by Lori Bowden | Jan 14, 2026 | Business, Individuals, Newsletter, Taxes
Update Following our September article on the federal mandate requiring electronic tax payments and refunds beginning September 30, 2025, the IRS has issued updated guidance. Taxpayers may continue to submit payments by check using existing forms and procedures until...
by Lori Bowden | Jan 2, 2026 | Business, Newsletter, Taxes
As the year comes to a close, it is time to begin preparing for your 2025 year-end accounting and compliance requirements. While year-end can feel overwhelming, early preparation is the key to avoiding delays, penalties, and unnecessary stress. By gathering the right...
by Lori Bowden | Jan 1, 2026 | Business, Individuals, Newsletter, Taxes
One Team, One Standard At abip, we believe in delivering exceptional service through a strong, unified team. That’s why we’ve expanded our reach by including highly trained offshore tax preparers, including licensed CPAs, as full members of the abip team. Together, we...
by Lori Bowden | Dec 4, 2025 | Business, Individuals, Newsletter, Taxes
The IRS released updated retirement plan contribution limits for 2026 following inflation-related cost-of-living adjustments. Key Increases for Employer-Sponsored Plans For 2026, employees participating in 401(k), 403(b), most governmental 457 plans, and the federal...
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...
