As a small business owner, you have to pay for everything, including your own health insurance. You do not have the benefits of working for a corporation where health insurance, retirement savings, or other fringe benefits are provided free of charge. However, there are perks to being your own boss. You can set your own hours, [...]
Do you remember the dreaded lost and found in elementary school? The infamous pile of unlabeled clothes begins to look incredibly similar the more you searched through the pile. The problem of losing, misplacing, or forgetting about things is a common problem for everyone, and thus why we have companies creating apps, such as “Find [...]
Buying or owning a home can be a stressful task to undertake. From the research it takes to find out which house you want to taking the time to calculate how much you can realistically afford, it is refreshing to know that buying a house can lead to some pretty favorable tax breaks. Some of the [...]
As you spend your career living for your business, you should be mindful of the value of your business. The use of a business valuation is not limited to determining an asking price. We're suggesting every business owner should be aware of the value of their business for many more reasons. We want to explore just [...]
“There’s a saying that employees don’t leave companies. Employees leave managers.” This is a statement I have heard time after time. It can be frustrating to see your company's best assets leave and transfer to a competitor. Abacus CPAs LLC understands the importance of a workplace centered on coachable managers and staff. We value our employees [...]
When considering a restaurant as a place of amusement, last-minute catering, personnel issues, vendor meetings, and all of the other little things that make up the daily grind of running a restaurant often do not allow for as much time to dedicate to financial reporting as business owners would like. Filing your monthly or [...]
Abacus CPAs, LLC takes pride in our lifetime learners who have achieved the feat of passing the CPA exam. Taking tax and accounting to the next level, being a CPA gives you an extra level of distinction. However, those CPA letters behind one’s name do not come easily. For students in many disciplines, graduation is the [...]
A CPA can provide forensic and/or tax services concerning the identification and division of marital property. While the divorce may be amicable, it can still involve financial matters that can be complex, and an accountant can provide valuable support to divorcing individuals and their attorneys in achieving a more equitable settlement. More specifically, one might consider [...]
