The Bahamas Just Zero-Rated VAT on Unprepared Food: What Small Retailers Need to Reclassify
Bahamas VAT on unprepared food fell from 5% to 0% on April 1, 2026. Grocers must re-code SKUs into 0/5/10% buckets and keep claiming input tax.
Mike Thrift
Marketing Manager
A Foreign Investor Owns Part of Your U.S. Business? The BEA Surveys You Must File Even If Nobody Contacts You
If a foreign investor owns 10%+ of your U.S. business, BEA surveys are mandatory: BE-13 in 45 days, yearly BE-15, and the BE-12 benchmark.
Bounce House Rental Business Insurance: The Coverage Gaps and How to Book Every Premium
General liability won't cover your own inflatables in transit. The four-policy stack bounce house renters need, and how to book premiums under IRS rules.
California's AB 692 Just Banned Most "Stay-or-Pay" Employment Contracts: What Small Employers Must Fix Now
California AB 692 voids stay-or-pay clauses signed on or after January 1, 2026 — audit your offer letters now or risk $5,000 per affected worker.
Corporate Officers Must Be on Payroll: Why You Can't Take Distributions Only
Corporate officers who work in the business are employees under IRS rules — wages, withholding, and FICA apply even to sole shareholders taking distributions.
How to Write a Customer Credit Policy: Credit Limits, Payment Terms, and Collection Triggers
Set who gets credit, how much, and what happens when payment is late: approval tiers, credit limits, deposits, late fees, and a day-triggered collection ladder.
Donating Your Car Before Year-End? How Form 1098-C, the $500 Threshold, and Gross-Proceeds Rules Decide Your Deduction
The IRS usually limits car-donation deductions to the charity's sale price — Form 1098-C, the $500 threshold, and three FMV exceptions decide yours.
Selling Abroad? The FCPA Rules Every Small Exporter Should Know
The U.S. FCPA covers small exporters too: a foreign agent's bribe can be yours, grease payments rarely qualify, and clean books are your best defense.
The First Sale Rule: How Importers Who Buy Through Middlemen Can Legally Pay Less in Tariffs
Importers buying via a middleman can declare the factory's first-sale price to U.S. Customs and cut duties 10–20%, if every tier is documented.
Freelance Translator Invoicing: Per-Word Rates, Multi-Currency Invoices, and Getting Paid on Time
Per-word rates hide your real hourly pay. Invoice translation work with PO numbers, weighted CAT counts, agreed FX terms and a late-payment playbook.
Garage Door Installation & Repair Bookkeeping: Licenses, Warranties, and Job Costing That Protect Your Margin
Garage door shops hold 10–15% net margins by accruing a warranty reserve, loading labor with 35% burden, and logging truck stock and state licenses per job.
Glamping Business Bookkeeping: Nightly Rates, Seasonal Occupancy Math, and Payout Reconciliation
Glamping books run on nights × occupancy × rate: record gross payouts to match the 1099-K, hold lodging tax as a liability, and depreciate tents in 5–7 years.