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Mike Thrift

Mike Thrift

Marketing Manager

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Beancount.io's Ask AI Can Now Write Entries and Read Receipts
·mike

Beancount.io's Ask AI Can Now Write Entries and Read Receipts

Beancount.io expanded its Ask AI assistant from a read-only Q&A tool into an action-capable agent that drafts and writes ledger entries, reads uploaded receipts and bank-statement screenshots, and commits nothing without explicit user approval — live at /agent.

ai
llm
automation
beancount
+4
Beancount MCP: Connect Your Ledger to Claude, Cursor, and Any AI Assistant
·mike

Beancount MCP: Connect Your Ledger to Claude, Cursor, and Any AI Assistant

The Beancount MCP server connects your plain-text ledger to Claude, Cursor, Windsurf, and any MCP-compatible AI client over OAuth 2.1 — ask questions, run BQL queries, and commit ledger edits without leaving your AI tool.

ai
llm
automation
beancount
+7
Passing Credit Card Fees to Customers: Surcharges, Cash Discounts, and Dual Pricing in 2026
·mike

Passing Credit Card Fees to Customers: Surcharges, Cash Discounts, and Dual Pricing in 2026

Surcharging, cash discounts, and dual pricing are the three legal ways to pass card fees to customers in 2026—surcharges cap at 3% (Visa) and are banned in CT, ME, and MA, while cash discounts and dual pricing are legal in all 50 states and skip the 30-day network notice.

payments
small-business
compliance
legal
+2
Buy Now, Pay Later Is Quietly Breaking Your Books: A Merchant's Guide to Accounting for Klarna, Affirm, and Afterpay
·mike

Buy Now, Pay Later Is Quietly Breaking Your Books: A Merchant's Guide to Accounting for Klarna, Affirm, and Afterpay

BNPL providers pay merchants the full sale price minus a fee, then report gross volume on a 1099-K — so recording only the net deposit understates revenue and triggers IRS underreporter notices. Record gross sales through per-provider clearing accounts to keep fees, reserves, and 1099-K totals reconciled.

e-commerce
payments
revenue-recognition
small-business
+4
Cash vs. Accrual Accounting: How to Choose the Right Method (and When the IRS Forces Your Hand)
·mike

Cash vs. Accrual Accounting: How to Choose the Right Method (and When the IRS Forces Your Hand)

Cash accounting records revenue when money is received and expenses when paid; accrual accounting records revenue when earned and expenses when incurred. IRS Section 448 mandates the accrual method once a business's three-year average gross receipts exceed the $32 million threshold for 2026, and changing methods later requires Form 3115 plus a Section 481(a) adjustment.

accounting-basics
accrual-accounting
revenue-recognition
tax-compliance
+4
Cryptocurrency Miner, Staking Validator, and DeFi Yield Farmer Bookkeeping: The 2026 Tax and Recordkeeping Guide
·mike

Cryptocurrency Miner, Staking Validator, and DeFi Yield Farmer Bookkeeping: The 2026 Tax and Recordkeeping Guide

A practical 2026 guide for independent crypto miners, Ethereum validators, and DeFi liquidity providers covering entity selection, Form 1099-DA basis reporting, Rev. Rul. 2023-14, OBBBA Section 174 R&D expensing, FBAR/Form 8938 thresholds, and KPI tracking.

cryptocurrency
crypto-bookkeeping
defi
staking-rewards
+4
Bookkeeping for Independent House Cleaners and Solo Maid Services: A Practical 2026 Guide
·mike

Bookkeeping for Independent House Cleaners and Solo Maid Services: A Practical 2026 Guide

A 2026 bookkeeping playbook for solo and small residential cleaning operators — ASC 606 deferred revenue on recurring plans, OBBBA tip deductions up to $25,000, W-2 vs 1099 ABC-test pitfalls, care/custody/control insurance, and the KPIs that predict retention.

bookkeeping
small-business
self-employment
revenue-recognition
+4
The Short-Term Rental Loophole in 2026: How W-2 Earners Offset Income with Material Participation and 100% Bonus Depreciation
·mike

The Short-Term Rental Loophole in 2026: How W-2 Earners Offset Income with Material Participation and 100% Bonus Depreciation

A walkthrough of the Section 469 seven-day rule, the three realistic material participation tests, and how the One Big Beautiful Bill Act's permanent 100% bonus depreciation lets short-term rental owners offset W-2 income — plus the bookkeeping habits that survive an IRS audit.

real-estate
tax-planning
bonus-depreciation
cost-segregation
+4
State Tax Residency Audit Defense After Moving to a No-Tax State
·mike

State Tax Residency Audit Defense After Moving to a No-Tax State

A practical guide to surviving California FTB and New York residency audits after moving to Florida, Texas, or Nevada — the domicile and statutory residency tests, day-count documentation, equity compensation traps, and the convenience-of-the-employer rule.

tax
tax-compliance
audit
remote-work
+4
ADA Title III Website and Mobile App Accessibility in 2026: A Practical WCAG 2.1 AA Compliance Guide for Small and Mid-Size Businesses
·mike

ADA Title III Website and Mobile App Accessibility in 2026: A Practical WCAG 2.1 AA Compliance Guide for Small and Mid-Size Businesses

In 2025, plaintiffs filed 3,117 federal ADA Title III website accessibility lawsuits and an estimated 35,000–50,000 private demand letters reached U.S. businesses. This guide explains what WCAG 2.1 Level AA actually requires, why the Robles v. Domino's Pizza ruling and the DOJ's 2024 Title II rule made it the de facto standard, and how small and mid-size businesses can build a five-phase remediation roadmap and defensible paper trail before a demand letter arrives.

accessibility
compliance
legal
small-business
+3
Bouncy House Rental Bookkeeping: ASC 606 Deposits, ASTM F2374 Wind Rules, and Section 179 for Inflatable Operators
·mike

Bouncy House Rental Bookkeeping: ASC 606 Deposits, ASTM F2374 Wind Rules, and Section 179 for Inflatable Operators

How inflatable rental operators record customer deposits as deferred revenue under ASC 606, apply Section 179 to PVC inflatables and trailers, enforce ASTM F2374 wind thresholds (15 mph sustained operational shutdown), and track KPIs like revenue per truck-day, unit utilization, and refund rate.

bookkeeping
small-business
seasonal-business
revenue-recognition
+4
Business Identity Theft: A Practical Detection and Recovery Playbook for Small Business Owners
·mike

Business Identity Theft: A Practical Detection and Recovery Playbook for Small Business Owners

A 72-hour response playbook for small business owners facing EIN-based tax fraud, registered agent hijacking, or payroll account takeover — including how to file IRS Form 14039-B, place fraud alerts at Dun & Bradstreet, Experian Business, and Equifax Small Business, and harden IRS, Secretary of State, banking, and payroll footprints year-round.

small-business
fraud-detection
fraud-prevention
security
+3
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