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 ·
Is Paying Your Employees Through Mandatory Direct Deposit Legal?
For a lot of employers, there’s no question that paying your employees through direct deposit into their bank accounts, versus a paper check, is a lot easier. Saving money and resources that would go to paper supplies…
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Taxes · 2 min read ·
Adjusting Withholding for a Lower Tax Bill
Do you often find yourself owing more than expected on your yearly tax returns? While there’s a multitude of ways you can try to save on your taxes, one way to reduce your yearly tax bill is to adopt a better “ pay as…
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Taxes · 3 min read ·
Tax Benefits for Military Personnel
When it comes to our nation’s armed forces if you or your spouse has served in the military, your sacrifice deserves acknowledgment – one of the ways the IRS says “thank you” is several notable tax breaks for members…
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Payroll · 3 min read ·
10 Elements in Employee Handbooks
When it comes to keeping your employees – both new hires and existing staff – on the same page, nothing is better than an employee handbook. Useful for ensuring everyone is aware of company expectations, rules, guidel…
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Payroll · 2 min read ·
New LA Minimum Wage as of July 1, 2019
Is your business operating in the city of Los Angeles or unincorporated areas of Los Angeles County? The minimum wage increased again on July 1, thanks to legislation which took effect on July 1st, 2016. If an employe…
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Community · 4 min read ·
13 Tips for Secure Public WiFi (Part Two)
Welcome to part two of 13 Tips for Staying Secure on Public WiFi! We all use it. We all love it. But gosh darn it, if public networks aren’t incredibly risky for anyone to sneak in and steal your personal information…
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Community · 3 min read ·
13 Tips for Secure Public WiFi (Part One)
Cafes, airports, libraries, the subway… Public WiFi can seem like a saving grace (or just convenient bonus) for anyone with no cellular service, little data available, or simply looking to get some work done on their…
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Taxes · 2 min read ·
Reporting Cash Payments to the IRS
Have you received a large sum of cash this year in a recent business deal? According to Federal Law, all persons who are given over $10,000 cash in one or more related transactions, are required to report the sum to t…
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Community · 3 min read ·
It’s Time to Update Your Payment Options
With the rise of millennials and the digital space, it’s no secret that the time’s are changing. From online shopping, to credit cards and “Apple Pay”, there’s a new expectation in the marketplace now for businesses t…
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Business · 3 min read ·
5 Ways to Deal with a Late-Paying Client
For a small business, nothing is more vital than a reliable cash flow, which is why it’s so frustrating when payment is late after the job is complete. How do you deal with a client who’s invoices are overdue? How do…
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Community · 3 min read ·
5 Tips to Increase Credit Rewards
We all love getting rewarded for our everyday purchases through credit cards. Truly a win-win situation for all involved, as credit card companies charge a small fee to every business who accepts a purchase, more swip…
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Taxes · 2 min read ·
IRS Audits of Millionaires is Decreasing
In an all time low, statistics by Syracuse University’s Transactional Records Access Clearinghouse (TRAC) found that out of every 100 millionaires, only 3 were audited by the IRS last year, while less than half of the…
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