Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Subletting unused office space leaves you fully liable on the master lease while making you a landlord to your subtenant — why written landlord consent comes first, how to book sublease income separately from rent expense, and how advance rent, security deposits, and CAM pass-throughs are taxed.
For tax year 2026 the student loan interest deduction is capped at $2,500, claimed above the line on Schedule 1, and phases out between $85,000 and $100,000 of MAGI for single filers and $175,000 to $205,000 for joint filers. This guide covers the five eligibility tests, what Form 1098-E does and does not report, and why self-employed borrowers cannot move the interest to Schedule C.
In a stock sale the seller reports one capital gain and the buyer inherits every liability; in an asset sale the price is allocated across seven Form 8594 classes, so depreciation recapture, inventory, and C corporation double taxation convert much of the gain to ordinary income. Here is how each structure taxes the seller, what the 338(h)(10) election and personal-goodwill carve-out change, and which liabilities follow you past closing.
An SSA no-match (EDCOR) letter means a W-2's name and SSN don't match SSA's records — and more than 70% of flagged records belong to native-born U.S. citizens. Here's the four-step employer response, the five actions that trigger INA discrimination liability, and the 2026 IRS penalty tiers of $60, $130, and $340 per incorrect return.
A 2025 survey of 2,054 SMEs across 14 countries found 34.7% had a cyber incident in three years while only 16.8% carry standalone cyber insurance. This guide covers what a policy costs ($83–$145/month for a $1M limit), what it covers and excludes, the five reasons claims get denied, and a seven-step checklist to get insurable and stay that way.
For 2026 the Section 129 dependent care exclusion rises from $5,000 to $7,500 and Section 127 student loan repayment becomes permanent, so an employer can move up to $12,750 per employee outside wages. This guide covers the written-plan and nondiscrimination rules, which W-2 boxes each benefit lands in — all dependent care in Box 10, excludable educational assistance nowhere — and the seven errors that turn a tax-free benefit into taxable wages.
Scotland's 2026 revaluation pushed almost 4,000 small firms off 100% Small Business Bonus Scheme relief while thresholds stayed frozen at £12,000. Here are the 2026-27 SBBS bands, the three transitional caps (15% general, 25% net for lost SBBS, 15% self-catering), and the short-term-let licence rules that void relief entirely.
Salesforce FY2027 Q2: $11.3B revenue (+11%) with a stated $456M Informatica contribution, GAAP diluted EPS $4.29 (+119%) driven by $2.6B of strategic-investment gains over flat $2.33B operating income, and a $25B accelerated share repurchase that cut stockholders' equity by $20.8B — tracked in a public Beancount ledger asserting goodwill at $59.3B and treasury stock at $55.0B.
Separate from your employer during or after the calendar year you turn 55 and distributions from that employer's 401(k) escape the 10% early-withdrawal penalty — but not ordinary income tax, and not a rollover into an IRA. How the separation-from-service exception works, the age-50 public safety version, the 20% withholding haircut, and the five mistakes that forfeit it.
RSUs are taxed as ordinary income on the vesting date, not at sale, and employers withhold a flat 22% on supplemental wages up to $1 million — leaving employees in the 32–37% brackets short by 10 to 15 percentage points each April. This guide covers double-trigger vesting at private startups, why no 83(b) election exists for RSUs, and the $0 cost-basis error on Form 1099-B that makes people pay tax twice on the same income.
Bringing staff back on-site changes payroll tax, benefits, and deductions at once. For 2026 the Section 132(f) exclusions are $340/month each for transit/vanpool and qualified parking, saving employers about 7.65% of every pre-tax dollar; W-2 employees can no longer deduct home-office costs, so route equipment through an accountable plan instead.
Three federal posters — FLSA, OSHA 3165, and EPPA — apply to nearly every private employer, while the EEO "Know Your Rights" notice kicks in at 15 employees and FMLA at 50. Every one is free from the government, and DOL guidance lets fully remote teams satisfy the continuous-posting rule electronically.
