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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 · 2 min read ·

IRS Names it's Dirty Dozen for 2020

Each year, the IRS issues their Dirty Dozen tech scams list and the 2020 information has been released. Some items that appear this year have appeared in prior years as well and one of the ones that has continued to b…

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Business · 2 min read ·

How to Appeal your Paycheck Protection Plan Loan Forgiveness Decision

If you’re a small business owner and you had your Paycheck Protection Plan loan forgiveness rejected, the latest update from the Small Business Administration (SBA) may be of some help. According to Accounting Today,…

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COVID-19 · 2 min read ·

Beware of New Tax and Coronavirus Payment Scams

The Criminal Investigation (CI) division of the IRS has recently reported a variety of scams related to the COVID-19 pandemic. Cons involving economic impact payments (EIPs) have been common over the last several mont…

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Payroll · 2 min read ·

Should You Offer the Payroll Tax Deferral?

https://youtu.be/dJ-45QfPfGU Are you an employer who wonders if you should offer the payroll tax holiday to your employees, or are you curious about how that tax would be repaid? The law states that payroll taxes can…

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Taxes · 1 min read ·

Unemployment Benefits are Taxable

Are you a worker who's collecting unemployment benefits or an entrepreneur who had assistance through your state agency? Are you aware that these unemployment benefits are taxable and you may end up with a large tax b…

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Taxes · 3 min read ·

IRS Releases "Dirty Dozen" Tax Scams in 2020

The IRS recently released its list of scams to watch out for in 2020. Because of recent Coronavirus tax relief measures, scam artists are targeting taxpayers more heavily than ever before. According the IRS officials,…

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COVID-19 · 3 min read ·

Cash Use Declining in Response to COVID-19 Pandemic

The so-called “War on Cash” that has escalated in the last decade has become even more pronounced in the midst of the COVID-19 pandemic. The rise of e-commerce as well as fears over potential contamination of bills an…

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Business · 2 min read ·

PPP Loan Forgiveness

Are you an employer who received a PPP loan? Are you wanting to apply for forgiveness, so that you don't have to pay the SBA back? There are many who are interested in applying for the PPP forgiveness, and have been r…

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Business · 3 min read ·

Why Consider Starting A Business During a Recession

Starting a business is a challenging and involved process. From its conception to attaining funding to launching and marketing, becoming an entrepreneur requires a lot of passion. Because of the current economic downt…

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Business · 3 min read ·

The Role of Social Media Marketing During a Crisis

As business becomes increasingly digitally reliant and most companies are connecting with their customers and clients online, the role of social media marketing becomes an even more important way to advance your busin…

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Business · 2 min read ·

Worker Confidence is Beginning to Recover Amidst the Pandemic

The Coronavirus pandemic has had a significant impact on the workforce, turning normal day-to-day operations on their heads for many companies. Employees are dealing with new challenges related to working from home, i…

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COVID-19 · 2 min read ·

Security Exchange Commission Loosens Crowdfunding Regulations Amidst COVID

The Security Exchange Commission (SEC) recently announced that it plans to loosen regulations surrounding crowdfunding for smaller companies amidst the global pandemic of COVID-19. This temporary, conditional relief w…

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