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 · 4 min read ·
Master Your Financial Health with These Strategies for a Stress-Free Future
Financial well-being is a common aspiration, and within this article we will explore key strategies to ensure your financial future is secure while reducing stress. These strategies cover a wide range of financial man…
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Business · 2 min read ·
Unleashing Your Voice
Are you afraid to speak up in business meetings? Do you feel insights you’d share would be discounted? You may find yourself grappling with hidden scripts of doubt and fear. Perhaps you are overly sensitive to others'…
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Business · 1 min read ·
Navigating Hobby Loss Rules: Recent Cases Illustrate the Importance of Records and Proper Reporting
Proper record-keeping, applying business-like practices, and accurate reporting are paramount to navigating the fine line between enjoying personal interests and running a legitimate business for tax purposes. In a re…
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Business · 3 min read ·
Navigating Business Letter Abbreviations: Enclosures, CC, Typist's Initials, and More
This guide defines various business letter abbreviations, their usage, and tips for effective communication. It covers the proper format for indicating enclosures, understanding CC notation, and deciphering typist's i…
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Video · 2 min read ·
Managing Employee Salary Requests and Promotions: A Practical Guide for Small Business Owners
Today I want to discuss the important topic of managing employee salary requests and promotions. I'll cover the key points of an article by Chase Law Group that provides a five-step guide to effectively handle these s…
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Community · 3 min read ·
Economic Strain: 92% of Americans Cut Spending as Inflation Worries Mount
Your business has most likely noticed that the spending habits of the public have changed significantly in the recent past due to concerns about inflation. A recent CNBC and Morning Consult survey has unveiled a notab…
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Business · 2 min read ·
Challenges Facing Not-for-Profit CFOs: Inflation, Outsourcing, Risk, and Role Expansion
In today's not-for-profit (NFP) landscape, Chief Financial Officers (CFOs) are encountering unique challenges. These include inflation, outsourcing, risk management, and the evolving role of the CFO. Inflation The ris…
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Video · 3 min read ·
The Rising Cost of Living Fuels Global Job Search and Gig Economy Surge
The world's employed population is navigating increasingly turbulent financial waters as the cost of living continues to soar. The recently unveiled findings from the Global Workforce Hopes and Fears Survey conducted…
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Business · 2 min read ·
State Minimum Wage Changes Effective January 2024
If you are an employer, you know it’s imperative to keep up to date with labor law and wage changes. It’s time again to look at the upcoming changes taking effect on January 1, 2024. Alaska : $11.73 Arizona : $14.35 (…
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Video · 2 min read ·
IRS Notices CP2100 and CP2100A: Navigating Taxpayer Identification Discrepancies
When banks, credit unions, businesses, and various other payers file information returns with discrepancies that do not align with IRS records, a series of notices are issued by the Internal Revenue Service (IRS). The…
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Video · 2 min read ·
IRS Extends Tax Relief for Victims of Terrorist Attacks in Israel
In a move aimed at assisting individuals and businesses affected by the recent terrorist attacks in Israel, the Internal Revenue Service has introduced significant tax relief measures. If you are grappling with the af…
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Business · 4 min read ·
Charting Success: An Entrepreneur's Guide to Building a Thriving Business
Written and Submitted by Spencer Gray Entrepreneurship is a growing trend, offering individuals a platform to turn their innovative ideas into successful businesses. This guide, courtesy of Affordable Bookkeeping & Pa…
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