Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
A potential 2026 Fed hike would lift prime and SOFR within days, raising payments on variable-rate lines, cards, and SBA 7(a) loans. Learn which loans reprice first, how to stress-test at +50 bps, and what to lock before the next FOMC meeting.
Your coworking cash and earned revenue rarely match — learn how to book membership deferred revenue, prorate mid-month starts and upgrades, and reconcile meeting-room hours and print credits so every dollar is counted.
Premium cigar lounges pay OTP excise as a capped percentage of wholesale, carry humidor inventory at landed cost with FIFO or average costing, and must defer locker and membership fees as unearned revenue until each month is provided — separating all three keeps margins, taxes, and audits accurate.
Build business credit from scratch with net-30 vendor accounts that report to Dun & Bradstreet, Experian Business, and Equifax. Get your free D-U-N-S Number, enforce NAP consistency, and follow a 90-day plan to a scorable PAYDEX and Intelliscore.
For 2026 the OBBBA resets AMT phaseout thresholds to $500,000 single and $1,000,000 joint and doubles the exemption clawback from 25 to 50 cents per dollar, so the same income that owed no AMT in 2025 can owe five figures next year. A guide to who is exposed, how to estimate your position, and five planning moves before year-end.
Federal 1099-K filing reverted to $20,000 and more than 200 transactions for 2026, but Maryland, Massachusetts, Vermont, Virginia, DC, Montana and North Carolina still require it at $600 — learn which states keep the lower threshold, how payment-card and TPSO rules differ, and how to book gross, fees, and sales tax so your books tie to every form you receive.
Xero will acquire Melio for $2.5B plus up to $500M earn-out; Melio processed $30B in payments with 80,000 customers — bundling bill pay into accounting software promises fewer logins and tighter approvals, but adds card fees and FX spreads that need separate bookkeeping.
WOSB certification requires unconditional, direct 51% ownership and genuine control by women who are U.S. citizens, and must now come from SBA or an approved third-party certifier — it unlocks set-aside competition in 733 industries and sole-source awards up to $6.5 million.
Nearly 9 in 10 spreadsheets contain errors — learn the 7 warning signs your Excel bookkeeping is costing you time and accuracy, what accounting software fixes, and a migration checklist that keeps your history intact.
How wedding DJs and mobile entertainers should classify booking deposits and retainers under cash versus accrual accounting, depreciate sound and lighting gear under Section 179 or MACRS, track revenue and cost per event, issue 1099-NECs for second DJs, and survive the off-season cash crunch when most revenue compresses into a few months.
Only about 437,000 of the 864,000 UK sole traders and landlords in scope filed their first Making Tax Digital quarterly update by 7 August 2026 — close to half missed it. No penalty points apply this tax year, but HMRC begins forced enrolment in September 2026 and the next quarterly update is due 7 November 2026.
A practical guide to truffle orchard accounting — why a 5- to 10-year preproductive period triggers Section 263A capitalization, when the small-farmer election lets you expense instead, how to track costs by block, and when a block becomes productive and starts 10-year depreciation.
