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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 · 3 min read ·

Deadlines shortened, Penalties raised on Forms W-2 and 1099

Have you issued 1099s late because you realized that you would not likely pay a penalty? Those days are over. In the future, deadlines will have a shorter window for compliance. The good news is that you can prepare n…

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Business · 3 min read ·

Are You Getting Maximum Effectiveness from your Public Record Checks?

Are you in an industry where background checks are required, or you choose to use them once a hiring decision has been made? Do you know what you are getting when paying for a background check? One element of the back…

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Business · 3 min read ·

Relief for Deadlocked LLC Members

Are you a member of a California LLC? Are you aware there is a new law taking effect in January that will make dissolving the entity much easier than in the past? DeAnn Chase of Chase Law Group explains the new law an…

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Business · 3 min read ·

Private Debt Collectors for your Taxes

Close to 20 million people owe a combined total of $400 billion in back taxes to the IRS. Several million taxpayers have payment arrangements, and another 7 million people owe tax payments. In the latter part of 2015,…

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Business · 3 min read ·

Ten Reasons Why Nice Supervisors Win

As a supervisor, it is common to want respect and loyalty from others. Many believe leadership entails being distant and strict. Tough leadership is admired, but it does not always work well. Recent research shows tha…

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Business · 2 min read ·

Helpful Practices for Cybersecurity

Data breaches happen to any company and are a concern for firms of any size. According to an infographic by Sentek global, a study by IBM revealed that the average condensed cost of a data breach is $4 million. This i…

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Business · 4 min read ·

What Small Businesses Need to Know About Sales Tax and Shipping

I recently read a post on the Avalara website (this company has software that can help with your sales tax compliance) and I thought I'd share their information with you. As states continue to change rules on what is…

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Business · 4 min read ·

7 Terrible Naming Mistakes Entrepreneurs Make

Are you starting a business and trying to decide what to name it? Are you thinking of using a less popular domain extension to have your business name? Read the following ideas by Alexandra Watkins, Founder and Chief…

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Business · 2 min read ·

Federal Overtime Changes to Affect California Wages

The year is coming to an end and with that, new overtime and labor laws will be in effect. Changes in labor requirements can often cause more stress to employers. This is true especially when there are correlations be…

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Business · 3 min read ·

Making a Great Leader

Being a respected supervisor takes hard work and skill. Here is a partial listing of characteristics that make a great leader. Emotional Intelligence The ability to build relationships is necessary to leadership, mean…

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Bookkeeping · 3 min read ·

Separating Business and Personal Funds

One in five business owners fails at separating business and personal bank accounts. Small business owners are more likely to put off setting up a business bank account. This is a mistake that can lead to many reporti…

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Business · 2 min read ·

The Home Office Deduction - Calculating the Deduction

In the last post, we discussed what is allowable to be considered for the home office deduction. You can read that post at www.abandp.com/the-home-office-deduction-what-qualifies/ . Today we'll discuss how to determin…

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