Affordable Bookkeeping and Payroll
Menu

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.

Energy Tax Credits Are Still in Play Despite New Legislation

Taxes · 2 min read ·

Energy Tax Credits Are Still in Play Despite New Legislation

Some have feared that a new federal budget law, known as the One Big Beautiful Bill Act, would eliminate clean energy tax credits. That has not happened. While certain aspects have changed, the foundation established…

Read article

Missed the Tax Deadline? What Business Owners Should Do Next

Business · 2 min read ·

Missed the Tax Deadline? What Business Owners Should Do Next

If you missed the April 2025 tax filing deadline, you are not alone. Many business owners get caught up in daily operations, and deadlines can slip by. The good news is that you still have options. The IRS provides re…

Read article

Tax Planning for Parents Under the One Big Beautiful Bill Act

Community · 2 min read ·

Tax Planning for Parents Under the One Big Beautiful Bill Act

The One Big Beautiful Bill Act, signed in July 2025, changes how you plan for taxes as a parent. It extends federal tax brackets from the 2017 Tax Cuts and Jobs Act, adjusts credits and deductions, and introduces new…

Read article

IRS Staff Cuts and Tax Law Changes Could Disrupt Next Tax Season

IRS · 1 min read ·

IRS Staff Cuts and Tax Law Changes Could Disrupt Next Tax Season

The recent tax season ran smoothly, but the outlook for 2026 is less certain. Staff reductions and upcoming tax-law changes could complicate return processing and slow down refunds. Adapting to new rules takes more th…

Read article

Energy Tax Credits Are Still in Play Despite New Legislation

Taxes · 2 min read ·

Energy Tax Credits Are Still in Play Despite New Legislation

Some have feared that a new federal budget law, known as the One Big Beautiful Bill Act, would eliminate clean energy tax credits. That has not happened. While certain aspects have changed, the foundation established…

Read article

Taxes · 3 min read ·

What to Do When You Overpay Taxes in One Period but Need It Applied to Another

It happens more often than you’d think: a duplicate tax payment, a last-minute correction, or an error in the numbers—and suddenly, you’ve overpaid a tax for one period. Whether it’s payroll taxes, sales tax, or incom…

Read article

What Small Business Owners Need to Know About Net Operating Losses

Business · 2 min read ·

What Small Business Owners Need to Know About Net Operating Losses

Small business owners can use net operating losses (NOLs) to offset taxable income from other years; however, a recent Tax Court case makes one thing clear: merely intending to start a business does not automatically…

Read article

What the 2025 SALT Changes Mean for You

News · 2 min read ·

What the 2025 SALT Changes Mean for You

The 2025 tax law temporarily raises the federal deduction for state and local taxes (SALT) from $10,000 to $40,000, a change that has drawn significant attention. Despite the increase, only a small number of taxpayers…

Read article

Business · 3 min read ·

What Is Nexus ?And Why It Matters for Your Sales Tax Compliance

As a business owner, understanding sales tax rules probably isn’t your favorite part of the job, but knowing what nexus is (and how it applies to you) can help you avoid costly penalties and audits. Let’s break it dow…

Read article

Taxes · 2 min read ·

Important Tax Filing Tips If You Filed an Extension

If you filed an extension this year—this is for you. If you’ve already sent in your return, this might be a little dated, but still worth a quick listen for next time. So, here’s what to know before you file: First—ga…

Read article

News · 2 min read ·

House Passes Bipartisan Tax Bills Aimed at Fairness and Relief for Small Businesses

The House of Representatives passed four bipartisan bills aimed at making the tax process fairer and more user-friendly, and they’ve gained strong backing from the American Institute of CPAs (AICPA). These measures ar…

Read article

Taxes · 2 min read ·

R&D Tax Write-Offs Might Be Coming Back—Here’s What to Know

Congress just cracked open the door to some long-overdue tax relief, and if you’re running a small business or startup, this could finally be the break you've been waiting for. The House passed a major budget resoluti…

Read article

Ready when you are

Ready for the books to feel lighter?

Start with a simple conversation. We’ll learn what you need and decide together whether we’re the right fit.

Start a conversation