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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.

News · 2 min read ·

Don't Be Scammed by Cyber Criminals

The Internal Revenue Service receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the IRS. Many of these scams fraudulently use the IR…

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News · 2 min read ·

Supporting Those You Know in Business

I am very lucky to provide bookkeeping, sales tax and payroll services to small business owners. I enjoy giving them peace of mind knowing the are in compliance with their filings and that they have more free time to…

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News · 2 min read ·

How to Find an Accountant

It's tax time again. If you are new in business (or need to find a better option than what you have now) it may be time to look for an accountant. How do you find the one that is right for you and your business? Here…

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News · 2 min read ·

Temporary Location Sales Tax Permits

Do you sell products and remit sales tax to your state tax agency? Do you sometimes sell your products a craft fairs or temporary locations? Are you aware of the regulations regarding these types of sales? As you are…

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News · 2 min read ·

Why It’s Important to Separate Business and Personal Funds

Many small business owners run their financial transactions though personal bank and credit card accounts thinking it is easier (and possibly less expensive). As a business owner, you need to have separate bank and cr…

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News · 2 min read ·

Why You Should Register for an EIN as a Sole Proprietor

An EIN (Employment Identification Number) is assigned by the IRS for businesses that have registered as any type of entity (corporation, partnership, trust, etc.). It is the number used to identify the business for ta…

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News · 2 min read ·

States Considering Charging Sales Tax on Accounting Services

The AICPA's (American Institute of CPAs) Advocacy program states that as many as 24 states "anticipate that their 2013 legislature will consider a proposal to tax accounting services." Let me start by saying I am not…

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News · 2 min read ·

What to Do With Un-Cashed Paychecks

Did you know that if an employee does not cash a paycheck that you can't just void it in your system once it has become stale dated? If you notice there are un-cashed checks in your accounting file after a reasonable…

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News · 2 min read ·

Networking Matters Success!

On Wednesday February 20, I was part of the committee hosting the 2013 Networking Matters fundraiser networking mixer which raised money for local charities. The two organizations we chose to help this year were the P…

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News · 2 min read ·

W9 Form: Request for Taxpayer Identification Number and Certification

Are you prepared to file 1099 forms for payments made to your vendors in the course of business? Have you collected the W9 forms so that you can file the information in January of next year? In order to know which ven…

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News · 2 min read ·

IRS Cracks Down on Identity Theft to Protect Taxpayers

The IRS is working hard to protect your identity when it comes to income tax filing. Taxpayers can encounter identity theft involving their tax returns in several ways. One instance is where identity thieves try filin…

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News · 2 min read ·

Out of My Comfort Zone

I have been a reader of Today's Innovative Woman since it first published a few years ago. I knew the publisher through business and wanted to support her, and I found the magazine had amazing content. This is also th…

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