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.
Taxes · 2 min read ·
The Quandary of Audit Opinions: Do They Truly Matter?
In a recent legal case involving AmTrust Financial Services, the Second U.S. Circuit Court of Appeals made a controversial ruling, stating that the audit opinion provided by BDO USA auditors was "so general" that inve…
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Business · 2 min read ·
Navigating Innovation: A Reader's Insight into the Evolving Landscape of Accounting Professions
Today I will be discussing the insights derived from the book "The Future of the Professions: How Technology Will Transform the Work of Human Experts," authored by Richard and David Susskind in 2015. The authors, with…
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Video · 3 min read ·
6 Tips for Small Business Branding with Social Media
Developing a recognizable and effective brand for your company is important. Here is some helpful information I came across from SBA.gov that suggests a few ways to increase your business’s visibility and brand streng…
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Business · 2 min read ·
Navigating Corporate Changes: How Shareholders' Moves Affect Business Operations and Compliance
Today I will explore the potential impact on a corporation's status when shareholders move to a different state. It emphasizes that the effects depend on various circumstances and addresses three key scenarios: Busine…
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Video · 3 min read ·
7 Tips That Will Save You Money on Bookkeeping
Over the years I’ve learned how to efficiently and effectively assist many small business owners with their bookkeeping. Today I want to share a few tips with you to help you streamline your process and potentially re…
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Taxes · 2 min read ·
Understanding the Taxability of NFTs
Tax authorities worldwide are deciding how to tax non-fungible tokens. Now is the time to get clarity on this quickly evolving phenomenon. You might be wondering what non-fungible tokens (NFTs) are all about. An NFT i…
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Video · 2 min read ·
Navigating Change Successfully: A People-Centric Approach
Embarking on organizational change is more than just a logistical challenge; it's about managing the human element of transition. Let’s explore the crucial role of people in driving and embracing change. Here are five…
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IRS · 3 min read ·
Why You Might Want to File an Extension - It's Not Desperation
As tax season approaches, many taxpayers feel the pressure to file their taxes on time. However, filing for a tax extension could be a smart financial move rather than a sign of desperation. That's right—contrary to p…
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Video · 2 min read ·
Navigating Opportunity Zones: A Strategic Guide to Tax Savings, Portfolio Diversification, and Social Impact
Today, let's delve into the impactful world of Opportunity Zones—a program initiated by Congress in 2017 as part of the Tax Cuts and Jobs Act. This groundbreaking legislation encourages private investment in underpriv…
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Testimonials · 1 min read ·
Testimonial by Joy McCray Elizabethton Chamber of Commerce
"We recently started using QuickBooks online to send and track membership dues, sponsorships, and event revenue. We knew the basics but were barely using all the tools QuickBooks offered. We scheduled a training with…
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Business · 2 min read ·
Strategic Approaches to Navigate Employee Salary Requests: A Five-Step Guide for Small Business Owners
In recent years, employees have become bolder with salary and compensation expectations, challenging small business owners in terms of staff retention and turnover. If you are unsure how to handle wage increase reques…
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Video · 2 min read ·
Navigating the Retail Landscape: Unraveling the Complexities of Consumer Spending
Over the last year, the retail landscape has undergone unprecedented shifts, with retailers grappling to understand and adapt to contradictory dynamics in the economy. The following factors have complicated prediction…
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