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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 ·

Benefits of an Individual 401(k) Plan

Are you a sole proprietor looking for retirement savings options? Are you aware of the fact that you can have an individual 401K account to save for your future? Usually, small company owners are told to open an IRA a…

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Taxes · 3 min read ·

IRS Miscalculated ACA Premium Tax Credits

For most, tax season is over; but if you purchased your healthcare plan through ACA’s Health Insurance Marketplace, you could still owe more than what you already paid or you might receive a larger refund. In a recent…

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News · 2 min read ·

New Legislation on Taxes - The Taxpayer Protection Act of 2016

The Taxpayer Protection Act of 2016 was passed on Wednesday, April 20, 2016, to protect taxpayers from tax fraud and identity theft. The provisions of this law will provide a point of contact to help identity theft vi…

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News · 2 min read ·

Taxpayer Information Still in Danger from Past Data Breaches

Although the Internal Revenue Service (IRS) tries very hard to secure taxpayer information, thieves have found ways around them. Taxpayers, more than ever, are the victims of stolen refund payments and identity fraud.…

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Business · 4 min read ·

Health Care Law Makes Tax Season Tougher for Small Companies

Though we are a small business, we have had to battle with the stress of filing health care reports for our larger client. Here is some information from http://bit.ly/1TZMNVk we believe might be useful for large emplo…

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News · 3 min read ·

Tips to Protect Yourself from Identity Theft

In the craze of tax season, it's important to be aware of the dangers of identity theft and tax fraud. Here is some information you might find useful this tax season. Taxpayers are not doing what's necessary to protec…

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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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Communication · 2 min read ·

Education Tax Credits for Students

If someone in your household is going to college, you may be able to get a refund on your next tax return. Here is some helpful information about education tax credits. The American Opportunity Tax Credit is worth up…

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Business · 3 min read ·

Are You Paying Hidden Investment Fees?

Saving enough money for retirement is hard. Its even more difficult when some of your money is taken away by fees that are unseen and possibly unnecessary. Small fees can have a big impact over the long term, and ever…

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Community · 2 min read ·

What to Know Regarding Teen Part-Time Jobs and Taxes

Often teens take a part-time job but aren't always aware of the tax rules that apply. Here are a few things your child should understand: Income tax withholdings will be deducted from their pay based on their income a…

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Taxes · 2 min read ·

Deductions to Claim on Your Tax Return

Are you aware of all the write-offs you can take on your tax return? There are miscellaneous tax deductions that can reduce the amount of money you owe to the IRS. The taxes could include different expenses you paid f…

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