Got assets and need cash? As a Senior Analyst for Abacus CPAs, I have seen this all too often. Business owners, like you, get the short end of the deal. You spend a ton of money to build, buy, and add on to facilities for your business, and at the end of the year, you still [...]
You might be surprised to know it, but taxes are not only due April 15th. The IRS wants taxpayers to send in money throughout the year to keep the government running. Most people have their taxes sent in by their employers through deductions straight from their paychecks. But for those who have income from outside of [...]
As an accounting professional, I interact with many clients. As a millennial, I know some interactions can feel overwhelming. I’m here to tell you there is hope! Each client is different and has different communication preferences. I’m going to share various options available to you to improve your client relations by practicing effective and engaging interactions. [...]
When you think of a leader, what image comes to mind? A strong, confident person who can inspire others or someone willing to lead others through adversity to achieve a common goal? There have been many great models of leadership throughout history, but did you ever wonder how they became such great leaders? It really [...]
As a small business grows from a single-person sole proprietorship to a multi-national corporation, the needs of the company will grow and change. Hiring a controller or chief financial officer (CFO) can ease the growing pains of your company and streamline the growth process. At the beginning of the company’s life cycle, growth is driven by [...]
The first round of the 2020 economic impact payment (stimulus check) is a refundable tax credit on your 2020 tax return that has been issued in advance by the federal government based on the adjusted gross income reported on your 2019 or 2018 tax returns. Each qualifying adult will receive $1,200 and $500 for each qualifying [...]
With individuals and businesses looking for more efficient methods to collaborate remotely, especially recently due to the COVID-19 pandemic, Microsoft Teams can be utilized to address these needs. However, like any tool that is used simultaneously by multiple members, there are some best practices and etiquette that should be adopted in order to experience the best [...]
Investing in real estate has been a common way to make money throughout history. In today’s world, real estate investments, in the form of flipping houses or holding property long-term, are especially popular. Programs like Fixer Upper and House Hunters show the profits that are available to those who are willing to take the risk of [...]
When you first started in the accounting field, you were probably often asked if you planned on doing public or private accounting. I felt very limited by this question when I first encountered it, but only because I did not understand that there are endless possibilities within these two categories. Here, we will focus on how [...]
Since 1983, QuickBooks has been developing accounting and bookkeeping software for its customers. Implementing web, mobile, and cloud-based solutions to serve their mission better is to power prosperity worldwide. QuickBooks online and desktop versions provide a myriad of tools and a varying degree of management levels. These combinations are all built to provide a foundation for [...]
