by Jelena Arkula | Jul 17, 2026 | Procedures
As of July 2026, most small businesses do not need to file a BOI report. A rule issued by FinCEN in March 2025 exempts every company created in the United States, along with its owners. Only certain foreign-formed companies registered to do business here still report....
by Jelena Arkula | Jul 17, 2026 | Procedures
California sales tax starts at a 7.25% statewide base rate. Local district taxes push many Los Angeles-area rates to between 9.5% and 10.25%. If you sell taxable goods in California, you generally need a seller’s permit from the CDTFA, you collect tax based on...
by Jelena Arkula | Jul 17, 2026 | 1099, payment processing
For 2026, a payment app or online marketplace must send you a 1099-K only when your business payments through that platform top $20,000 and more than 200 transactions. Card processors report with no minimum. Either way, all business income is taxable and belongs on...
by Jelena Arkula | Jul 17, 2026 | App Review, Cloud Accounting Option and Reviews
The QuickBooks price increase takes effect for renewals on or after August 1, 2026, and it is a big one. Intuit’s notices show Essentials, Plus, and Advanced all rising, with third-party coverage putting the steepest jumps, on Plus and Advanced, in the 20 to 25...
by Jelena Arkula | Jul 17, 2026 | 1099, Procedures
The IRS mileage rate 2026 schedule changed mid-year. From July 1, business driving is 76 cents per mile, up from 72.5 cents in the first half. This guide is for business owners and employers who track vehicle miles. We will cover the new rates, the split-year mileage...
