About abcpaadmin

This author has not yet filled in any details.
So far abcpaadmin has created 51 blog entries.

Make Sure the Price is Right with Market Research

By |2019-01-04T10:56:38-06:00January 4th, 2019|Categories: Better Guidance|

The promise of the new year lies ahead. One way to help ensure it’s a profitable one is to re-evaluate your company’s pricing strategy. You need to devise an approach that considers more than just what it cost you to produce a product or deliver a service; it also must factor in what customers want and [...]

Three Tests to Exclude Employer-Provided Lodging from Income

By |2019-01-03T10:21:20-06:00January 3rd, 2019|Categories: Better Guidance|

Remember those old miner towns? They were company towns where all residents worked for the owner of the mine. Most towns didn’t even have money. They had tokens. The workers received tokens that they spent at the company general store or the company diner. The workers even lived in company housing. Even if they weren't paid [...]

Economic Damages: Recovering What was Lost

By |2019-01-02T13:58:38-06:00January 2nd, 2019|Categories: Better Guidance|

A business can suffer economic damages arising from a variety of illegal conduct. Common examples include breach of contract, patent infringement and commercial negligence. If your company finds itself headed to court looking to recover lost profits, diminished business value or both, it’s important to know how the damages might be determined. What methods are commonly [...]

A Refresher on Major Tax Law Changes for Small-Business Owners

By |2018-12-31T10:09:14-06:00December 31st, 2018|Categories: Better Guidance|

The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it’s generally too late to take action to reduce 2018 taxes. Business owners may, therefore, want to shift their focus to assessing whether they’ll likely owe taxes or get a refund when they file their returns this [...]

Should College Graduates still List Microsoft Office as a Skill?

By |2018-12-27T09:22:22-06:00December 27th, 2018|Categories: Better Guidance|

A resume sets you apart from everyone else. A common theme with college graduate resumes is that most applicants list “proficient in Microsoft Word, Excel, and PowerPoint.” Instead of the generic lingo, employers like to see specifics of what you have learned within the programs and how that can apply to your career. Instead of saying [...]

Business Owners: An Exit Strategy Should Be Part of Your Tax Planning

By |2018-12-24T07:53:06-06:00December 24th, 2018|Categories: Better Guidance|

Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks (especially if you own a pass-through entity). But you also must look out for your own financial future. For example, you need to develop an exit strategy so that taxes don’t [...]

Paid Family and Medical Leave Credit

By |2020-09-05T07:18:51-05:00December 20th, 2018|Categories: Better Guidance|

The Tax Cuts and Jobs Act allows a general business credit to certain employers for paid family and medical leave. This credit can be used to reduce a taxpayer’s alternative minimum tax (AMT). For tax years 2018 and 2019, an eligible employer with an allowed written policy regarding family and medical leave can deduct between 12.5% [...]

Do Your Long-Term Customers Know Everything About You?

By |2018-12-19T08:32:16-06:00December 19th, 2018|Categories: Better Guidance|

A technician at a mobility equipment supplier was servicing the motorized wheelchair of a long-time customer and noticed it was a brand-new model. “Where did you buy the chair?” he asked the customer. “At the healthcare supply store on the other side of town,” the customer replied. The technician paused and then asked, “Well, why didn’t [...]

Gambling and Taxes

By |2020-09-05T07:16:14-05:00December 13th, 2018|Categories: Better Guidance|

The thrill of earning an easy dollar has more and more people interested in gambling. Whether it be sports betting, casino trips, lottery tickets, or even a friendly poker game, chances are that most of us have placed some type of wager. While many of us are more than willing to make a bet the tax [...]

Getting Ahead of the Curve on Emerging Technologies

By |2020-09-05T07:15:09-05:00December 12th, 2018|Categories: Better Guidance|

Turn on your computer or mobile device, scroll through Facebook or Twitter, or skim a business-oriented website, and you’ll likely come across the term “emerging technologies.” It has become so ubiquitous that you might be tempted to ignore it and move on to something else. That would be a mistake. In today’s competitive business landscape, your [...]

Go to Top