As a business owner, you have the opportunity to grow your business purposefully and instill trust and confidence in your clients. I've worked with many business owners in my professional career and noticed a few key strategies I'd like to share with you on your path to business success. Embrace Change and Adapt Those who do [...]
Public speaking and networking can be extremely stressful events at any stage of your career. Not to say that a green accountant fresh out of college has it any worse, but they may lack a few of the key factors that can make it just a little easier. For example, new accountants lack the knowledge, experience, [...]
Every year, businesses must issue 1099 forms to individuals and partnerships for payments issued of $600 or more for items such as rent, other income, contract labor, and payments to attorneys. Starting January 2020, payments for non-employee compensation, box 7 of 1099-MISC, will now be issued on the new form 1099-NEC box 1. Determining who must [...]
[Springfield, MO – October 09, 2020] – Abacus CPAs, LLC, is proud to announce that Adrienne McCoy has been honored as part of the 21st class of Most Influential Women by Springfield Business Journal. The virtual award ceremony is held on October 09, 2020. In the male-dominated field of Accounting, McCoy has distinguished herself as [...]
[Springfield, MO – September 11, 2020] – Abacus CPAs, LLC is proud to announce that William “Bill” Dunton has been awarded the distinction of Legacy Adviser as part of Springfield Business Journal’s 2020 Trusted Advisers. The award ceremony is held later today, September 11, 2020 via webcast. Dunton has decades of experience serving clients. Before [...]
[Springfield, MO – September 11, 2020] – Abacus CPAs, LLC is proud to announce that Cristian Rath has been awarded the distinction of Up & Comer as part of Springfield Business Journal’s 2020 Trusted Advisers. The award ceremony is held later today, September 11, 2020 via webcast. Rath has learned through the years that “People [...]
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 [...]
Abacus CPAs, LLC, is partnering with the Internal Revenue Service, state tax agencies, the nation’s tax industry, and other partners to elevate awareness around basic security. Abacus CPAs, LLC, joins a nationwide campaign to mark the annual National Tax Security Awareness Week, calling on individuals to safeguard themselves against identity theft as the tax season approaches, [...]
When talking about internal audits, the first thing people think of is a Fortune 500 public corporation having a specific department within the company that periodically perform audits for everything departments do to ensure that the underline operations comply with industry standards government regulation. An internal audit is not something only larger companies need. What are [...]
Last year, CNBC reported that in the three years prior, 1.2 million individuals received phone calls from people purporting to be the IRS, demanding immediate payment… or else! More than 6,000 of these individuals fell victim to the scheme, sending a combined $36.5 million to scammers. The fact that so many perceive the IRS to be [...]
