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

How Is Stock Photo and Video Licensing Income Taxed? A Contributor's Guide
·mike

How Is Stock Photo and Video Licensing Income Taxed? A Contributor's Guide

Stock photo and video royalties from platforms like Adobe Stock and Shutterstock are almost always Schedule C income subject to 15.3% self-employment tax — not passive royalties. This guide covers the hobby-vs-business test, reconciling multi-platform 1099s, deducting gear via Section 179 ($2,560,000 limit) or 100% bonus depreciation, and when quarterly estimated payments kick in.

tax
self-employment-tax
creative-industries
Bookkeeping for Code-Audit Firms: How to Book Static Audits, Hourly Remediation, and Resold SAST Subscriptions
·mike

Bookkeeping for Code-Audit Firms: How to Book Static Audits, Hourly Remediation, and Resold SAST Subscriptions

A code-audit firm selling fixed-scope static audits, hourly remediation, and resold SAST subscriptions runs three ASC 606 revenue-recognition rules under one roof — point-in-time, as-performed, and ratable. This guide covers the chart of accounts to separate them, the principal-vs-agent test for reseller margin, and a worked example posting one client engagement across unearned revenue, unbilled receivables, and subscription margin.

bookkeeping
revenue-recognition
consulting
State Data Breach Notification Laws in 2026: A 50-State Compliance Playbook for Small Businesses
·mike

State Data Breach Notification Laws in 2026: A 50-State Compliance Playbook for Small Businesses

Every state requires breach notice and size doesn't exempt you — map the 30/45/60-day clocks, California SB 446's 30-day and 15-day AG rule, 500/1000 thresholds, risk-of-harm, and run on the shortest deadline.

compliance
small-business
business
South Dakota's New Nicotine Licenses: What SB 221 and HB 1220 Require of Retailers and Distributors by July 1, 2026
·mike

South Dakota's New Nicotine Licenses: What SB 221 and HB 1220 Require of Retailers and Distributors by July 1, 2026

Starting July 1, 2026, South Dakota's SB 221 requires a per-location retail license to sell any nicotine product — including vapes and pouches — while HB 1220 raises the wholesaler/distributor license fee from $150 to $1,000 per location. Unlicensed retail sales carry a $500-per-day fine, and retailers must source only from state-licensed wholesalers.

licenses
permits
compliance
Snow Cone and Shaved Ice Truck Bookkeeping: Pricing and Cash Flow for a Four-Month Season
·mike

Snow Cone and Shaved Ice Truck Bookkeeping: Pricing and Cash Flow for a Four-Month Season

A snow cone costs $0.15–$1.25 to make and sells for $2–$5, but that 200–300% margin only covers costs if fixed expenses like truck payments and insurance are spread across a realistic 12–16 week selling season instead of a full year.

seasonal-business
cash-flow
small-business
Connecticut's Shrinkflation Disclosure Law (HB 6856): What Small Food Businesses Need to Know
·mike

Connecticut's Shrinkflation Disclosure Law (HB 6856): What Small Food Businesses Need to Know

Connecticut's HB 6856 would be the first US state law to regulate shrinkflation, requiring food manufacturers to post a clear notice for 12 months whenever they shrink a product without cutting its price — enforced as an unfair trade practice by the state Attorney General. Here's who the bill covers, the slack-fill litigation risk that already exists, and how to keep COGS and margin records accurate through a package resize.

small-business
compliance
legal
The SBA's New 90% Grocery Guarantee: A Financing Lifeline for Small Grocers and Food Suppliers
·mike

The SBA's New 90% Grocery Guarantee: A Financing Lifeline for Small Grocers and Food Suppliers

The SBA's 2026 Grocery Guarantee raises its loan guarantee from 75% to 90% for roughly 20 qualifying food-supply-chain NAICS codes, covering loans up to $5 million with terms up to 25 years, and backed 19 loans totaling more than $30 million in its first month.

sba
loans
small-business
The SBA's 90% Grocery Guarantee: A Financing Guide for Small Grocers and Food Businesses
·mike

The SBA's 90% Grocery Guarantee: A Financing Guide for Small Grocers and Food Businesses

The SBA's 90% Grocery Guarantee, launched May 2026, raises the federal guarantee on food-supply-chain loans from 75% to 90% — up to $5 million over 25 years — and approved $30 million in its first month. Here's who qualifies, how it differs from a standard 7(a) loan, and what lenders need to see in your books before you apply.

sba
loans
financing
Poshmark and Depop Taxes: What Clothing Resellers Owe, With or Without a 1099-K
·mike

Poshmark and Depop Taxes: What Clothing Resellers Owe, With or Without a 1099-K

The federal 1099-K threshold is back at $20,000 and 200 transactions, but reselling profit is taxable either way. How Poshmark and Depop sellers should handle hobby-vs-business classification, the nondeductible personal-use loss rule under IRC Section 165(c), cost of goods sold, and reconciling income across platforms that report gross vs. net.

tax
e-commerce
side-hustle
Pet Waste Removal Business Bookkeeping: Route Density, Deferred Revenue, and the Real Unit Economics
·mike

Pet Waste Removal Business Bookkeeping: Route Density, Deferred Revenue, and the Real Unit Economics

Pet waste removal services gross $20–$45 per visit at ~50% gross and ~20% net margins, with top operators reporting $2M+ in annual revenue. This bookkeeping guide covers the metrics that actually decide profitability — revenue per route-hour, deferred revenue on prepaid subscriptions, and separating residential cash flow from invoiced commercial contracts.

bookkeeping
small-business
revenue-recognition
PCAOB Opens First-Ever Public Comment on Its Standard-Setting Agenda: What to Know Before August 7, 2026
·mike

PCAOB Opens First-Ever Public Comment on Its Standard-Setting Agenda: What to Know Before August 7, 2026

The PCAOB opened its first-ever public comment period on its standard-setting and research agenda on June 23, 2026, with comments due August 7, 2026 on focus areas, its general approach, and the SEC's semiannual reporting proposal.

cpa
audit
compliance
New Jersey Just Made Family Leave a Small-Business Problem: What the July 17 NJFLA Expansion Actually Requires
·mike

New Jersey Just Made Family Leave a Small-Business Problem: What the July 17 NJFLA Expansion Actually Requires

New Jersey's Family Leave Act drops its employer-coverage threshold from 30 to 15 employees on July 17, 2026 (then 10 in 2027 and 5 in 2028), while employee eligibility shortens from 12 months/1,000 hours to 3 months/250 hours worked.

compliance
payroll
small-business
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