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.

Taxes · 2 min read ·

Quarterly Estimated Taxes for Self-Employed Individuals

In a traditional job, an estimation of your federal and state income tax, as well as social security and Medicare taxes are taken from each paycheck. At the end of the year when you file your tax return, you will eith…

Read article

Business · 3 min read ·

Things to Avoid When Interviewing

Hiring a new employee can be a difficult process. Between attracting the right applicants, sending them through a screening process, and scheduling interviews, it takes a lot of work to find the right person to fit th…

Read article

Business · 3 min read ·

Should You Use Venmo for Your Business?

You’ve completed a job and sent out an invoice via PayPal when you get a message from your client asking, “Can I pay you through Venmo?” This scenario is becoming increasingly more common for small business owners. Fo…

Read article

Business · 2 min read ·

Residual vs. Passive Income

Residual and passive income are often discussed in the online business world. In business, the two terms are used semi-interchangeably to refer to revenue that is automated. However, in the financial industry, the ter…

Read article

Business · 3 min read ·

Guide to Multiple Streams of Income

As a business owner, you’ve most likely heard that having multiple streams of income is vital to growing and scaling your business. While having money coming in from many different places sounds ideal, knowing how to…

Read article

Sales tax · 3 min read ·

The Difference Between Sales Tax and Use Tax

Unless you live in one of the five states that do not impose sales tax, the concept of paying a percentage of the purchase price of an item as tax is not a foreign concept. Sales tax is easily collected by sellers and…

Read article

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…

Read article

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…

Read article

Taxes · 2 min read ·

The Complete Guide to Non-Taxable Money

Benjamin Franklin famously penned that “in this world nothing can be said to be certain, except death and taxes.” This tongue-in-cheek idiom has become a popular lament that seems to resurface each tax season. Small b…

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

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…

Read article

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…

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