Skip to main content

Mike Thrift

Marketing Manager

3751 postsView all authors
Bookkeeping for Assistance Dog Training Nonprofits: Tracking a $25,000 Dog Across a Two-Year Pipeline
·mike

Bookkeeping for Assistance Dog Training Nonprofits: Tracking a $25,000 Dog Across a Two-Year Pipeline

Producing one service dog costs $25,000–$60,000 over an 18–24-month cycle. How assistance dog nonprofits should structure per-dog cost centers, record breeding-cooperative puppy exchanges at fair value, apply GAAP (ASC 958-605) to puppy-raiser volunteer time, and release restricted sponsorships on the same timeline as expenses.

nonprofit
bookkeeping
chart-of-accounts
Axos Financial Buys Arc Technologies: What the Deal Signals for Small Business Banking
·mike

Axos Financial Buys Arc Technologies: What the Deal Signals for Small Business Banking

Axos Financial is acquiring Arc Technologies, the AI-native cash management platform, in a deal closing July 2026. With large banks approving only 13–15% of small business loans and fintech lenders now originating 32% of them, the acquisition shows why clean, real-time books are becoming your credit application.

fintech
banking
business-banking
California Commercial Property Insurance in 2026: Navigating the FAIR Plan, DIC Wraps, and SB 547
·mike

California Commercial Property Insurance in 2026: Navigating the FAIR Plan, DIC Wraps, and SB 547

California's admitted commercial property market has contracted sharply — surplus lines grew from 6% to 20% of the market since 2014, the FAIR Plan raised its commercial limits to $20M per building, and a 29.1% average FAIR Plan rate increase takes effect October 2026. Here's how small business owners can navigate renewals, DIC wrap requirements, and the new SB 547 non-renewal moratorium.

insurance
california
small-business
CDFI Loans Explained: How Mission-Driven Lenders Fund the Businesses Banks Reject
·mike

CDFI Loans Explained: How Mission-Driven Lenders Fund the Businesses Banks Reject

CDFIs are Treasury-certified mission-driven lenders that approve roughly 23-30% of small business applicants versus 13-15% at large banks, fund true startups with no hard credit minimums, accept ITINs in place of Social Security numbers, and offer fixed rates as low as 7%. Here's how CDFI underwriting works, who qualifies, and how to apply.

small-business
loans
financing
CFPB Regulation B Overhaul: What the End of Disparate-Impact Liability Means for Your Small Business's Credit Decisions
·mike

CFPB Regulation B Overhaul: What the End of Disparate-Impact Liability Means for Your Small Business's Credit Decisions

The CFPB's final Regulation B rule takes effect July 21, 2026, removing disparate-impact liability from ECOA, narrowing the discouragement standard, and adding participant-level documentation requirements for for-profit special-purpose credit programs — a practical guide for small-business borrowers and lenders.

small-business
compliance
credit
Chrome Extension Developer Bookkeeping: Reconciling Payouts After Google Killed In-App Payments
·mike

Chrome Extension Developer Bookkeeping: Reconciling Payouts After Google Killed In-App Payments

Google deprecated Chrome Web Store Payments in 2021, leaving extension developers to reconcile Stripe, Paddle, or ExtensionPay payouts by hand — here is a three-way match workflow, per-extension ledger structure, and how to treat review-delay refund spikes as a distinct bookkeeping category.

reconciliation
saas
payments
Church Fund Accounting: How to Manage Restricted and Unrestricted Funds
·mike

Church Fund Accounting: How to Manage Restricted and Unrestricted Funds

An estimated $86 billion is lost to fraud inside churches worldwide each year, and most of it starts with one bookkeeping mistake — treating restricted and unrestricted funds as one pool. This guide explains how FASB ASC 958 classifies donor-restricted gifts, the three errors that get church treasurers in trouble, and the monthly habits that keep ministry books compliant and transparent.

nonprofit
bookkeeping
compliance
Colorado's Tamale Act: What HB26-1033 Means for Cottage Food Businesses
·mike

Colorado's Tamale Act: What HB26-1033 Means for Cottage Food Businesses

Colorado's HB26-1033, the "Tamale Act," legalizes home-kitchen sales of tamales and other temperature-sensitive foods starting January 1, 2027, and raises the cottage food revenue cap from $10,000 to $150,000 per product per year. Here are the food-safety, labeling, and transport rules producers must meet — and the bookkeeping needed to run at the new scale.

small-business
compliance
legal
Bookkeeping for Commercial Composting and Food-Waste Haulers: Tipping Fees, Volume Contracts, and Diversion Savings
·mike

Bookkeeping for Commercial Composting and Food-Waste Haulers: Tipping Fees, Volume Contracts, and Diversion Savings

With landfill tipping fees averaging $35–125 per ton and rising 3–7% annually, food-waste haulers and composting operators need books that separate revenue by contract type, track tipping fees by disposal site, and isolate contamination costs — here is a chart-of-accounts structure that makes landfill-diversion savings pitches defensible.

bookkeeping
small-business
chart-of-accounts
The Community Bank Leverage Ratio Just Dropped to 8%: What It Means for Small Business Credit
·mike

The Community Bank Leverage Ratio Just Dropped to 8%: What It Means for Small Business Credit

On July 1, 2026, the FDIC, Federal Reserve, and OCC lowered the Community Bank Leverage Ratio from 9% to 8%, making roughly 477 more banks eligible for the simplified capital framework and freeing lending capacity at institutions under $10 billion in assets. Here is what the change means for small business borrowers — and how to keep your books loan-ready.

banking
small-business
small-business-loans
Connecticut's CTDPA Now Covers Small Businesses: Neural Data, LLM Training Disclosures, and the July 2026 Rules
·mike

Connecticut's CTDPA Now Covers Small Businesses: Neural Data, LLM Training Disclosures, and the July 2026 Rules

Connecticut's amended CTDPA took effect July 1, 2026, lowering the coverage threshold to 35,000 consumers, classifying neural data as sensitive, and requiring conspicuous disclosure of AI and LLM training on personal data. Processing any sensitive data — even one record — now triggers coverage, the 60-day cure period is gone, and penalties reach $5,000 per willful violation.

privacy
compliance
small-business
Debanking in 2026: What the End of 'Reputational Risk' Means for Your Business Bank Account
·mike

Debanking in 2026: What the End of 'Reputational Risk' Means for Your Business Bank Account

Federal regulators eliminated "reputational risk" from bank supervision in 2026 — a joint OCC-FDIC rule effective June 9, an SBA lender audit, FTC warnings to payment processors, and new state disclosure laws now limit when banks can close accounts. Here's who remains exposed and what to do if your business account is frozen or terminated.

banking
business-banking
small-business
Showing 877–888 of 3751 posts
Prev74 / 313Next