• Houston: (713) 954-2002
  • San Antonio: (210) 341-2581
  • Client Portal
  • About
  • Leadership
  • Industries
  • Services
    • Tax
    • Assurance
    • Client Accounting Services
    • Transaction & Technical Advisory
    • Cybersecurity & Technology Advisory
    • Strategic Tax Advisory
    • Forensic, Litigation & Valuation Services
      • Financial Forensics
      • Litigation Support
      • Valuation
    • Family Law
    • Texas Utility Districts
  • Events
  • News
  • Careers
  • Resources
  • Contact
Federal Tax Returns: Should You File an Extension?

Federal Tax Returns: Should You File an Extension?

by ABIP | Apr 13, 2023 | Accounting, Business, Individuals, News, Newsletter, Taxes

Obtaining a six-month extension to file is relatively easy, and there are legitimate reasons for doing so; however, there are also a few downsides. If you need more time to file your federal income tax return this year, here’s what you need to know. What Is an...
Tax Implications When Employed In The Family Business

Tax Implications When Employed In The Family Business

by ABIP | Mar 3, 2023 | Business, Individuals, News, Newsletter, Taxes

When a family member employs someone, the tax implications depend on the relationship and the type of business. Taxpayers and employers need to understand their tax situation. Here is what to know: Married People in Business Together Generally, a qualified joint...
Highlights of the Secure 2.0 Act of 2022

Highlights of the Secure 2.0 Act of 2022

by ABIP | Jan 6, 2023 | Accounting, Business, Individuals, Newsletter, Taxes

The $1.66 trillion Consolidated Appropriations Act, 2023, was signed into law on December 29, 2022, by President Biden. Included in the 4,155-page bill is the SECURE Act 2.0 of 2022, which contains a number of tax provisions relating to retirement. Let’s take a...
Businesses: Important Tax Changes in 2023

Businesses: Important Tax Changes in 2023

by ABIP | Jan 5, 2023 | Accounting, Business, News, Newsletter, Taxes

Here’s what small business owners need to know about tax law changes and inflation adjustments for the year ahead. Standard Mileage Rates In 2023, the rate for business miles driven is 65.5 cents, up 3 cents from the midyear increase setting the rate for the...
Getting Ready for the 2023 Tax Filing Season

Getting Ready for the 2023 Tax Filing Season

by ABIP | Jan 3, 2023 | Accounting, Business, Individuals, News, Newsletter, Taxes

Filing your 2022 tax return promises to be just as complicated as always; however, there are steps that taxpayers can take right now to ensure their tax filing experience goes smoothly. Let’s look at what’s new for 2022 and some key items taxpayers should...
Improperly Forgiven PPP Loans Are Taxable

Improperly Forgiven PPP Loans Are Taxable

by ABIP | Dec 6, 2022 | Accounting, Business, News, Newsletter, Taxes

Recipients of Paycheck Protection Loans (PPP) should be aware that when a taxpayer’s loan is forgiven based upon misrepresentations or omissions, they are not eligible to exclude the forgiveness from income. They must, instead, include in income the portion of...
« Older Entries
Next Entries »
  • Tax Withholding For Seasonal and Part-Time Employees
  • What To Do if You Receive an IRS CP2000 Notice
  • What Teen Entrepreneurs Should Know About Taxes
  • Avoiding a Tax Surprise When Retiring Overseas
  • Saving for Education: Understanding 529 Plans

Contact

Get In Touch

Client Focused. Relationship Driven.

We take the time to understand our client’s goals. abip has the depth to solve complex issues while providing the tax, accounting, and financial reporting needed to help you thrive.

  • Follow
  • Follow
  • Follow

Contact

Get In Touch

Houston: (713) 954-2002
San Antonio: (210) 341-2581
info@abipcpa.com

Site

Learn More

About
Leadership
Services
Careers
Contact