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#sales-tax

Sales Tax

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

93 postsView all tags
Esports Gaming Lounge and LAN Center Bookkeeping: Memberships, Tournaments, and the 24-Month Refresh Cycle
·mike

Esports Gaming Lounge and LAN Center Bookkeeping: Memberships, Tournaments, and the 24-Month Refresh Cycle

How independent esports lounges and LAN centers handle ASC 606 deferred revenue on memberships, agent vs principal treatment for tournament prize pools, Section 179 expensing on a 24-month gaming PC refresh, 1099-NEC vs W-2 classification for casters and streamers, and the station-hour KPIs that separate 22% margin operators from the rest.

bookkeeping
small-business
revenue-recognition
Handcrafted Soap, Candle, and Cosmetics Maker Bookkeeping: A Schedule C Survival Guide for Cottage Producers
·mike

Handcrafted Soap, Candle, and Cosmetics Maker Bookkeeping: A Schedule C Survival Guide for Cottage Producers

How solo soap, candle, and natural cosmetics makers should structure Schedule C books — recipe-card COGS, the MoCRA small business exemption (under $1M average gross sales), the $2,500 de minimis safe harbor versus Section 179, and multistate sales tax across Etsy, Faire, and direct channels.

small-business
bookkeeping
cost-of-goods-sold
Independent Florist Bookkeeping: Perishable Inventory, Wire Services, and Wedding Deposits
·mike

Independent Florist Bookkeeping: Perishable Inventory, Wire Services, and Wedding Deposits

How independent florists should book perishable inventory shrinkage (5-30% industry range), wire-service traffic under the ASC 606 agent-vs-principal test, wedding deposits as deferred revenue, and Section 179 on coolers and refrigerated vans — with a florist-tuned chart of accounts and category gross-margin benchmarks of 35-60%.

bookkeeping
small-business
inventory
Self-Storage Facility Bookkeeping: Revenue Streams, Lien Sales, Tenant Protection Plans, and Cost Segregation
·mike

Self-Storage Facility Bookkeeping: Revenue Streams, Lien Sales, Tenant Protection Plans, and Cost Segregation

A working guide for self-storage operators on ASC 606 revenue recognition across rent, lien sale proceeds, deposits, and tenant protection plans; cost segregation that shifts 20–40% of basis into 5- and 15-year lives; and the economic occupancy and RevPAF KPIs lenders underwrite.

bookkeeping
real-estate
small-business
Independent Bicycle Shop and E-Bike Dealer Bookkeeping: Floorplan Curtailment, Service Margins, Lithium-Ion Compliance, and KPIs
·mike

Independent Bicycle Shop and E-Bike Dealer Bookkeeping: Floorplan Curtailment, Service Margins, Lithium-Ion Compliance, and KPIs

How independent bicycle and e-bike shops should book floorplan financing and curtailment, separate service labor from parts revenue, hold customer repair deposits as a liability, comply with UL 2849 and California SB 1271 lithium-ion rules, and track the KPIs floorplan lenders actually review.

bookkeeping
small-business
inventory
Wedding and Portrait Photography Studio Bookkeeping: Retainers, Second Shooters, Section 179, and Tave Reconciliation
·mike

Wedding and Portrait Photography Studio Bookkeeping: Retainers, Second Shooters, Section 179, and Tave Reconciliation

How independent wedding and portrait photographers should recognize booking retainers as deferred revenue under ASC 606, classify second shooters under the ABC test, capitalize mirrorless gear under Section 179, and reconcile Tave, Studio Ninja, and HoneyBook with the general ledger.

bookkeeping
revenue-recognition
creative-industries
Massage Therapy and Wellness Studio Bookkeeping: Booth Rental, Prepaid Packages, Sales Tax, and Tip Credits
·mike

Massage Therapy and Wellness Studio Bookkeeping: Booth Rental, Prepaid Packages, Sales Tax, and Tip Credits

A practical guide to the seven bookkeeping decisions that determine whether a massage therapy clinic survives a state labor audit — worker classification under the ABC test, ASC 606 deferred revenue for prepaid packages, retail sales tax on CBD and body care, Section 45B FICA tip credit eligibility, Section 179 expensing, MindBody and Vagaro reconciliation, and insurance prepayments.

bookkeeping
small-business
revenue-recognition
Online Course Creator Bookkeeping: ASC 606, Sales Tax After Wayfair, Stripe Fees, and Affiliate Commissions
·mike

Online Course Creator Bookkeeping: ASC 606, Sales Tax After Wayfair, Stripe Fees, and Affiliate Commissions

A bookkeeping framework for course creators on Teachable, Kajabi, and Thinkific covering ASC 606 recognition for cohorts and lifetime offers, state economic nexus after Wayfair, Stripe and PayPal reserve accounting, affiliate commission classification, and Section 179 studio capitalization.

bookkeeping
revenue-recognition
sales-tax
Scratch Bakery Bookkeeping: Recipe Cards, Shrink, Wholesale Margins, and Custom Cake Deposits
·mike

Scratch Bakery Bookkeeping: Recipe Cards, Shrink, Wholesale Margins, and Custom Cake Deposits

A bookkeeping guide for scratch bakeries covering standard recipe cards, ingredient yield, day-old shrink, retail vs. wholesale margin separation, ASC 606 deposit accounting for custom cakes, cottage food law revenue caps, and sales tax on prepared food.

bookkeeping
small-business
restaurant
Commercial Print Shop Bookkeeping: Press Hour Rate, ASC 606, and KPIs That Catch Margin Leaks
·mike

Commercial Print Shop Bookkeeping: Press Hour Rate, ASC 606, and KPIs That Catch Margin Leaks

A practical guide to commercial print and sign shop bookkeeping — calculating a loaded press hour rate, applying ASC 606 over-time recognition for customer-specific goods, tracking paper and ink spoilage with reserves, stacking Section 179 with 100 percent bonus depreciation on press equipment, and watching KPIs like press uptime and makeready waste that catch margin leaks before they reach the P&L.

job-costing
manufacturing
revenue-recognition
Pickleball Facility Bookkeeping: Deferred Revenue, Court-Hour KPIs, and Build-Out Depreciation
·mike

Pickleball Facility Bookkeeping: Deferred Revenue, Court-Hour KPIs, and Build-Out Depreciation

How owners of indoor and outdoor pickleball clubs should structure the chart of accounts, defer annual membership revenue under ASC 606, reconcile booking-platform payouts, and depreciate court build-outs so utilization rate, revenue per court-hour, and member retention fall out of the ledger automatically.

bookkeeping
small-business
revenue-recognition
Bowling Center & FEC Bookkeeping: Stored-Value Cards, Deferred Revenue, and ASC 606 Breakage
·mike

Bowling Center & FEC Bookkeeping: Stored-Value Cards, Deferred Revenue, and ASC 606 Breakage

How bowling centers and family entertainment centers should book stored-value game cards, league buy-ins, party deposits, and ASC 606 breakage — with a working chart of accounts, escheat-law pitfalls, and the operating KPIs lenders and buyers expect.

bookkeeping
accounting
small-business
Showing 61–72 of 93 posts