Filing an Amended Tax Return

Filing an Amended Tax Return

If you discover a mistake on your tax return after you’ve already filed, don’t panic. In most cases, all you have to do is file an amended tax return. Here’s what you need to know: Taxpayers should use Form 1040X, Amended U.S. Individual Income Tax...
Top 20 Largest Accounting Firm

Top 20 Largest Accounting Firm

We are pleased to announce that ABIP has ranked as a top-20 largest accounting firm in the Houston and San Antonio Business Journals Book of Lists. The annual rankings are formulated based on the number of CPAs and accounting staff in each firm. Recently, the firm has...
Here’s How to Pay If You Owe Money to the IRS

Here’s How to Pay If You Owe Money to the IRS

Here’s How to Pay If You Owe Money to the IRS The federal tax deadline is quickly approaching. If you owe money to the IRS – including estimated and other business taxes – here are six options for quick and easy electronic payments: Taxpayers who owe...
July 15 Deadline for Reporting Foreign Income

July 15 Deadline for Reporting Foreign Income

July 15 Deadline for Reporting Foreign Income If you live or work outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes people with dual citizenship. Due to the coronavirus pandemic, people who...
Small Business Financing: Securing a Loan

Small Business Financing: Securing a Loan

Small Business Financing: Securing a Loan At some point, most small business owners will visit a bank or other lending institution to borrow money. Understanding what your bank wants, and how to properly approach them, can mean the difference between getting a loan...