by briesterer@thinkvisionary.com | Jan 2, 2024 | Individuals, Newsletter
Whether you’re in the process of making a retirement or estate plan or you intend to donate property to charity, you’ll need to know the value of your assets. For many hard-to-value items, such as closely held business interests, real estate, art and collectibles, an...
by ABIP | Dec 15, 2023 | Accounting, Fraud, News, Newsletter, Taxes
Starting January 1, 2024, many companies will need to follow the Corporate Transparency Act (CTA), established under the National Defense Act in 2021. This Act requires these companies to reveal information about people who own or control them, known as Beneficial...
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...
by ABIP | Nov 8, 2023 | News
November 8, 2023, – abip CPA’s & Advisors, a leading accounting and advisory firm, and Brehm, Havel & Company, L.L.P., a prominent San Antonio-based CPA firm, are excited to announce their merger. This is a strategic move by both firms to enhance their...
by ABIP | Nov 7, 2023 | Accounting, Business, News, Newsletter, Taxes
Is your business having trouble collecting payments from clients or vendors? You might be able to claim a bad debt deduction on your tax return. But if you hope to take the deduction on your 2023 return, you’ll have to get busy, because you must be able to show that...
by ABIP | Nov 7, 2023 | Accounting, Business, News, Newsletter
Recently, the IRS halted processing of claims for the Employee Retention Credit (ERC), due to a high volume of fraudulent claims. The moratorium is through at least the end of 2023. ERC claims already filed are now subject to longer processing, including heightened...
