With roots back to the 1930s, donor-advised funds (DAF) have become more popular as philanthropic vehicles to increase giving and reduce tax liability. But what makes a DAF so appealing, how do they work, and how can one decide if it would be the right choice for them? The goal of this blog will be to [...]
You have your business idea, the concepts laid out, and you’ve registered your business. It's official. You’re getting set up for opening day, but then you start to think of all the different outcomes your business could take: Will it be profitable? If I have projections, will they be accurate? How will I know how well [...]
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. [...]
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 [...]
[Springfield, MO – May 28, 2020] – Five outstanding individuals were honored by Abacus CPAs, LLC with Values Awards on May 28 as part of Abacus CPAs Annual Company Retreat. The Abacus Values Awards were created in 2020 to recognize individuals who fully exemplify Abacus Values in how they live, work and build relationships with [...]
