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 · 1 min read ·
CalSavers Program
https://youtu.be/qEkUbLLaK4M Are you a California employer that does not have an employee retirement plan in place? If so, tune in as this information is important to you. The state of California requires that all emp…
Read article
Bookkeeping · 1 min read ·
What Deferral Means
https://www.facebook.com/AffordableBookkeepingAndPayroll/videos/1097160887384478?source=13&player_origin=unknown&__xts__[0]=68.ARCE9PNwCearVGfPSei_ikn1GcQQVbAtEeHOGopXvGIOxSsrQWqBsLPZWlcXNcuCNWOHpJPy1Zhym5qS0OUFk42vdX…
Read article
Bookkeeping · 2 min read ·
Telecommuting Employees May Establish Tax Nexus
Many states are taking advantage of the rise in telecommuting due to the pandemic to trigger the establishment of a tax nexus. Unfortunately, this may create additional administrative and tax burdens for small busines…
Read article
Bookkeeping · 2 min read ·
The Partnership Between Your CPA and Bookkeeper
In order to fully maximize the efficiency of your company’s fiscal recordkeeping, you may choose to hire both a CPA and a bookkeeper. While it may be tempting to try to hire one person to manage all of your financial…
Read article
Bookkeeping · 2 min read ·
Why You Should Hire a Bookkeeper
When you’re passionate about your business, it can often seem like handling finances is getting in the way of the big, exciting goals you have for your company. Spending time on payroll, accounts payable and receivabl…
Read article
Bookkeeping · 2 min read ·
Intuit to Discontinue Support for QuickBooks 2016
As happens each year, Intuit (the creators of QuickBooks) will retire an older version of their software. As of May 31, 2019, QuickBooks Desktop 2016 will be discontinued, and all current users will need to upgrade to…
Read article
Bookkeeping · 1 min read ·
Bank Import vs Reconciliation
Are you an entrepreneur using QuickBooks Online and assuming that the import to QuickBooks from your bank means that your accounts are reconciled? I've worked with some people in the last couple months who've wanted t…
Read article
Bookkeeping · 2 min read ·
3 Common Sales Tax Mistakes Businesses Make
Business owners often have a lot to think about. From weighing bright ideas and establishing systems for growth, to juggling clients, regulations, and inventory, it can be both an exciting and stressful time for small…
Read article
Bookkeeping · 3 min read ·
How to Switch from QuickBooks Desktop to Online
Whether you’re upgrading to QuickBooks Online to prevent losing your information to the sunsetting of an older desktop application, or just seeking to take advantage of cloud access QuickBooks Online has to offer, tra…
Read article
Bookkeeping · 3 min read ·
What’s the Difference Between Cash and Accrual Accounting?
You can have the same amount of money flowing in and out of your business, but did you know that the way you choose to account for that cash-flow in your books can affect the tax due on your return? Beyond the obvious…
Read article
Bookkeeping · 2 min read ·
Payroll Support to End for QuickBooks 2015
Per Intuit’s (the creators of QuickBooks) yearly tradition to retire an older version of their QuickBooks software, Intuit has announced that on May 31, 2018, QuickBooks Desktop 2015 will be discontinued, and as such…
Read article
Bookkeeping · 2 min read ·
Due Dates for Filing 2017’s Tax Returns
It’s officially tax season, which means it’s time to gather your documents, meet with your CPA, and start filing your 2017 tax returns. To help you stay on top of things, here’s everything you need to know about this…
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