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The AB&P journal

Useful answers for the decisions owners make every week.

Clear guidance on the financial, payroll, and people questions that tend to become urgent when no one explains them early.

Business · 2 min read ·

Grace Period or $500 Rollover for Flexible Accounts? Take Your Pick

Do you have flexible spending accounts (FSAs) for your employees? Usually, if the FSAs aren't completely spent by year-end, the employees must lose the unused funds. To avoid this issue, consider amending your FSA pla…

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Payroll · 3 min read ·

Tips for Managing Employee Absences

Do you have employees who often miss work? Is this affecting your productivity and profitability? According to the recent Gallup-Healthways Well-Being Index, the total annual costs related to lost productivity because…

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News · 2 min read ·

2016 Minimum Wage Increases Throughout the U.S.

Are you up to date on state wages? Effective January 1, 2016, the minimum wage has increased in eleven U.S. states. A few states have adopted the federal minimum wage, while others have increased it due to cost of liv…

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Community · 2 min read ·

Report Your Life Changes to the Health Insurance Marketplace

Did you enroll for insurance coverage through the Health Insurance Marketplace? If so, you need to report changes to the Marketplace when they happen. For example, there could be changes to your family size or income…

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Payroll · 3 min read ·

Employees Should Check their Withholding Amounts

Did you receive a smaller refund than you expected this past tax season? Maybe you owed more than what you already paid. The IRS is reminding taxpayers that the earlier they check their withholding amounts, the easier…

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Community · 2 min read ·

How You Can Receive the Most from College Education Tax Credits and Deductions

Are you or a dependent student enrolled in higher education? Are you aware you can deduct a portion of your paid college expenses on your tax return? Here is a quick overview of the three main higher education tax bre…

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Business · 2 min read ·

Payroll Credit Reductions Announced for 2015

The states that must pay additional payroll taxes in the form of FUTA credit reductions have been announced by the Department of Labor. A state is a credit reduction state if it has taken loans from the federal govern…

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Bookkeeping · 3 min read ·

Common Questions Asked When Seeking a New Accountant

Are you new in business and looking for a CPA? Or perhaps you need to find a new one due to retirement, relocation, or unmet needs. Finding the right CPA is not easy, but knowing the right questions to ask can help yo…

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Business · 3 min read ·

New CA Labor Laws 2016

As is usual, new laws have been passed in CA which will go into effect January 1. Below are some of the most important according to the San Rafael Chamber of Commerce. SB 358 (Equal Pay) greatly increases the burden o…

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Business · 2 min read ·

Employers and ACA: Do Your Healthcare Coverage Options Meet Requirements?

Under the Affordable Care Act (ACA) some employers, depending on the size of their workforce, are subject to the employer shared responsibility provisions. Many employers are below the workforce size boundary and are…

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Business · 2 min read ·

Communicating with Your Employees

Are you an employer wanting to know the best ways to communicate with your employees? Want tips on how to have a successful work environment? Companies listed on Accounting Today's 2015 Best Firms to Work For shared t…

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Community · 2 min read ·

Small Business Saturday - Did You Participate?

This past Saturday was what's been named "Small Business Saturday" which is the Saturday following Thanksgiving in the United States. The day is meant to encourage shoppers to purchase from small businesses rather tha…

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