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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

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Float Spa Bookkeeping: Section 179, Deferred Membership Revenue, and True Per-Float Costs
·mike

Float Spa Bookkeeping: Section 179, Deferred Membership Revenue, and True Per-Float Costs

A float center costs $250,000–$750,000 to open, and its books must handle three oddities most small businesses never face — Section 179 and 100% bonus depreciation on tank-heavy build-outs, membership dues booked as deferred revenue under ASC 606, and per-float costs (salt, utilities, laundry) that erode the visible 80% margin.

bookkeeping
small-business
section-179
Freelance Designer Taxes: Schedule C, Retainers, and the IP Licensing Income Most Designers Miss
·mike

Freelance Designer Taxes: Schedule C, Retainers, and the IP Licensing Income Most Designers Miss

How freelance designers should handle taxes and bookkeeping — Schedule C reporting, the 15.3% self-employment tax, quarterly estimates, recognizing retainers as unearned revenue, and why royalties from licensing your own design work belong on Schedule C (not Schedule E) with a 1099-MISC, not a 1099-NEC.

freelance
creative-industries
self-employment-tax
Bookkeeping for Freelance Translators and Interpreters: Rates, Rush Fees, and Currency Spread
·mike

Bookkeeping for Freelance Translators and Interpreters: Rates, Rush Fees, and Currency Spread

A freelance translator invoicing €450 can receive as little as $431 due to a 3%-4% PayPal exchange-rate markup that never appears as a labeled fee, which is why translators and interpreters need to log invoiced and received amounts as separate figures and post the difference to a dedicated Bank & FX fees expense category.

freelance
self-employment
bookkeeping
Home Care Agency Bookkeeping: Reconciling Medicaid, Private Pay, and VA Reimbursement
·mike

Home Care Agency Bookkeeping: Reconciling Medicaid, Private Pay, and VA Reimbursement

Home care agencies collect from private pay, Medicaid MCOs, and VA Aid and Attendance on three different timelines while caregiver payroll runs on a fixed biweekly schedule, so tracking AR by payer separately (not blended) is the key to forecasting cash and catching the 2026 EVV hard-edit denials that make unresolved visit exceptions permanently unbillable.

bookkeeping
healthcare
cash-flow
Home Inspection Business Bookkeeping: E&O Insurance, Schedule C, and Job Costing
·mike

Home Inspection Business Bookkeeping: E&O Insurance, Schedule C, and Job Costing

Home inspectors average one liability claim over a career and pay roughly $989/year for E&O insurance, so amortizing that premium per job and tracking mileage, report-writing time, and licensing renewals on Schedule C is what separates a profitable inspection business from one guessing at its margins.

small-business
self-employment
real-estate
House Cleaning Franchise Bookkeeping: How to Track Royalty Fees, Ad Funds, and Multi-Territory P&Ls
·mike

House Cleaning Franchise Bookkeeping: How to Track Royalty Fees, Ad Funds, and Multi-Territory P&Ls

Cleaning franchise royalty (4–8%) and ad fund (1–3%) fees are calculated on gross sales — before discounts and comp cleans — and the total franchise fee load commonly runs 12–15% of revenue. Here's how to book royalties, brand fund contributions, and per-territory P&Ls correctly, with a worked $95,000/month reconciliation example.

franchise-bookkeeping
bookkeeping
small-business
Bookkeeping for House-Sitting Businesses: Per-Night Rates, Deposits, and Key Liability
·mike

Bookkeeping for House-Sitting Businesses: Per-Night Rates, Deposits, and Key Liability

House sitters typically charge $50–$150 per night for overnight stays and $250–$500 weekly, but a deposit collected before a sit begins is unearned revenue, not income, until the stay is completed or the cancellation window passes.

small-business
bookkeeping
self-employment-tax
Independent Mobile Auto Detailing and Ceramic Coating Business Bookkeeping: Per-Job Pricing, Chemical Inventory, Van and Equipment, Warranty Deferred Revenue, and the KPIs That Hit 40–55%
·mike

Independent Mobile Auto Detailing and Ceramic Coating Business Bookkeeping: Per-Job Pricing, Chemical Inventory, Van and Equipment, Warranty Deferred Revenue, and the KPIs That Hit 40–55%

Detailing margins live per job — price per ticket, cost chemicals per job, expense the van via Section 179/bonus, defer coating warranty revenue, and run on revenue per job and net margin after owner labor.

small-business
bookkeeping
finance
Kentucky Drops the 200-Transaction Sales Tax Rule: What the Revenue-Only Nexus Threshold Means for Online Sellers
·mike

Kentucky Drops the 200-Transaction Sales Tax Rule: What the Revenue-Only Nexus Threshold Means for Online Sellers

Kentucky HB 757 eliminates the state's 200-transaction economic nexus threshold effective August 1, 2026, leaving a $100,000 revenue-only test — joining Alaska, Utah, and Illinois in a broader multi-state shift away from transaction-count triggers.

sales-tax
nexus
e-commerce
Bookkeeping for Legal Document Assistants: Bonds, Trust Funds, and Flat-Fee Revenue
·mike

Bookkeeping for Legal Document Assistants: Bonds, Trust Funds, and Flat-Fee Revenue

California requires Legal Document Assistants to register with a county clerk, post a $25,000 surety bond, and pass one of four education-or-experience tests before charging clients — a licensing and revenue-recognition setup that trips up most first-time LDA owners' books.

legal
licenses
bookkeeping
Maine's 2026 Streaming Tax: What Netflix, Spotify, and Podcast Sellers Must Collect
·mike

Maine's 2026 Streaming Tax: What Netflix, Spotify, and Podcast Sellers Must Collect

Maine now applies its 5.5% sales tax to streaming video, music, audiobook, and podcast subscriptions as of January 1, 2026, with economic nexus triggered at $100,000 in revenue from Maine customers.

sales-tax
tax-compliance
nexus
Med Spa Bookkeeping: Why Packages, Gift Cards, and Memberships Aren't Revenue Yet
·mike

Med Spa Bookkeeping: Why Packages, Gift Cards, and Memberships Aren't Revenue Yet

Med spas that book prepaid packages, gift cards, and membership fees as revenue at the point of sale overstate income and understate the deferred-revenue liability they owe clients — with the U.S. med spa industry at roughly $21.4 billion in 2026 and package sales now about 29% of client spending, the resulting distortion can turn a strong bank balance into an unexplained cash crunch two months later.

bookkeeping
revenue-recognition
accrual-accounting
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