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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.

Payroll · 3 min read ·

The New 2018 IRS Payroll Tax Withholding Tables

The Internal Revenue Service has released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation. This is the first in a series of steps that IRS wi…

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Sales tax · 3 min read ·

How to Avoid or Survive A Sales Tax Audit

Many small and mid-size businesses hire accountants and bookkeepers with the expectation they’ll help prevent an audit. Unfortunately, it can't be guaranteed you won’t be audited for sales and use tax. States need sal…

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Business · 3 min read ·

6 Mistakes to Avoid for your Start-Up

As you begin your start-up company in 2018, it is highly important that you prepare well and not make commonly made mistakes. Preparation is everything, and failure to plan will result in setbacks that could have been…

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Taxes · 4 min read ·

How To Fill Out 1099-Misc Forms

In the last post, I discussed the exceptions to the 1099 rules. If you missed the post, you can read it here. Today I'm going to explain how to properly fill out the forms required by the IRS. There is a lot of inform…

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Bookkeeping · 2 min read ·

Exceptions to 1099 Filing Requirements

In the last post, I shared some basic information on who is subject to report, as well as who is subject to receive form 1099-MISC. If you missed that post, you can find it here. There are exceptions to the rules list…

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Bookkeeping · 2 min read ·

Who Should Receive a 1099-Misc Form?

Business owners are required to file 1099 forms for vendors if the purchases and those who have been paid fall into certain categories. These forms are due to the recipient and the Internal Revenue Service by January…

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Business · 2 min read ·

Core Values: A Foundational Key To Success

Are you aware that core values can impact your success? The heart of any business is its core values. It does not take long to see stories of companies that have been unethical. It seems in our day and age, not only a…

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Taxes · 2 min read ·

Recent CA Fires and Property Tax Relief

Are you a resident of California affected by the recent fires? There have been emergency proclamations in the counties of Santa Barbara, San Diego, Los Angeles, and Ventura. The state of emergency has caused building…

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Business · 2 min read ·

OSHA First Aid Definitions

If you are an employer with 10 or more employees, you could be potentially subject to OSHA reporting for any illness or injury occurring in your business. To read the details, see our last post . However, they do not…

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Business · 2 min read ·

OSHA Injury Reporting Requirements

Do you employ more than 10 workers? Are you aware you may be required by OSHA (Occupational Safety and Health Administration) to keep a record of serious work-related injuries and illnesses? To find out if your indust…

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Business · 2 min read ·

CA Parental Leave for Smaller Employers

The New Parent Leave Act has been passed into law and took effect on January 1, 2018. Under this new law, certain California employers are required to provide eligible employees with 12 weeks of unpaid, job-protected…

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Payroll · 1 min read ·

CA Passes Salary History Ban

AB 168 passed into law on October 12, 2017, amending the California Fair Pay Law by prohibiting all California employers from inquiring into an applicant’s salary history starting January 1, 2018. Specifically, under…

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