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Small Business

Financial management strategies and tools for small business owners

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Vietnam's 2026 Household Business Tax Reform: How Decree 68's Self-Declared Filing and Revenue-Tiered E-Invoice Mandate Change Bookkeeping for 5 Million Business Households
·mike

Vietnam's 2026 Household Business Tax Reform: How Decree 68's Self-Declared Filing and Revenue-Tiered E-Invoice Mandate Change Bookkeeping for 5 Million Business Households

Vietnam replaced presumptive tax for 5 million business households with self-declared filing and tiered e-invoices in 2026. Learn Decree 68's thresholds, monthly vs. quarterly filing, and the ledger that keeps a household business compliant.

small-business
finance
tax-compliance
Business Entity Comparison in 2026: Sole Prop vs. LLC vs. S-Corp vs. C-Corp — Liability, Tax, and the Conversion Costs You Pay Later
·mike

Business Entity Comparison in 2026: Sole Prop vs. LLC vs. S-Corp vs. C-Corp — Liability, Tax, and the Conversion Costs You Pay Later

Sole prop is the default, LLC is the wrapper, S-corp saves SE tax above ~$80K but needs payroll, C-corp is the venture clock — and converting the wrong way can be a taxable liquidation.

business-structure
entrepreneurship
finance
Business Valuation Methods Explained: What Your Company Is Really Worth Before You Sell, Raise, or Step Back
·mike

Business Valuation Methods Explained: What Your Company Is Really Worth Before You Sell, Raise, or Step Back

Learn how appraisers value small businesses using market comparables, discounted cash flow, and asset-based methods — plus how to normalize earnings and avoid the five mistakes that quietly destroy sale price.

business-valuation
small-business
financial-management
Accounts Receivable Aging and Collections Strategy: Recover Cash Before It Becomes Uncollectible
·mike

Accounts Receivable Aging and Collections Strategy: Recover Cash Before It Becomes Uncollectible

Master accounts receivable aging, Days Sales Outstanding calculations, and collections workflows to recover the 10-15% of cash flow most small businesses lose through payment delays.

accounts-receivable
cash-flow
invoicing
Overtime Rule in 2026: The $58,656 Salary Threshold Stay, Duties Test, and the Compliance Checklist for Reclassifying Exempt Employees
·mike

Overtime Rule in 2026: The $58,656 Salary Threshold Stay, Duties Test, and the Compliance Checklist for Reclassifying Exempt Employees

The $58,656 threshold was vacated — $35,568 is the enforceable level — but salary is only a third of exemption; duties decide the rest, and reclassification lives or dies on time records and the regular rate.

payroll
compliance
small-business
Bonus Depreciation in 2026: 40% Under Current Law vs. 100% If OBBBA Retroactivity Passes — How to Model the Swing on an $80K Equipment Buy
·mike

Bonus Depreciation in 2026: 40% Under Current Law vs. 100% If OBBBA Retroactivity Passes — How to Model the Swing on an $80K Equipment Buy

2026 bonus is 40% under current law — $32K on an $80K machine, not $80K — unless OBBBA restores 100% retroactively; here's how to model the swing vs. Section 179 and keep the ledger straight.

tax-compliance
small-business
finance
Choosing a Tax Pro in 2026: CPA vs. EA vs. Attorney, Circular 230 Due Diligence, and the Engagement-Letter Red Flags
·mike

Choosing a Tax Pro in 2026: CPA vs. EA vs. Attorney, Circular 230 Due Diligence, and the Engagement-Letter Red Flags

Credential decides representation — CPA, EA, and attorney are unlimited before the IRS, AFSP is limited — verify PTIN and board standing and insist on a scoped engagement letter.

tax-compliance
small-business
finance
SECURE 2.0 Super Catch-Up in 2026: How Ages 60–63 Can Save $11,250 Extra and the Auto-Enrollment Mandate for New 401(k)s
·mike

SECURE 2.0 Super Catch-Up in 2026: How Ages 60–63 Can Save $11,250 Extra and the Auto-Enrollment Mandate for New 401(k)s

Ages 60–63 get $11,250 of catch-up for four years instead of $7,500 — and every 401(k)/403(b) established after 12/29/2022 must auto-enroll 3–10% and auto-escalate to at least 10% starting 2025.

tax-compliance
small-business
finance
Translation Agency Bookkeeping: Managing 1099 Freelancers, Mixed Billing Models, and International Payments
·mike

Translation Agency Bookkeeping: Managing 1099 Freelancers, Mixed Billing Models, and International Payments

Learn how translation agencies track 1099 freelancer payments, reconcile per-word and per-hour billing, handle multi-currency client payments, and calculate project margins accurately.

bookkeeping
small-business
invoicing
AI Bookkeeper vs. Human Accountant: Cost Comparison and When Each Makes Sense
·mike

AI Bookkeeper vs. Human Accountant: Cost Comparison and When Each Makes Sense

Compare AI accounting software costs against hiring a bookkeeper or CPA for 2026—including accuracy, tax strategy, and the hybrid model that saves $12,000–$48,000 annually.

bookkeeping
ai
small-business
Backup Withholding Threshold Jumped to $2,000 in 2026: What Small Business Owners Need to Know
·mike

Backup Withholding Threshold Jumped to $2,000 in 2026: What Small Business Owners Need to Know

The IRS backup withholding threshold increased from $600 to $2,000 effective 2026. Understand what changed, who's affected, how to prevent it, and Form 945 compliance requirements.

tax-compliance
tax-planning
small-business
Business Debt Consolidation: When to Use Personal vs. Business Loans and How to Structure the Refinance
·mike

Business Debt Consolidation: When to Use Personal vs. Business Loans and How to Structure the Refinance

Consolidate business debt with a personal or business loan. Compare rates, terms, and tax implications, then follow a 7-step framework to actually save money and stop re-accumulating debt.

loans
small-business
debt-payoff
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