by ABIP | Aug 3, 2020 | News, Newsletter
Compiled and issued annually every year by the IRS, this year it includes many aggressive and evolving schemes related to coronavirus tax relief, including Economic Impact Payments. The criminals behind these bogus schemes view everyone as potentially easy prey and...
by ABIP | Aug 2, 2020 | News, Newsletter
While many schools are switching to hybrid or remote learning models, teachers and other educators should remember that they can still deduct certain unreimbursed expenses such as classroom supplies, training, and travel. Deducting these expenses helps reduce the...
by ABIP | Aug 1, 2020 | News, Newsletter
Natural disasters such as hurricanes are more common in summer, but tornadoes, floods, and fires can strike at any time. As such, it’s always a good idea to plan for what to do in case of a disaster. Here are some simple steps you can take right now to prepare:...
by ABIP | Jul 31, 2020 | News, Newsletter
If you discover a mistake on your tax return after you’ve already filed, don’t panic. In most cases, all you have to do is file an amended tax return. Here’s what you need to know: Taxpayers should use Form 1040X, Amended U.S. Individual Income Tax...
by ABIP | Jul 13, 2020 | News
We are pleased to announce that ABIP has ranked as a top-20 largest accounting firm in the Houston and San Antonio Business Journals Book of Lists. The annual rankings are formulated based on the number of CPAs and accounting staff in each firm. Recently, the firm has...
by ABIP | Jul 6, 2020 | News
Here’s How to Pay If You Owe Money to the IRS The federal tax deadline is quickly approaching. If you owe money to the IRS – including estimated and other business taxes – here are six options for quick and easy electronic payments: Taxpayers who owe...
