Skip to main content

#sales-tax

Sales Tax

Sales tax compliance, nexus rules, filing requirements, and tax automation for businesses

93 postsView all tags
Ghost Kitchen and Virtual Restaurant Bookkeeping: How Multi-Brand Delivery-Only Operators Untangle DoorDash, Uber Eats, and Grubhub Revenue Under ASC 606
·mike

Ghost Kitchen and Virtual Restaurant Bookkeeping: How Multi-Brand Delivery-Only Operators Untangle DoorDash, Uber Eats, and Grubhub Revenue Under ASC 606

How multi-brand ghost kitchens record gross revenue under ASC 606, segregate marketplace-facilitated sales tax from DoorDash, Uber Eats, and Grubhub payouts, allocate shared kitchen costs across virtual brands, and compute contribution margin per brand and platform.

restaurant
bookkeeping
revenue-recognition
The Bridal Shop Owner's Bookkeeping Guide: Special-Order Deposits, Consignment Inventory, and the KPIs That Matter
·mike

The Bridal Shop Owner's Bookkeeping Guide: Special-Order Deposits, Consignment Inventory, and the KPIs That Matter

How independent bridal shop owners book special-order deposits under ASC 606, separate memo and consignment from owned inventory, navigate the ABC test for in-house seamstresses, handle multi-state sales tax after Wayfair, capitalize bridal suite buildouts, and track the operational KPIs that signal real profitability.

bookkeeping
small-business
revenue-recognition
Inside the Coin Shop Ledger: AML Compliance, Spot-Price Inventory, and Buy-Sell Spread Accounting for Bullion and Numismatic Dealers
·mike

Inside the Coin Shop Ledger: AML Compliance, Spot-Price Inventory, and Buy-Sell Spread Accounting for Bullion and Numismatic Dealers

A working guide for owner-operators of coin and bullion shops covering ASC 606 revenue streams, spot-price inventory methods, Form 8300 and 1099-B triggers, 31 CFR 1027 AML duties, Section 408(m) IRA fulfillment, and the KPIs (buy-sell spread, turn-earn index, GMROI) that separate profitable shops from break-even ones.

inventory
bookkeeping
compliance
Independent Donut Shop and Specialty Pastry Bakery Bookkeeping: A Field Guide to Revenue, Inventory, Payroll, and KPIs
·mike

Independent Donut Shop and Specialty Pastry Bakery Bookkeeping: A Field Guide to Revenue, Inventory, Payroll, and KPIs

An owner-operator's guide to independent bakery bookkeeping — six ASC 606 revenue streams, Section 263A inventory costing, W-2 vs 1099 classification, the Section 45B FICA tip credit, Section 179 equipment depreciation, multistate sales tax under Wayfair, and the prime-cost and sell-through KPIs that separate profitable bakeries from undercapitalized ones.

bookkeeping
small-business
restaurant
Escape Room Bookkeeping: ASC 606 Deferred Revenue, QIP Cost Segregation, and the RevPASH KPIs Independent Operators Track
·mike

Escape Room Bookkeeping: ASC 606 Deferred Revenue, QIP Cost Segregation, and the RevPASH KPIs Independent Operators Track

A field guide for independent escape room and immersive entertainment operators covering ASC 606 deferred revenue on group bookings, no-show breakage, Section 179 and QIP cost segregation on custom sets, W-2 classification for game masters, and the RevPASH and per-room KPIs that separate strong venues from struggling ones.

bookkeeping
revenue-recognition
section-179
Bookkeeping for the Independent Gun Store: A&D Books, Form 4473, ITAR, and Range KPIs
·mike

Bookkeeping for the Independent Gun Store: A&D Books, Form 4473, ITAR, and Range KPIs

How ATF Type 01 FFL dealers should structure their books to reconcile the A&D bound book to the POS daily, recognize ASC 606 revenue across firearms, range, and training, capitalize indoor range buildouts under Section 179 and cost segregation, and track lane-hour and attach-rate KPIs that actually predict profitability.

bookkeeping
compliance
small-business
Karaoke Bar and Private KTV Lounge Bookkeeping: A Practical Guide for Owner-Operators
·mike

Karaoke Bar and Private KTV Lounge Bookkeeping: A Practical Guide for Owner-Operators

A working guide to karaoke bar and KTV lounge bookkeeping that covers ASC 606 timing for room rental and bottle service, ASCAP/BMI/SESAC/GMR license amortization, the Section 45B FICA tip credit, Section 179 and cost segregation on the build-out, dram-shop reserve accounting, and the RevPARH and pour-cost KPIs operators actually read.

bookkeeping
restaurant
revenue-recognition
Paintball Field, Airsoft Park, and Indoor Laser Tag Arena Bookkeeping: A Practical Operator's Guide
·mike

Paintball Field, Airsoft Park, and Indoor Laser Tag Arena Bookkeeping: A Practical Operator's Guide

A field-tested bookkeeping playbook for paintball, airsoft, and laser tag operators — six revenue streams under ASC 606, paint and CO2 inventory, Section 179 vs. QIP capitalization, ASTM F1776 liability handling, and the ARPV, RevPAH, and group-mix KPIs that drive profitability.

bookkeeping
revenue-recognition
small-business
The Yarn Shop and Quilt Store Bookkeeping Playbook: Classes, Subscriptions, Long-Arm Services, and the Multistate Tax Trap
·mike

The Yarn Shop and Quilt Store Bookkeeping Playbook: Classes, Subscriptions, Long-Arm Services, and the Multistate Tax Trap

How independent yarn shops, quilt stores, and sewing retailers should handle ASC 606 revenue recognition for classes and block-of-the-month subscriptions, marketplace-facilitator sales tax across Shopify and Etsy, Section 179 long-arm equipment write-offs, contractor-versus-employee rules for instructors, and the KPIs—from sales per square foot to subscription retention—that separate thriving needlearts shops from struggling ones.

bookkeeping
small-business
revenue-recognition
Antique Dealer and Consignment Mall Bookkeeping: ASC 606, Bailee Inventory, and the Section 1221 Trap
·mike

Antique Dealer and Consignment Mall Bookkeeping: ASC 606, Bailee Inventory, and the Section 1221 Trap

Antique dealers handle per-piece tax classifications, principal-versus-agent revenue questions, and marketplace facilitator sales tax obligations that off-the-shelf retail systems mishandle. This guide explains how to book direct purchases, consignments, and multi-dealer mall sales under ASC 606, the Section 1221 capital-gain trap, and the collectibles 28 percent rate.

consignment-accounting
inventory
sales-tax
Bed-and-Breakfast Bookkeeping: OTA Commissions, Occupancy Tax, and the Section 280A Trap
·mike

Bed-and-Breakfast Bookkeeping: OTA Commissions, Occupancy Tax, and the Section 280A Trap

How small inns and B&Bs should record OTA commissions at gross under ASC 606, hold transient occupancy tax in fiduciary accounts, navigate the Section 280A live-in owner trap, and stack Section 47 historic credits with cost segregation.

bookkeeping
small-business
revenue-recognition
Cannabis Dispensary Bookkeeping Under Section 280E: COGS, METRC, FinCEN BSA, and the KPIs MSOs Track
·mike

Cannabis Dispensary Bookkeeping Under Section 280E: COGS, METRC, FinCEN BSA, and the KPIs MSOs Track

How disciplined cannabis dispensaries build books that survive Section 280E—segregating COGS from disallowed expenses, applying the Section 471(c) small-taxpayer carve-out, reconciling METRC to the POS to the general ledger daily, handling FinCEN BSA cash-banking and Form 8300 reporting, and reporting the sales-per-square-foot and basket-size KPIs MSO lenders read.

tax-compliance
bookkeeping
inventory
Showing 49–60 of 93 posts