Skip to main content

#business

Business

Business finance strategies and accounting best practices for success

137 postsView all tags
Protecting Margins When Costs Rise: Repricing, Cost Control, and Resilience Strategies for 2026
·mike

Protecting Margins When Costs Rise: Repricing, Cost Control, and Resilience Strategies for 2026

Margins don't collapse in a crisis — they leak in small cost steps. A quarterly loop to measure by SKU/channel, reprice in structure, cut waste not wages, and keep a buffer.

small-business
finance
entrepreneurship
The Cash Balance Plan: How High-Earning Business Owners Contribute $200,000+ a Year Toward Retirement
·mike

The Cash Balance Plan: How High-Earning Business Owners Contribute $200,000+ a Year Toward Retirement

Beyond the 401(k): how owners 50+ use a cash balance pension to deduct $200k–$400k a year — who benefits, what it costs, and why it requires annual funding and actuarial discipline.

retirement
small-business
finance
Writing Down Obsolete and Slow-Moving Inventory: Lower of Cost or Net Realizable Value Explained
·mike

Writing Down Obsolete and Slow-Moving Inventory: Lower of Cost or Net Realizable Value Explained

Don't carry dead stock at full cost — GAAP's lower of cost or NRV rule requires writing obsolete and slow-moving inventory down to what you can actually realize, with a repeatable month-end workflow.

inventory
bookkeeping
small-business
Lease vs. Buy Equipment in 2026: Section 179, Total Cost of Ownership, and the Real Tax Math
·mike

Lease vs. Buy Equipment in 2026: Section 179, Total Cost of Ownership, and the Real Tax Math

Don't compare monthly payments — compare after-tax lifetime cost. How Section 179, 40% bonus depreciation, and ASC 842 change the lease vs. buy math in 2026.

small-business
tax-compliance
bookkeeping
The 2026 Form 990 Transparency Overhaul: What Nonprofits Must Disclose About Government Grants and Fiscal Sponsorships
·mike

The 2026 Form 990 Transparency Overhaul: What Nonprofits Must Disclose About Government Grants and Fiscal Sponsorships

Treasury proposes granular Form 990 disclosure of government grants and fiscal sponsorships — with structured data and automated review. Build the grant register and project ledger now.

nonprofit
tax-compliance
compliance
Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit
·mike

Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit

One missing resale certificate can reprice years of sales as taxable — collect the right form at checkout, validate it on receipt, renew 60 days before expiry, and tie every certificate to its invoices.

sales-tax
tax-compliance
small-business
Form 3800 General Business Credit: Stacking R&D, WOTC, FICA Tip, and Childcare Credits Under the 25/75 TMT Limit
·mike

Form 3800 General Business Credit: Stacking R&D, WOTC, FICA Tip, and Childcare Credits Under the 25/75 TMT Limit

How Form 3800 aggregates 40-plus business tax credits into one limitation, why the 25/75 tentative minimum tax floor matters, and how eligible small businesses (≤$50M gross receipts) can offset AMT with R&D, WOTC, FICA Tip, and other specified credits.

tax-credits
tax-planning
tax-compliance
Trump's 2026 Small Business Tax Changes: OBBBA Permanent QBI, Bonus Depreciation, and Tariff Impact
·mike

Trump's 2026 Small Business Tax Changes: OBBBA Permanent QBI, Bonus Depreciation, and Tariff Impact

OBBBA made the 20% QBI deduction and 100% bonus depreciation permanent for 2026, while tariffs near 19% cost U.S. small businesses about $85 billion a year. Here is what changed, who benefits, and how to plan.

small-business
tax-planning
tax-deductions
Net Operating Loss Carryforward: How to Turn a Bad Business Year Into Future Tax Savings
·mike

Net Operating Loss Carryforward: How to Turn a Bad Business Year Into Future Tax Savings

Net operating losses generated after 2021 carry forward indefinitely but can offset only 80% of future taxable income. This guide covers the calculation, the Section 461(l) excess business loss limit, Form 1045 vs. 1040-X, and the bookkeeping practices that keep an NOL defensible years later.

tax-planning
tax-deductions
small-business
The Proposal Letter That Wins: A Template and Playbook for Closing More Business
·mike

The Proposal Letter That Wins: A Template and Playbook for Closing More Business

A section-by-section proposal letter template with a real fractional-CFO example, win-rate data on customization and speed, the five mistakes that quietly lose deals, and a seven-point pre-send checklist.

templates
freelance
consulting
The Change Order Playbook: How to Handle Scope Changes Without Losing Money or Clients
·mike

The Change Order Playbook: How to Handle Scope Changes Without Losing Money or Clients

A change order is a written, signed amendment to a contract documenting changes in scope, price, or timeline. This guide covers what every template should contain, when to issue one, and the four habits that turn paperwork into enforceable agreements for service businesses.

contracts
templates
small-business
Price Increase Letter to Clients: A Service Business Playbook
·mike

Price Increase Letter to Clients: A Service Business Playbook

A practical playbook for writing a price increase letter that retains clients — covering timing (30/60/90-day notice), the six required elements, industry-specific phrasing, two adaptable templates, and a 60-day rollout timeline for service businesses.

pricing
pricing-strategies
small-business
Showing 49–60 of 137 posts