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50 tagged with "Sales Tax"

Sales tax compliance, nexus rules, filing requirements, and tax automation for businesses

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Shed and Portable Building Bookkeeping: ASC 842 Lease Classification, Rent-to-Own Reserves, and Floor-Plan Financing
·mike

Shed and Portable Building Bookkeeping: ASC 842 Lease Classification, Rent-to-Own Reserves, and Floor-Plan Financing

A working framework for shed builders, dealer lots, and portable building manufacturers to classify rent-to-own contracts under ASC 842, set repossession reserves, apply Section 179 to mover equipment, and handle multi-state sales tax under Wayfair.

bookkeeping
leases
revenue-recognition
sales-tax
+4
Multi-State Sales Tax Compliance for SaaS and Cloud Software Companies in 2026: A Practical Founder's Guide
·mike

Multi-State Sales Tax Compliance for SaaS and Cloud Software Companies in 2026: A Practical Founder's Guide

A state-by-state operational playbook for SaaS founders in 2026 covering economic nexus thresholds, taxability maps (NY, TX, PA, WA taxable; CA non-taxable), Stripe Tax vs Anrok vs Avalara vs TaxJar trade-offs, true object test for bundled invoices, and VDA strategy for cleaning up historical exposure.

sales-tax
saas
tax-compliance
nexus
+3
Sales Tax Holidays 2026: A Multi-Channel Retailer's Compliance and POS Configuration Guide
·mike

Sales Tax Holidays 2026: A Multi-Channel Retailer's Compliance and POS Configuration Guide

Twenty-one US states run sales tax holidays in 2026, with seven converging on August 7–9. Here is how Shopify, Amazon, Walmart, and Etsy sellers should configure product taxability, plan inventory, and avoid the per-item cap, bundled-sale, and excluded-venue mistakes that drive audit losses.

sales-tax
multi-state-tax
e-commerce
compliance
+4
Bookkeeping for Boxing Gyms, MMA Studios, and Martial Arts Dojos: ASC 606, Deferred Memberships, and Section 179
·mike

Bookkeeping for Boxing Gyms, MMA Studios, and Martial Arts Dojos: ASC 606, Deferred Memberships, and Section 179

A practical bookkeeping playbook for boxing gyms, MMA academies, and martial arts dojos — covering ASC 606 recognition of memberships, belt tests, and fight camps; the 2024 DOL coach classification rule; Section 179 and cost segregation on build-outs; combat-sports liability; and the KPIs (LTV, churn, revenue per square foot) that decide whether a gym scales.

bookkeeping
small-business
revenue-recognition
cost-segregation
+4
Custom Picture Framing Shop Bookkeeping: ASC 606 Deposits, WIP Inventory, Section 179 Equipment, and Unclaimed Frame Escheat
·mike

Custom Picture Framing Shop Bookkeeping: ASC 606 Deposits, WIP Inventory, Section 179 Equipment, and Unclaimed Frame Escheat

How custom frame shops should structure their books — ASC 606 revenue recognition at pickup rather than deposit, WIP inventory valuation under Section 471, Section 179 expensing for mat cutters and underpinners, state escheat reporting for unclaimed frames, and the per-square-foot KPIs (conservation glass attach rate, labor productivity, average ticket) that distinguish profitable shops.

bookkeeping
small-business
revenue-recognition
inventory
+4
Ghost Kitchen and Virtual Restaurant Bookkeeping: How Multi-Brand Delivery-Only Operators Untangle DoorDash, Uber Eats, and Grubhub Revenue Under ASC 606
·mike

Ghost Kitchen and Virtual Restaurant Bookkeeping: How Multi-Brand Delivery-Only Operators Untangle DoorDash, Uber Eats, and Grubhub Revenue Under ASC 606

How multi-brand ghost kitchens record gross revenue under ASC 606, segregate marketplace-facilitated sales tax from DoorDash, Uber Eats, and Grubhub payouts, allocate shared kitchen costs across virtual brands, and compute contribution margin per brand and platform.

restaurant
bookkeeping
revenue-recognition
sales-tax
+4
The Bridal Shop Owner's Bookkeeping Guide: Special-Order Deposits, Consignment Inventory, and the KPIs That Matter
·mike

The Bridal Shop Owner's Bookkeeping Guide: Special-Order Deposits, Consignment Inventory, and the KPIs That Matter

How independent bridal shop owners book special-order deposits under ASC 606, separate memo and consignment from owned inventory, navigate the ABC test for in-house seamstresses, handle multi-state sales tax after Wayfair, capitalize bridal suite buildouts, and track the operational KPIs that signal real profitability.

bookkeeping
small-business
revenue-recognition
consignment-accounting
+5
Inside the Coin Shop Ledger: AML Compliance, Spot-Price Inventory, and Buy-Sell Spread Accounting for Bullion and Numismatic Dealers
·mike

Inside the Coin Shop Ledger: AML Compliance, Spot-Price Inventory, and Buy-Sell Spread Accounting for Bullion and Numismatic Dealers

A working guide for owner-operators of coin and bullion shops covering ASC 606 revenue streams, spot-price inventory methods, Form 8300 and 1099-B triggers, 31 CFR 1027 AML duties, Section 408(m) IRA fulfillment, and the KPIs (buy-sell spread, turn-earn index, GMROI) that separate profitable shops from break-even ones.

inventory
bookkeeping
compliance
small-business
+4
Independent Donut Shop and Specialty Pastry Bakery Bookkeeping: A Field Guide to Revenue, Inventory, Payroll, and KPIs
·mike

Independent Donut Shop and Specialty Pastry Bakery Bookkeeping: A Field Guide to Revenue, Inventory, Payroll, and KPIs

An owner-operator's guide to independent bakery bookkeeping — six ASC 606 revenue streams, Section 263A inventory costing, W-2 vs 1099 classification, the Section 45B FICA tip credit, Section 179 equipment depreciation, multistate sales tax under Wayfair, and the prime-cost and sell-through KPIs that separate profitable bakeries from undercapitalized ones.

bookkeeping
small-business
restaurant
revenue-recognition
+4
Escape Room Bookkeeping: ASC 606 Deferred Revenue, QIP Cost Segregation, and the RevPASH KPIs Independent Operators Track
·mike

Escape Room Bookkeeping: ASC 606 Deferred Revenue, QIP Cost Segregation, and the RevPASH KPIs Independent Operators Track

A field guide for independent escape room and immersive entertainment operators covering ASC 606 deferred revenue on group bookings, no-show breakage, Section 179 and QIP cost segregation on custom sets, W-2 classification for game masters, and the RevPASH and per-room KPIs that separate strong venues from struggling ones.

bookkeeping
revenue-recognition
section-179
cost-segregation
+4
Bookkeeping for the Independent Gun Store: A&D Books, Form 4473, ITAR, and Range KPIs
·mike

Bookkeeping for the Independent Gun Store: A&D Books, Form 4473, ITAR, and Range KPIs

How ATF Type 01 FFL dealers should structure their books to reconcile the A&D bound book to the POS daily, recognize ASC 606 revenue across firearms, range, and training, capitalize indoor range buildouts under Section 179 and cost segregation, and track lane-hour and attach-rate KPIs that actually predict profitability.

bookkeeping
compliance
small-business
inventory
+4
Karaoke Bar and Private KTV Lounge Bookkeeping: A Practical Guide for Owner-Operators
·mike

Karaoke Bar and Private KTV Lounge Bookkeeping: A Practical Guide for Owner-Operators

A working guide to karaoke bar and KTV lounge bookkeeping that covers ASC 606 timing for room rental and bottle service, ASCAP/BMI/SESAC/GMR license amortization, the Section 45B FICA tip credit, Section 179 and cost segregation on the build-out, dram-shop reserve accounting, and the RevPARH and pour-cost KPIs operators actually read.

bookkeeping
restaurant
revenue-recognition
sales-tax
+4
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