Your Tax Deadline Falls on a Weekend. Do You Owe Penalties on Monday?
IRS Section 7503 moves any tax deadline landing on a weekend or D.C. holiday to the next business day — but state dates and EFTPS cutoffs don't always follow.
Blog
Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Paying a Signing Bonus? The 22% Withholding Rule, the Clawback Agreement, and the Month-Three Quit
Signing bonuses are IRS supplemental wages: withhold 22%, apply FICA in full, and sign the clawback before you pay — same-year repayments unwind cleanly.
Pet-Sitting Insurance: Why Care, Custody, and Control Coverage Matters More Than General Liability
General liability excludes pets in your care; a $100–$300 CCC endorsement closes the gap. Deduct premiums on IRS Schedule C, Line 15.
Don't Wait Until January: Start Your Year-End Tax Prep This October
Start year-end tax prep in October: collect W-9s under the IRS $2,000 1099 rule, clean up vendors, reconcile Q3, and calendar every deadline.
NYC's Click-to-Cancel Rule Is Now in Effect: What Subscription Sellers Must Do to Comply
NYC's click-to-cancel rule is live: online cancellation is mandatory, renewals need 15-to-45-day notice, and fines run $525 to $3,500 per violation.
Nike FY2027 Q1 Earnings: Better Margins, a Weaker Sales Outlook
Nike's FY2027 Q1 gross margin rose 60 bps to 42.8% as revenue fell 4% to $11.2B and China sank 22%. Trace the $712M profit in a public ledger.
Micron FY2026 Q4 Earnings: An $85B Year, With Cash to Match
Micron's FY2026 revenue rose 256% to $133.2B and net income hit $85.0B; $62.3B of adjusted free cash flow backs it, but $12.7B of deposits carry obligations.
Lost Your EIN Confirmation? CP575 vs. Letter 147C and How to Get Proof Fast
The IRS never reprints the CP575 — request a 147C at 1-800-829-4933 or download the digital CP575 from your Business Tax Account.
Got a Math Error Notice? The IRS Already Changed Your Return — You Have 60 Days to Push Back
A math error notice means the IRS already assessed the tax — request an abatement within 60 days or lose prepayment Tax Court rights.
Heirs Property: How Dying Without a Will Puts Your Family Land at Risk of a Forced Sale
Any co-owner of US heirs property can force a sale of the whole parcel. How partition sales work, what the Uniform Act changed, and how USDA loans help.
Living on a Fellowship or Research Stipend? What the IRS Taxes, What It Doesn't, and How to Report It With No W-2
Fellowship stipends spent on living expenses are taxable under Section 117 — report them on Schedule 1, line 8r and pay quarterly estimates.
Ghost Assets Are Inflating Your Balance Sheet: How to Find and Remove Them
Ghost assets — equipment on your books but long gone — run 10-30% of fixed asset registers; a yearly physical count plus disposal entries clears them.