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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

Florida's Series LLC Law Takes Effect July 1, 2026: A Small Business Guide to Protected Series, Liability Shields, and Per-Series Bookkeeping

Florida's Senate Bill 316 authorizes protected series LLCs starting July 1, 2026 — one parent LLC can house multiple legally segregated series. This guide explains formation and naming, what keeps the liability shield intact, how the IRS treats each series as a separate taxpayer, and the per-series bookkeeping that makes the structure hold up.

Indoor Golf Simulator Lounge Bookkeeping: Bay Rentals, Memberships, and Hardware Depreciation Done Right

America has 3,849 indoor golf venues with a median bay rate of $40 per hour. Learn how to book bay rentals vs memberships with deferred revenue, capitalize and depreciate $15K–$40K simulator hardware under 2026 Section 179 ($2.56M) and 100% bonus, and why waiting a full season before selling annual passes protects cash flow.

Can the IRS Drain Your Bank Account Without a Court Order? Levies, the 21-Day Freeze, and Your CDP Hearing Rights

The IRS can levy bank accounts and wages without a court order under Section 6331, but must send a Final Notice (LT11/Letter 1058) and offer a 30-day Collection Due Process hearing under Section 6330. Banks must hold levied funds 21 days under Section 6332(c), giving owners time to prove hardship or propose an alternative.

When Your Nonprofit's Crypto Staking Rewards Trigger UBIT: How Frequent Trading and the New Form 1099-DA Create Unrelated Business Income Exposure in 2026

Crypto staking rewards and frequent token trading can trigger unrelated business income tax for nonprofits. Learn the three-part UBIT test, when dominion and control makes rewards taxable, how Form 1099-DA and 1099-MISC report differently in 2026, and a bookkeeping checklist to track lots and file Form 990-T.

QuickBooks Online Just Raised Advanced to $340 a Month — What to Do Before Your Next Bill

Intuit raised QuickBooks Online prices on August 1, 2026 for renewals — Essentials to $85, Plus to $140, and Advanced to $340 a month (70%). Learn which plans changed, how the per-user and per-company math stacks up, the 12-month renew-vs-downgrade-vs-switch framework, and the bookkeeping checklist to keep your audit trail and cutoff clean.

Revenue-Based Financing vs. Merchant Cash Advance: What You're Really Paying and How to Keep the Books Clean

A $50,000 advance at 1.30x costs $15,000 either way — but repaid over 20 months at 8% of revenue it annualizes near 18%, while the same fee via $400 daily debits over 7 months behaves like 80%+ APR. Learn how to convert factor rates to comparable APRs, when RBF vs. MCA fits, and the liability and processor-reconciliation entries that keep your books honest.

SBA Is Ending the 8(a) Social Disadvantage Presumption: What the New Test Means for Your Federal Contracting Plans

SBA's June 11 proposed rule and August 11 final rule eliminate the rebuttable presumption of social disadvantage for 8(a) applicants. Learn the new three-actor test, who it affects, the September 10 effective date for pending applications, and the DCAA-ready bookkeeping controls you need before your first set-aside award.