IRS Plans to Audit More Small Businesses in 2021

IRS Plans to Audit More Small Businesses in 2021

According to Accounting Today, the IRS recently announced that they plan to increase audits on small business tax returns by 150%. The past few tax years have seen relatively low audit rates for pass-through entities, limited liability companies, sole proprietorships,...
Creating a Forecast

Creating a Forecast

https://youtu.be/hyD1Rs5Q7EI We’re into the new year and you may have tried to do a forecast for your business. But with the pandemic still ongoing, and especially with some states still severely shut down, it may be hard to determine what your sales goal should...
Possible Sources of Cash for Your Small Business

Possible Sources of Cash for Your Small Business

With many small business owners hurting amidst the Coronavirus pandemic, cash flow is a hot topic. If you’ve already read our article about improving your cash flow but are looking for help to decide what avenue to take, this is the blog post for you. Waiting Out Your...
Gig Workers & Tax Reporting

Gig Workers & Tax Reporting

The gig economy has come to include an even larger sector of the working population amidst the Coronavirus pandemic. With companies such as delivery services scrambling to meet the increased need for things like food and toilet paper due to quarantining households, an...
AB&P is Here to Help

AB&P is Here to Help

https://youtu.be/l-tke3_7oNc Are you up late at night after a long day’s work, trying to do your bookkeeping? Are you frustrated with your lack of QuickBooks knowledge or feel you don’t have any at all? Are you behind on filing taxes because your...

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