by Lori Bowden | Nov 2, 2025 | Business, Featured, Taxes
By Terri Brechter, CPA If you’re an S Corporation owner, paying yourself a reasonable salary isn’t optional; it’s a legal requirement. The IRS requires shareholder-employees who provide services to their S Corporation to pay themselves reasonable compensation before...
by Lori Bowden | Nov 1, 2025 | Business, Newsletter, Taxes
As this year comes to a close, business owners seeking to reduce their taxes for 2025 have a variety of opportunities. Here’s a look at two tax-saving tools: bonus depreciation and retirement plan contributions. Assets Eligible for Bonus Depreciation First-year bonus...
by Lori Bowden | Oct 15, 2025 | Audit, Business, Featured, News
Contributors: Gosia Kanda, abip CPA, Jesse Spence, abip CPA, Mona Fathinejad, abip CPA, and Robert Massa, Prime Capital. For HR professionals and C-Suite executives, managing an ERISA retirement plan is more than just a routine administrative task; it’s a fiduciary...
by Lori Bowden | Oct 3, 2025 | Business, Featured, Newsletter
At abip, we understand that growing businesses often face financial challenges that go beyond bookkeeping. To make sound decisions, leaders need clear, accurate financials and strategic guidance to act on them. That is where Advisory Services, led by professionals...
by Lori Bowden | Oct 2, 2025 | Business, Newsletter, Taxes
abip’s Teresa Ferrezzo recently hosted an engaging Lunch & Learn, where we explored the intersection of interior design, business strategy, and financial performance. If you couldn’t join us, don’t worry! Keep an eye out for future events. A sincere thank you to...