Affordable Bookkeeping and Payroll
Menu

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 · 2 min read ·

How to Save Time & Money Dealing with Unemployment Claims

Incorrect payments of unemployment insurance (UI) benefits can be costly for your business. Overpayment of benefits can be charged to your account and alter your UI reserve, requiring a larger tax rate in a subsequent…

Read article

Business · 2 min read ·

Simple-To-Use IRS Online Tools

Do you need tax help? The IRS provides online tools that are free and easy to use. These resources are available 24/7 and can help you file your tax return, check your refund status, and get tax questions answered. He…

Read article

Business · 2 min read ·

Proposed Changes to Overtime Pay and Exempt Employees

In 1938 the Fair Labor Standards Act was created to mandate the federal minimum wage, regulate child labor, and determine exempt and nonexempt rules for overtime pay. At the date of mandate, overtime was paid if a non…

Read article

Business · 3 min read ·

Buying a Business? Important Things to Consider

Are you thinking of purchasing an established business? I wrote a blog in April of this year on the topic of buying a business and what you need to know , and recently received an email from a business contact giving…

Read article

Business · 4 min read ·

Employers Can Exclude Some Veterans from ALE Calculation

Do you employ veterans? Are you wondering if you must include them in the applicable large employers (ALE) calculation for health care coverage? My insurance company, ISU Olson Duncan Insurance, sent a bulletin to me…

Read article

Bookkeeping · 2 min read ·

Tax Planning: It's Time to Meet with Your CPA

As a bookkeeper, I always recommend to my clients that they meet with their tax planner at least one time a year, and better yet two. I usually suggest once around mid-year, and once in the last quarter. The purpose i…

Read article

Business · 2 min read ·

Do You Want to Be Liable for Credit Card Fraud?

In March of this year, I discussed the upcoming deadline for businesses to change to EMV technology, and the date to do so is now here. Failing to update your processing equipment can be costly if fraud is found to ha…

Read article

Business · 2 min read ·

Raising the Minimum Wage Might Hurt the Poor Instead of Helping Them

Raising the minimum wage may not improve the quality of life of the poor according to a new report. The Board of Supervisors authorized the study by the Los Angeles Economic Development Corp. to look at the possible e…

Read article

Business · 3 min read ·

Are You Paying Hidden Investment Fees?

Saving enough money for retirement is hard. Its even more difficult when some of your money is taken away by fees that are unseen and possibly unnecessary. Small fees can have a big impact over the long term, and ever…

Read article

Business · 2 min read ·

Is Windows 10 Right for You?

Are you thinking of upgrading your operating system to Windows 10? Are you concerned there may be bugs and perhaps you should wait a little while to upgrade? According to Microsoft, version 10 will be the final one re…

Read article

Business · 3 min read ·

Advantages of a Single Participant 401(k) Plan

For a long time, self-employed workers did not consider a one-participant 401(k) plan because of the cost and effort to put the plan into place for one person. But now there is a feasible alternative for the self-empl…

Read article

Business · 2 min read ·

ShopLocal’s 3rd Annual Small Business Grant and Gala

Do you have an independently-owned retail or service business based in the South Bay? Do you have less than 10 full time employees? Are you active or have local collaborative efforts in the community? You could win a…

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