Archery Range Bookkeeping: JOAD Deferred Revenue, Pro-Shop Margins, and Lane-Hour Utilization
Split lane, program, and pro-shop revenue; defer JOAD season fees until each session is delivered; and track revenue per lane-hour weekly.
#small-business
Small Business
Financial management strategies and tools for small business owners
Why Your Bonus Check Gets a Flat 22 Percent Withheld
The IRS lets employers withhold a flat 22% on bonuses up to $1M and 37% above it. That's withholding, not your tax rate; the gap settles when you file.
Canopy's AI Bookkeeping Flags Dirty Books All Month: Your Guide to Continuous Close Software
Canopy Bookkeeping watches your ledger all month and flags miscodes the day they appear — but AI errors are systematic, so pair it with weekly human review.
Cash Flow Overtook Inflation as Small Business Owners' Top Worry in Q1 2026: What It Means for Your Runway
In Q1 2026, 31% of small business owners named cash flow their top worry, passing inflation. With a 27-day median buffer, track runway in days.
Commuting vs. Business Mileage: When Your Drive Is Deductible and When It Never Is
Home-to-work driving is never deductible, but a qualifying home office or temporary site flips the same miles to IRS business mileage at 76 cents each.
Are Your Emails With Your CPA Privileged? Kovel Agreements, Section 7525, and Where Protection Stops
There is no US accountant-client privilege: Section 7525 shields only civil IRS tax advice, while a Kovel arrangement via counsel also holds in criminal cases.
Driveway Gate Automation Installer Bookkeeping: UL 325 Safety Costs, Job Margins, and Service Contracts
Cost UL 325 safety devices as their own COGS line, target 50% gross and 15–20% net, and book gate maintenance contracts as deferred revenue.
Got an EEOC Charge? A Small Employer's Playbook From Notice to Mediation
An EEOC charge is an allegation, not a verdict: block retaliation, file a documented position statement in ~30 days, and weigh free mediation (70%+ settle).
The Federal Fuel Tax Credit Most Contractors, Landscapers, and Farms Never Claim
Off-highway gasoline earns $0.183/gal back and undyed diesel $0.243 — claim the federal credit on IRS Form 4136 with your return.
How to Write a Collections Policy That Gets Invoices Paid Faster Without Losing Customers
A written collections policy with a dated follow-up schedule gets invoices paid sooner — set terms, automate reminders, call at day 15, hold credit at day 45.
Law Firm MSO vs. ABS: Two Ways to Take Outside Investment, and Why Illinois Just Drew a Line
An MSO lets investors own a law firm's back office; an ABS lets them own the firm. Illinois HB 5487 now curbs both for contingency-fee practices.
New Hampshire HB 155 Raises the BET Filing Threshold to $400,000: What Small Businesses Need to Know
New Hampshire HB 155 lifts the BET filing threshold to $400,000 from 2027, exempting ~4,000 small firms, and adds an automatic rate cut down to 0.25%.