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.
Community · 2 min read ·
South Bay Business Mavericks Gala & Grant Awards
Shop Local presents the South Bay Business Mavericks Gala on October 29th at the Toyota Auto Museum. Five amazing speakers will present information on how they created sustainable businesses, and three local businesse…
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News · 3 min read ·
The Individual Shared Responsibility Payment for the Affordable Care Act
The IRS wants to remind American's of their responsibility to pay their portion of premiums for their Affordable Care Act coverage. Beginning in 2014, the individual shared responsibility provision of the Affordable C…
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Business · 4 min read ·
Mayor Garcetti's Plan to Reduce Poverty in Los Angeles
In an effort to improve living standards in Los Angeles Mayor Garcetti has proposed a plan, known as Raise the Wage , which will attempt to reduce the population living in poverty. This goal would be reached in two st…
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News · 3 min read ·
Fundraiser for At-Risk Youth and Urban Poor
Recently I connected with an organization that collaborates with business owners to provide new business start-up incubation, corporate sponsorship development and vocational training environments for empowerment of a…
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News · 5 min read ·
New CA Sick Leave Requirements take effect in 2015
Governor Jerry Brown recently signed new legislation (AB1522) taking effect July 1, 2015, that requires almost all public- and private-sector employers to give almost all workers in California at least three paid sick…
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Payroll · 2 min read ·
OSHA Revises Reporting Rule for Worker Injuries
The Insurance Journal has posted an article about an updated rule in regard to severe worker injuries. Below is much of the text of their article. The U.S. Occupational Safety and Health Administration (OSHA) has issu…
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News · 3 min read ·
Contact Governor Brown to Veto AB 1897
The California Chamber of Commerce is urging all businesses to send a letter to Governor Edmund G. Brown Jr. asking that he veto AB 1897 , a “job killer” bill that imposes new liabilities on innocent businesses. “AB 1…
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Business · 2 min read ·
Don’t Discount Your Small Business Services! Delight Your Clients Instead
I recently read this blog by Jackie Nagel and knew I had to pass her information on to you. Often we think in order to draw in clients, we need a "good deal" so they'll want to try out what we offer. Here Jackie expla…
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Bookkeeping · 2 min read ·
Understanding How Accounts Affect the Balance Sheet
In the last two posts, Understanding Assets on the Balance Sheet and Understanding Liabilities and Equity on the Balance Sheet , I explained the different types of accounts that appear on the Balance Sheet. This repor…
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Bookkeeping · 2 min read ·
Understanding Liabilities and Equity on the Balance Sheet
In my last post, Understanding Assets on the Balance Sheet , I discussed the different types of asset accounts. Today I'll give information on the remaining accounts that appear on the balance sheet: Liabilities and E…
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Bookkeeping · 2 min read ·
Understanding Assets on the Balance Sheet
As a bookkeeper, I provide reports to clients for them to know the health of their businesses. Two of the main reports are the Profit and Loss (also known as the Income Statement) and Balance Sheet. Sometimes clients…
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News · 2 min read ·
Don't Pay Less in Tax Than You Really Owe
None of us like having to pay taxes, but don't try to finagle the numbers to pay less. If you are audited and didn't pay all that was due, you will end up owing quite a bit more than the tax balance. There are many di…
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