Chad Cannon, Senior Associate at Abacus CPAs, LLC [Springfield, MO – May 28, 2020] – Abacus CPAs, LLC is proud to announce that Chad Cannon has been promoted to Senior Associate. Chad, who joined the firm in 2018, is a respected leader in accounting client services and communication for the Abacus Transportation Division. Chad Cannon brings [...]
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 [...]
Amy Murphy, Senior Associate at Abacus CPAs, LLC [Springfield, MO – May 28, 2020] – Abacus CPAs, LLC is proud to announce that Amy Murphy has been promoted to Senior Associate. Murphy, who joined the firm in August, has been a valuable resource in outsourced CFO services, QuickBooks and payroll. Amy Murphy brought more than 20 [...]
Matt Clark, Director of Abacus Audit Department [Springfield, MO – May 28, 2020] – Abacus CPAs, LLC is proud to announce that Matt Clark has been promoted to Director. Clark, who joined the firm in 2016, is a wealth of knowledge with Attest Services and supporting Sales Tax clients. Matt Clark has been on a steady [...]
[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 [...]
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 [...]
A commonly overlooked step to protecting your personal tax and financial data is using strong passwords to protect online accounts and digital devices from data theft. The Internal Revenue Service, state tax agencies and tax industry remind taxpayers that using strong passwords and keeping them secure are critical steps to preventing thieves from stealing identities or [...]
As Cyber Monday kicks off the holiday shopping season for the year, the Internal Revenue Service and its partners urged the public to shop safely by securing both their computers and mobile phones. The IRS, state tax agencies, and the tax industry mark the fourth annual National Tax Security Awareness Week with tips on basic safeguards [...]
Every new company should launch with a business plan and keep it updated. Generally, such a plan will comprise six sections: executive summary, business description, industry and marketing analysis, management team description, implementation plan, and financials. Now, ideally, you would comprehensively update each section every year. But if the size, shape, and objectives of your company [...]
Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider a cost segregation study. It may allow you to accelerate depreciation deductions on certain items, thereby reducing taxes and boosting cash flow. And under current law, the potential benefits of a cost [...]
