by ABIP | Sep 25, 2019 | News
Right now, football teams are trying to put as many wins on the board as possible to make this a special season. Sports can highlight important lessons for business owners about profitability. One is that companies must learn from their mistakes and adjust their...
by ABIP | Sep 18, 2019 | News
Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as a dividend. However, a dividend distribution is taxable to you as a shareholder but it’s not deductible by the corporation. But there are...
by ABIP | Sep 11, 2019 | News
abip CPAs & Advisors is proud to announce Michael Landers has been named Partner. Michael will provide audit as well as transaction and technical advisory services. Michael graduated from the University of Houston with a Bachelor of Science in Accounting. He is a...
by ABIP | Sep 9, 2019 | News
Here are a few key tax-related deadlines for businesses and other employers during Quarter 4 of 2019. OCT. 15: If a calendar-year C corp. that filed an extension, file a 2018 income tax return. OCT. 31: Report income tax withholding and FICA taxes for Q3 2019 (unless...
by ABIP | Sep 4, 2019 | News
If you’re a small business owner, you may want to set up a retirement plan for yourself and any employees. Several types of plans are eligible for tax advantages, including 401(k)s, Simplified Employee Pension (SEP) plans and SIMPLE IRAs. For 2019, the maximum amount...