No matter what your trade is, you should develop an understanding of the basics of accounting and bookkeeping. These are critical business skills that every business owner should know. Here are 9 useful small business accounting tips that owners should keep in mind. Key Takeaways: Keep records and receipts organized. Set up accounting systems by [...]
If you’re anything like us, you searched the value of gold medals, freshened up on Simone Biles’ achievements, and said, “Bonjour!” more than ever in the last month as you competitively watched the 2024 Summer Olympics. But if you’re wondering about the financial outcomes for gold-medalist Olympic winnings, you’re in the right spot. Do [...]
Abacus CPAs, LLC is pleased to name Christina Cooper as the recipient of the 2024 Abacus Values Award for Positive Attitude. Christina is a coordinator in the IT Department after spending many years in the Transportation Department. Christina is known for holding herself and those around her to the highest standards and is constantly improving the [...]
Abacus CPAs, LLC is excited to announce Tracie McConnell as the recipient of the 2024 Abacus Values Award for People Focus. Tracie is a Project Management Specialist in the Department of Excellence. Tracie is known for her ability to make others feel valued and for her commitment to excellence. She is proactive in her approach to [...]
Abacus CPAs is eager to announce Ashlyn Ballard as the recipient of the 2024 Abacus Values Award for Client Service Orientation. Ashlyn is the Senior Coordinator of Marketing Excellence in the Department of Excellence. Ashlyn is known for her drive to achieve. She understands what clients need and can make communication fun and engaging. “I know [...]
Abacus CPAs is delighted to name Austin Bordovsky as the recipient of the 2024 Abacus Values Award for Positive Attitude. Austin is an accountant in our Fayetteville office. Austin is a recent graduate of the Walton College of Business at the University of Arkansas and interned for nearly two years before joining the team full time. [...]
Abacus CPAs, LLC is pleased to announce Candice Alcantar as the recipient of the 2024 Abacus Values Award for Ownership. Candice is a Senior Client Support Specialist in the Transportation Department. When Candice started at Abacus in 2020, she quickly became a leader in her department by eagerly taking on tasks and intentionally learning every day. [...]
Navigating taxes can get complex, especially for franchise owners, who must balance meeting rigid tax regulations and the unique demands of franchise ownership, be it royalty fees or franchise taxes. Getting into a franchise is often much easier than starting your own business from scratch, but it has some drawbacks, the two major ones being [...]
Accurately classifying your workers is an important part of keeping your business compliant. Not only that, strategically hiring a mix of 1099 and W2 employees can help you scale your business more quickly. To stay competitive in the free market, you need to maximize your pay structure and choose the payroll structure that is the [...]
Filing taxes doesn’t have to be a stressful ordeal. Following some simple steps throughout the year can make the process much smoother. Here are some friendly tax tips to help you out: Organize Your Tax Records Keeping your tax records organized is essential. Create a system where you store all important documents together. You can use [...]
