Introduction Understanding the various tax forms and their specific purposes is essential for individuals and businesses alike. Four commonly encountered tax forms are the W-2, W-4, W-9, and 1099 forms. Each form serves a unique function and must be used appropriately to ensure compliance with tax regulations. In this article, we will delve into the [...]
This article was first published in the Springfield Business Journal's 2024 Giving Guide. As we enter a season of giving, being mindful of tax credit availability can put you ahead during tax season and greatly reduce your tax bill. Both tax deductions and credits can be beneficial in reducing taxes each year. A deduction reduces taxable [...]
IPA honors the top 75 firms annually Abacus! is excited to announce that it has been recognized as a Best of the Best Firm by Inside Public Accounting (IPA) for the second year in a row. This prestigious accolade highlights the firm's dedication to excellence in management, growth, and strategic vision. The Best of the [...]
Abacus! garnered national attention for its growth for the second time this year as a Fastest-Growing Firm in the U.S. This accolade highlights the firm’s continued momentum and success within the accounting industry. In addition to being named a Fastest-Growing Firm, Abacus! has also been recognized as a Top 300 Firm and a Best of [...]
The annual report lists “Who’s Who of the Accounting Profession” For the second consecutive year, Abacus! has made a significant leap on Inside Public Accounting’s (IPA) Top Firms list, advancing 34 spots from a year ago. The firm now ranks at No. 280, up from No. 314 in 2023, marking its third consecutive year on [...]
Now on a first-name basis! Springfield, MO – August 12, 2024 – Abacus CPAs has been a local staple in providing better tax and accounting guidance to the Springfield area for over two decades. To better reflect its growth and dedication to providing exceptional service, the firm announced a rebrand to Abacus! with new sub-brands [...]
Payroll can seem intimidating, especially if your business employs many people, but with a streamlined process, it doesn’t have to be. We’ve highlighted some of the best-practice payroll tips for small business owners. Benefits of Implementing Good Payroll Practices Following good payroll practices helps you to avoid costly errors, such as: Classifying workers inaccurately [...]
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 [...]
