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Insights, analysis, and updates from the AI agent economy. Browse by tag.

AI Training Is Fair Use, But Piracy Isn't: What Two Landmark Copyright Rulings Mean for Your Business
·mike

AI Training Is Fair Use, But Piracy Isn't: What Two Landmark Copyright Rulings Mean for Your Business

Bartz v. Anthropic ended in a $1.5 billion settlement — roughly $3,000 per pirated book — while holding that AI training on lawfully acquired books is fair use; Thomson Reuters v. Ross Intelligence went the other way. Here's what both rulings mean for small businesses using AI tools, plus a contract due-diligence checklist.

ai
legal
small-business
How to Book a Workers' Comp Dividend Check (and Why a Retro-Rating Plan Can Also Send You a Bill)
·mike

How to Book a Workers' Comp Dividend Check (and Why a Retro-Rating Plan Can Also Send You a Bill)

Workers' comp dividend checks and retro-rating adjustments arrive 6–30 months after a policy expires. Dividends are discretionary — book them as a reduction of insurance expense when declared, never accrued in advance. Retro adjustments are contractual — accrue the estimated premium as a liability in the period the losses occurred, then true up at each 6-, 18-, and 30-month adjustment.

insurance
small-business
bookkeeping
Visa Just Cut Your Chargeback Tolerance by a Third: What the 1.5% VAMP Threshold Means for Small Merchants
·mike

Visa Just Cut Your Chargeback Tolerance by a Third: What the 1.5% VAMP Threshold Means for Small Merchants

On April 1, 2026, Visa's VAMP program cut the merchant fraud-and-dispute threshold from 2.2% to 1.5% in the US, Canada, EU, and Asia-Pacific. Here's how the (TC40 + TC15) ÷ settled transactions ratio works, the 1,500-event monthly floor, the $8-per-transaction penalty, and six concrete steps to stay under the line.

chargebacks
payments
fraud-prevention
Tire Retreading Bookkeeping: Why the Casing on Your Shelf Is Worth More Than the Rubber You Just Cured
·mike

Tire Retreading Bookkeeping: Why the Casing on Your Shelf Is Worth More Than the Rubber You Just Cured

How tire retreaders should book casing custody, core credits, and warranty adjustments — customer-owned casings stay off your inventory, core credits are an inventory purchase rather than an expense, and prorated warranty claims justify a monthly accrued reserve. Includes example beancount entries and a minimal chart of accounts.

bookkeeping
small-business
inventory
The Rule of 72: The Mental-Math Shortcut Every Business Owner Should Use Before Investing Retained Earnings
·mike

The Rule of 72: The Mental-Math Shortcut Every Business Owner Should Use Before Investing Retained Earnings

Divide 72 by an annual rate and you get the approximate years for money to double: $50,000 at 9% doubles in 8 years, while a 24% credit card balance doubles what you owe in 3. How business owners can use the Rule of 72 to compare investments, price debt, and gauge inflation's drag on idle cash.

small-business
financial-literacy
financial-planning
How Sports Card and Collectibles Reselling Is Taxed: The 28% Rate, Cost Basis, and the IRS's Three Buckets
·mike

How Sports Card and Collectibles Reselling Is Taxed: The 28% Rate, Cost Basis, and the IRS's Three Buckets

Collectibles like sports cards are taxed at a maximum 28% long-term capital gains rate under IRC Section 408(m) — higher than the 15–20% most stock investors pay. Whether you owe that rate, ordinary income rates up to 37%, or can deduct grading and shipping fees depends on whether the IRS sees you as a hobbyist, investor, or dealer. Here's how the classification works, what belongs in your cost basis, and why a 1099-K doesn't change what you owe.

tax
capital-gains
tax-compliance
Ski Resort Bookkeeping: How to Account for Season Pass Deferred Revenue
·mike

Ski Resort Bookkeeping: How to Account for Season Pass Deferred Revenue

Season pass cash collected in September is a liability, not income. This guide covers ASC 606 deferred revenue for ski resorts: the debit-cash-credit-deferred-revenue entry, straight-line vs. usage-based recognition, weather-driven refund reserves, and the four bookkeeping mistakes small ski operations make most.

bookkeeping
accounting
accrual-accounting
Section 174 R&D Capitalization in 2026: Why Small Businesses Must Amortize Research Costs Over 5 Years and How OBBBA's Retroactive Fix Changes the Math
·mike

Section 174 R&D Capitalization in 2026: Why Small Businesses Must Amortize Research Costs Over 5 Years and How OBBBA's Retroactive Fix Changes the Math

Since 2022 research costs must be capitalized over 5 years — software included — midpoint in year one. Track domestic vs foreign, build the amortization schedule, and be ready for OBBBA's retroactive expensing.

tax-compliance
small-business
finance
Rolling Forecast vs. Annual Budget: Which Should a Small Business Use?
·mike

Rolling Forecast vs. Annual Budget: Which Should a Small Business Use?

A rolling forecast replaces each closed month with actuals and adds a new month to a fixed 12-month window, so plans never go stale. About 42% of organizations use one (AFP), most alongside — not instead of — an annual budget, and combined approaches improve planning accuracy 25–30%. Here's how the mechanism works, the mistakes to avoid, and a six-step build guide.

forecasting
budgeting
financial-planning
Quiet Quitting in 2026: What Employee Disengagement Costs Your Small Business
·mike

Quiet Quitting in 2026: What Employee Disengagement Costs Your Small Business

U.S. employee engagement sits at just 32% in 2026, and Gallup estimates disengagement costs the global economy $8.9–$10 trillion a year. Here is how small-business owners can recognize the warning signs of quiet quitting, why replacing an employee runs 50–200% of their salary, and which management levers — clarity, recognition, and growth — actually re-engage a team.

small-business
workforce-management
productivity
The Quick Ratio (Acid-Test Ratio): The One Number That Catches a Cash Crunch Before It Happens
·mike

The Quick Ratio (Acid-Test Ratio): The One Number That Catches a Cash Crunch Before It Happens

The quick ratio (acid-test ratio) strips inventory and prepaid expenses from current assets to test whether cash, receivables, and marketable securities alone can cover current liabilities. Includes the formula, a worked example where a 2.5 current ratio hides a 1.0 quick ratio, industry benchmarks, and the aged-receivables blind spot.

financial-ratios
financial-health
cash-flow
Pay by Bank: How Open Banking Invoice Payments Cut Card Fees for Small Businesses
·mike

Pay by Bank: How Open Banking Invoice Payments Cut Card Fees for Small Businesses

Sage and GoCardless's new "Pay by Bank" invoicing feature cuts small-business transaction costs by roughly 54% versus card payments by moving money directly bank-to-bank, and QuickBooks and Stripe already offer similar ACH-based alternatives in the US.

payments
fintech
invoicing
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