small Business in 2026: What to Keep, How Long, and the Digital Receipt Standard That Survives an Audit
·mike

Recordkeeping for Small Business in 2026: What to Keep, How Long, and the Digital Receipt Standard That Survives an Audit

The IRS needs adequate records per position — ordinary items 6 years from filing, payroll 4, property until disposition plus 6 — and a digital image counts only when indexed, legible, and retrievable.

tax-compliance
small-business
finance
Hiring Your First Employee in 2026: Payroll Registration, W-4 and I-9, Workers' Comp, and the First 30-Day Compliance Checklist
·mike

Hiring Your First Employee in 2026: Payroll Registration, W-4 and I-9, Workers' Comp, and the First 30-Day Compliance Checklist

An employee is a registration before the first paycheck — EIN, state withholding and SUI, workers' comp bound, W-4 and I-9 in 3 days, new-hire report in 20 days, 941 deposits by EFTPS.

tax-compliance
small-business
finance
R&D Tax Credit for Small Business in 2026: How the Section 41 Payroll Offset Gives Startups Up to $500K Against Payroll Tax
·mike

R&D Tax Credit for Small Business in 2026: How the Section 41 Payroll Offset Gives Startups Up to $500K Against Payroll Tax

Qualified research wages, supplies, and 65% of contract research generate a 14% ASC — and qualified startups can elect up to $500K per year against employer payroll on Form 8974.

tax-compliance
small-business
finance
Form 1099-NEC vs. 1099-MISC in 2026: $600 Thresholds, January 31 Deadlines, and the $50–$310 Per-Form Penalty Ladder
·mike

Form 1099-NEC vs. 1099-MISC in 2026: $600 Thresholds, January 31 Deadlines, and the $50–$310 Per-Form Penalty Ladder

NEC is for services, MISC is for rent and royalties — both to recipients by Jan 31, but NEC also files to IRS by Jan 31. Miss it and the $60–$310 per-form ladder starts.

tax-compliance
small-business
finance
Účtovníctvo krematória pre domáce zvieratá: Cenové úrovne, provízie pre veterinárov a odpisovanie retorty
·mike

Účtovníctvo krematória pre domáce zvieratá: Cenové úrovne, provízie pre veterinárov a odpisovanie retorty

Podniky s kremáciou domácich zvierat prevádzkujú tri modely príjmov súčasne (kremácia s cenovými úrovňami, provízie pre veterinárov a predaj tovaru) a samotná retorta sa odpisuje ako 7-ročné zariadenie MACRS spôsobilé na 100% bonusový odpis pri majetku uvedenom do prevádzky po 19. januári 2025 – nie ako 39-ročné zlepšenie budovy.

bookkeeping
small-business
accounting
Beneficial Ownership Reporting in 2026: Who Must File BOI With FinCEN, What Changed After the Court Challenges, and Late Penalties of $591 Per Day
·mike

Beneficial Ownership Reporting in 2026: Who Must File BOI With FinCEN, What Changed After the Court Challenges, and Late Penalties of $591 Per Day

The March 2025 interim final rule exempted domestic reporting companies — foreign-registered entities must still report within 30 days, update within 30 of any change, at $591 per day for willful failure.

tax-compliance
small-business
finance
Crypto Taxes in 2026: Staking Rewards, Airdrops, Hard Forks, and Why Every Swap Is a Taxable Disposition
·mike

Crypto Taxes in 2026: Staking Rewards, Airdrops, Hard Forks, and Why Every Swap Is a Taxable Disposition

Staking, airdrops, and hard forks are ordinary income at fair value when you gain dominion and control — and every crypto-to-crypto swap is a sale with proceeds, basis, and gain.

tax-compliance
small-business
finance
Business Meals in 2026: What Is 50% Deductible After the Temporary 100% Expired and How to Document Business Purpose
·mike

Business Meals in 2026: What Is 50% Deductible After the Temporary 100% Expired and How to Document Business Purpose

Restaurant meals are back to 50% after the 2022 100% boost expired — the real test is whether each meal has amount, time, place, purpose, and business relationship plus your presence.

tax-compliance
small-business
finance
Meta Q2 2026 Earnings: Tržby vzrástli o 28%, ale zisk prvýkrát v ére AI klesol
·mike

Meta Q2 2026 Earnings: Tržby vzrástli o 28%, ale zisk prvýkrát v ére AI klesol

Meta Platforms v Q2 2026 vzrástli tržby o 28% na 60,8 miliardy dolárov, ale čistý zisk klesol o 14% na 15,8 miliardy dolárov — prvý medziročný pokles zisku v ére AI-kapitálových výdavkov — keďže celkové náklady vzrástli o 55%, prevádzková marža klesla z 43% na 31% a kapitálové výdavky sa takmer zdvojnásobili na 31,1 miliardy dolárov.

financial-reporting
financial-management
beancount
Robinhood Q2 2026 Výsledky: Rekordný kvartál, prvý dlh v histórii a jednorazový zisk skrytý na očiach
·mike

Robinhood Q2 2026 Výsledky: Rekordný kvartál, prvý dlh v histórii a jednorazový zisk skrytý na očiach

Tržby Robinhood v Q2 2026 vzrástli o 32 % na rekordných 1,31 miliardy USD a čistý zisk vyskočil o 48 % na 573 miliónov USD, no definujúcimi udalosťami kvartálu bolo prvé dlhové financovanie v histórii spoločnosti — 2,2 miliardy USD v konvertibilných dlhopisoch — a jednorazový zisk 135 miliónov USD, ktorý predstavoval približne 0,14 USD z rozpusteného EPS vo výške 0,62 USD.

financial-reporting
financial-management
beancount
AUSTRAC Tranche 2: Čo musia austrálski účtovníci a bookkeeperi urobiť do 29. júla 2026
·mike

AUSTRAC Tranche 2: Čo musia austrálski účtovníci a bookkeeperi urobiť do 29. júla 2026

Austrálske reformy AML/CTF Tranche 2 ustanovili účtovníkov, bookkeeperov a daňových agentov za ohlasovacie subjekty AUSTRAC od 1. júla 2026, pričom registrácia sa musí vykonať do 29. júla. Tu je deväť určených služieb, ktoré spúšťajú túto povinnosť, čo registračný formulár vyžaduje a aké sankcie hrozia za jeho nesplnenie – až do výšky 36,4 milióna dolárov za jedno porušenie pre korporáciu.

compliance
bookkeeping
accounting
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