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 ·
How to Write Off Hobby Expenses
In the last post, we discussed the factors used to determine if the activity in which you are engaged is a hobby or a business. To read that post, click / hobby-really-business / . Today we're going to discuss how to…
Read article
Taxes · 2 min read ·
Is Your Hobby Really a Business?
Many people have begun a hobby for fun, but it has turned into a business. I have helped several clients who started out using their product or service for family and friends and demand from others grew. So how do you…
Read article
Taxes · 4 min read ·
IRAs and Tax-Efficient Charitable Giving: What You Need to Know
If you're someone who enjoys giving to charities, this information could be of use to you. In an article by David Randolph, he offers some helpful tips for charitable IRA owners and how that could benefit them tax-wis…
Read article
Taxes · 3 min read ·
Financial Spring Cleaning: What To Keep & What To Toss After Tax Day (Cont.)
In the last blog, we shared information on the statute of limitations and how long financial documents should be retained. To read this information, see ( http://bit.ly/2pBkL6z ). Today's blog shares details on what p…
Read article
Taxes · 3 min read ·
Financial Spring Cleaning: What To Keep & What To Toss After Tax Day
Do you worry about what tax paperwork you should save and which ones are okay to throw away? In an article on Forbes.com, Kelly Phillips writes some very specific and informative tips in order to help out taxpayers li…
Read article
Business · 4 min read ·
With IRS, Ask Forgiveness Not Permission
In an article on Forbes.com, Robert W. Wood writes how on the old proverb “it's better to ask for forgiveness than to ask for permission” can be used when dealing with the IRS. It isn’t a crazy concept. After all, do…
Read article
Business · 3 min read ·
Why Small Businesses Should Always Be One Season Ahead
Now that the Spring season has started, you should start thinking about how seasonality could affect your business this year. In a recent post by Sage Blog, they offered advice on how you can plan the rest of the 2017…
Read article
Taxes · 4 min read ·
IRS Audit Traps & 5 Ways to Steer Clear
No one wants to fight with the IRS especially when it comes to tax audits. You can find out some simple ways to reduce your risk of being audited in this article from Forbes.com. 1. Be Reasonable. Do not be afraid to…
Read article
Business · 1 min read ·
South Bay Women's Conference 2017: Women of Impact and Influence
Are you a business woman looking to connect with other like-minded women? Come to the South Bay Women's Conference! Hosted every year by the South Bay Women's Association (SBBWA), this year's theme is Women of Impact…
Read article
Business · 3 min read ·
6 Characteristics of an Innovative Leader: Part 2
In the last post, we learned why leadership crises arise and the consequences of them. If you'd like to read the last blog, see ( http://bit.ly/2n8dkU1) . So, how do we truly break free from these identity crises, re-…
Read article
Business · 4 min read ·
6 Characteristics of an Innovative Leader: Part 1
Are you going through a leadership identity crisis or wondering how to improve your leadership skills? This excerpt from Glenn Llopis's book, The Innovation Mentality, shows you 6 characteristics you should have to re…
Read article
Business · 3 min read ·
Should You Take the IRS-Approved Shortcut for Business Driving?
Lots of people are curious about the IRS-Approved shortcut for business driving and if the shortcut should be taken or not. This article from Accountingweb.com could help you decide. The IRS imposes strict record-keep…
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