Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
On a $25,000 domain sale, investor treatment costs roughly $3,750 while dealer treatment can exceed $9,000 — how Section 1221, the nine-factor hobby test, and per-name basis records decide which you are.
The defensive interval ratio divides cash, marketable securities and net receivables by daily cash operating expenses to state your runway in days. Half of small businesses hold under 15 buffer days — here is how to compute and lengthen yours.
Custom wig studios can bill medical clients under HCPCS code A9282 as a cranial prosthesis instead of a cosmetic wig sale — with insurance-ready invoices, physician prescriptions that unlock sales-tax exemptions, IRS Publication 502 deductions for clients, and separate books for cosmetic and medical revenue.
Public Act 26-73 takes effect October 1, 2026, requiring Connecticut employers to name specific monitored locations, post notices in each of them, and give new hires a plain-language statement. Penalties run $500 to $3,000.
Canada cancelled the two-thirds capital gains inclusion rate on March 21, 2025, but kept the $1.25M lifetime exemption — roughly $1,275,000 indexed for 2026. Here are the QSBC tests, CCA recapture, and 45(2)/45(3) elections that decide your bill.
Business casualty and theft losses skip the $100 and 10%-of-AGI floors, but are capped at adjusted basis, not replacement cost. How to measure the loss, handle insurance timing, and use the Section 165(i) prior-year election.
The Beneish M-Score combines eight financial-statement ratios into one score that flags likely earnings manipulators above −1.78; here is what each variable catches and how to use it in lending and acquisition due diligence.
From September 21, 2026, every Angolan business in the General or Simplified VAT regime must invoice through AGT-certified software with real-time reporting. Thresholds, penalties, and a 10-step checklist.
With 62% of finance professionals reporting an AI error has reached a client, this guide shows how to build a 50-document ground-truth test set, score field-level accuracy and straight-through rate, and set confidence thresholds for invoice extraction and expense classification.
Finance employers now hire three senior staff per entry-level hire, and a third of new hires quit within a year. Here is what that does to bookkeeping costs — $3,000–$4,500 a month in-house versus $300–$2,500 outsourced — and how to restructure around it.
OBBBA doubled the annual 529 K-12 withdrawal cap to $20,000 per student for 2026 and made tutoring, test fees, and credential programs qualified — but nonconforming states like California still tax the earnings and can recapture prior deductions.
Workday's Q2 FY2027 earnings — $2.649B revenue (+12.8%), 11.8% GAAP operating margin, and $2.57 diluted EPS that triples the year-ago $0.84 because of a $374M deferred-tax asset from an intra-entity IP transfer worth $1.52 per share. A double-entry Beancount breakdown that posts the one-off tax benefit on its own ledger line.
