MYGAs, Explained: The CD Alternative Paying More With Tax Deferral
A MYGA is a CD from an insurer: ~1 point higher fixed yield, tax-deferred growth, but surrender charges, no FDIC, and a 10% IRS penalty before 59½.
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Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Michigan Cottage Food Just Got a Major Upgrade: Online Sales, a $50,000 Cap, and What HB 4122 and SB 93 Mean for Your Home Kitchen
Michigan HB 4122 doubles the cottage food cap to $50,000 and allows online sales; SB 93 raises the honey and maple syrup threshold to $25,000.
Mechanic's Liens, Explained: How Subcontractors Get Paid and How Owners Defend
A mechanic's lien secures your unpaid invoice against the property — but one missed notice or deadline voids it. US filing rules and owner defenses.
Lottery Retailer Bookkeeping: How to Track Commissions, Ticket Inventory, and Weekly EFT Sweeps
Lottery retailers keep 5-7% commissions while the state sweeps the rest weekly — track packs, reconcile EFT debits, and report Form 1099-NEC income.
Los Angeles Airbnb Enforcement in 2026: How SB 346 Data-Sharing Catches 120-Day Cap Violations in Days
California SB 346 forces Airbnb to share your address and nights booked with LA — 120-night cap breaches now surface automatically, at up to $2,060 a day.
Kosovo's €2,000 Cash Ceiling: A Compliance Guide for Cash-Heavy Small Businesses
Kosovo bans cash payments over €2,000 since June 2026 — route large sales through banks or cards and match every deposit to a fiscal coupon.
Your Office Phones Must Dial 911 Directly and Pinpoint the Caller: A Small Business Guide to Kari's Law and the RAY BAUM'S Act
Every business phone system must dial 911 with no prefix and send a dispatchable location — address plus floor, suite, or room — or face FCC fines.
Greece Freelancer Taxes in 2026: Surviving the Imputed-Income Squeeze and the October E-Invoicing Deadline
Greece taxes freelancers on imputed income of 12,320 euros for 2026 — and B2B e-invoicing via myDATA is mandatory from October 1.
Gen Z Founders Now Outnumber Baby Boomers in New Business Starts — Here's the Launch Playbook
Gen Z started 9% of new US businesses in 2025 vs 5% for Boomers; 60% of founders used AI to launch. Five money moves for leaner year-one startups.
Foreign Co-Owner in Your U.S. LLC? The Branch Profits Tax, Section 1446 Withholding, and Blockers Explained
Foreign co-owners make LLC profit effectively connected income: Section 1446 withholding, a 1040-NR filing, and a 30 percent branch tax for corporations.
Elective Pay: How Your Nonprofit Gets an IRS Cash Refund for Clean Energy
Section 6417 elective pay lets nonprofits and governments get clean energy credits as an IRS cash refund — register first, then file Form 990-T on time.
Who Paid the Premium Decides Who Pays the Tax: Disability Insurance Taxation for Employers and Employees
IRS rule: pre-tax disability premiums mean taxable benefits; after-tax premiums mean tax-free ones. Gross-up premiums into W-2 wages to protect employees.