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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.

Bookkeeping · 3 min read ·

Creating (and Understanding) a Balance Sheet

Do you feel like financial reports are hard to decipher? Do you wonder what all the data means? As a small business owner, it's important to keep track of your financial data to ensure the success of your business. On…

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Bookkeeping · 2 min read ·

Key Risk Management Factors When Considering Outsourcing

As small business owners, we face numerous challenges in our quest for success, and one of the critical areas that requires careful attention is risk management. When it comes to attracting and retaining talent, manag…

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Bookkeeping · 2 min read ·

The Biggest 401(k) Mistake Workers Should Avoid

For those workers that tend to jump from job to job, it is possible they are at risk of making one of the biggest financial mistakes due to constantly switching employment. For example, their former employers could po…

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About · 3 min read ·

Why You Should Hire a Bookkeeper for Your Small Business

Running a small business comes with many operational costs. Some of these expenses, such as renting retail space and paying employees, are fairly obvious. While these things are certainly important and essential to th…

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Bookkeeping · 4 min read ·

How to Identify Scams and Protect Yourself From Fraudsters

In the last video, I shared the 2021 Dirty Dozen Tax Scams the IRS specified. Each year, they identify the top 12 methods used for stealing data and other nefarious tactics to get money from unsuspecting victims. Toda…

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Bookkeeping · 3 min read ·

Cash Flow

https://youtu.be/E1BBTDqZhag Has the Coronavirus caused cashflow issues for your family? Do you wonder what you can do to improve the cash you have on hand to pay the bills you need to pay? There are a few things that…

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Bookkeeping · 1 min read ·

The New 1099-NEC Form

https://youtu.be/fcX-_nFMm5s Are you aware that there is a new 1099 form that must be filed in January 2021? That form is called the 1099-NEC. This form is for those who are paid non-employee compensation as independe…

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Bookkeeping · 3 min read ·

Hiring Remotely During COVID-19

In the past six months, pandemic-driven changes to the economy have caused major shifts in the job market. Thousands of layoffs have resulted in a “buyer’s market” of sorts for companies fortunate enough to be in the…

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Bookkeeping · 1 min read ·

Biz Investment

https://youtu.be/5ohwif-gm2M Are you a business owner that has invested your personal funds into your company to keep it afloat during this pandemic? Are you using credit cards or getting loans? Make sure that you're…

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Bookkeeping · 2 min read ·

Biz Cash Flow

Are you a business owner concerned that you still may have cashflow issues in the months ahead? Do you wonder what you can do to rearrange some of your debt or provide additional cashflow? Today I'm going to offer a f…

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Bookkeeping · 3 min read ·

How to Refinance a Business Loan

Refinancing car and home loans is a fairly common practice, but did you know that you can also refinance your business loan? While it’s easy to breathe a sigh of relief and simply move on after obtaining funding for y…

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Bookkeeping · 2 min read ·

Business Changes Due to the Pandemic

The pandemic has caused many short-term changes in the operations of most small companies. However, some of the alterations that have been made amidst the crisis are likely here to stay even after COVID-19 is long gon…

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