by ABIP | Sep 2, 2021 | Accounting, COVID-19, Newsletter
Extension Deadline Looming for 2020 Tax Returns Time is running short for taxpayers who requested an extra six months to file their 2020 tax return. As a reminder, Friday, October 15, 2021, is the extension deadline for most taxpayers. Taxpayers who owe tax – even...
by ABIP | Sep 1, 2021 | Individuals, Newsletter
Tax Relief for Those Affected by Natural Disasters Recovery efforts after natural disasters can be costly. With floods, tornadoes, hurricanes, earthquakes, and other natural disasters affecting so many people throughout the U.S. this year, many have been left...
by ABIP | Aug 20, 2021 | Business, News, Newsletter
Employee Retention Credits Last year, the CARES Act introduced an Employee Retention Credit (ERC) to provide reimbursement of wages for businesses affected by the COVID-19 virus and incentivize employers to maintain a pre-pandemic level workforce. Although it was...
by ABIP | Aug 20, 2021 | Business, News, Newsletter
R&D Credits Is your organization working to improve existing products, processes, or software? Or are you developing new ones? The research and development (R&D) tax credit has the potential to benefit your organization by providing valuable tax savings. The...
by ABIP | Aug 20, 2021 | Business
SOC Compliance Securing a SOC (Service Organization Control) audit with the help of ABIP can prevent these security issues from negatively impacting your business. SOC auditors evaluate your data systems based on the five trust principles: Security, Availability,...
