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 · 3 min read ·
Are You Ready to Freelance Full-Time?
Taking the leap from “side-hustler” to “full-time freelancer” can be both exhilarating and terrifying. While being an entrepreneur is incredibly rewarding, it also has its pitfalls. Not having a regular paycheck or be…
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Business · 2 min read ·
Key Self-Employed Tax Issues
Being an entrepreneur comes with its own unique set of tax challenges. Self-employment taxes can seem complicated and overwhelming, but they actually boil down to four important categories. According to Accounting Web…
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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…
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Business · 3 min read ·
How to Maximize Your Business Lunch Meetings
Inviting a client out to a business meal is a great way to network and get to know the people you serve. As Journal of Accountancy points out, it can also provide a perfect opportunity to check in on their business go…
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Business · 3 min read ·
How to Manage Your Cash Flow
As an entrepreneur, learning how to manage your cash flow can be difficult. It is all too easy to get stuck in the day-to-day operation of your business and lose track of the larger financial picture. However, no busi…
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Business · 3 min read ·
Do You Qualify for a Home Office Deduction?
The home office deduction is one of the most sought-after (and confusing) tax deductions for small business owners. While it is often misunderstood and misused, the rules surrounding this coveted tax benefit are fairl…
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Business · 3 min read ·
Step-by-Step Guide to Starting Your Business
Becoming an entrepreneur can be a lot of things at once: exciting, scary, confusing, fulfilling, stressful… With so many different things to do to get your operation up and running, knowing where to start can help you…
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Business · 3 min read ·
How to Lower Your Self-Employment Taxes
While being an entrepreneur allows for great freedom in your work schedule, location, and creative vision, paying self-employment taxes can be daunting. Because you are essentially paying the taxes required from the e…
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Business · 2 min read ·
How to Close Your Business (The Right Way!)
There are many potential reasons for deciding to step away from your business. Whether you are selling it to a new owner, dissolving it due to lack of profit, or simply closing up shop in order to retire, the end of y…
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Business · 3 min read ·
What to Know If You’re Running a Home-Based Business
Working from home can be an incredibly fulfilling experience. Whether you’re making the most out of your startup budget by saving the expense of renting a separate office space, taking care of your children during the…
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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…
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Business · 3 min read ·
Which Payment Methods Should You Accept
Whether you’re selling a service, digital product, or physical goods, chances are that you need to process payments nearly every day. There are so many different methods of accepting payments both on and offline that…
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