by ABIP | Dec 4, 2023 | Accounting, Individuals, Newsletter, Taxes
Your business can attract and retain employees by providing education benefits that enable team members to improve their skills and gain additional knowledge, all on a tax-advantaged basis. Here’s a closer look at some education benefits options. Educational...
by ABIP | Dec 4, 2023 | Individuals, Newsletter, Taxes
Traditional and Roth IRAs can be relatively “safe” retirement-saving vehicles, though, depending on what they’re invested in, they limit your investment choices. For more flexibility in investment choices but also more risk, another option is a self-directed...
by ABIP | Dec 4, 2023 | Business, Newsletter, Taxes
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to apply losses to offset taxable income in future years, subject to certain limitations. Qualifying for a...
by ABIP | Dec 4, 2023 | Individuals, Newsletter, Taxes
The IRS has announced over 60 revised annual tax provisions for 2024 due to inflation. This includes increased tax rates for various income levels, a new tax on oil & petroleum products, estate tax & gift exclusions, and more. These go into effect for returns...
by ABIP | Nov 9, 2023 | About ABIP, News
November 9, 2023, – abip, a leading accounting and advisory firm, and Matthews & Johnson CPAs, LLC, a New Braunfels, TX tax, accounting and advisory firm are joining forces. The merger, which is effective as of November 1, 2023, will extend abip’s market...