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 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...
by Lori Bowden | Sep 4, 2025 | Business, Individuals, Newsletter, Taxes
As a reminder, starting September 30, 2025, the IRS will no longer accept most paper checks for tax payments. If you haven’t made the switch to electronic payments, now is the time. Below is a quick guide to the three main electronic payment options, with tips on...
by Lori Bowden | Sep 3, 2025 | Business, Newsletter, Taxes
If you’re a small business owner or you’re self-employed, there’s good news on the tax front. The Section 199A qualified business income (QBI) deduction, a powerful tax-saving opportunity since 2018, was initially set to expire in 2025. But thanks to the recent...
by Lori Bowden | Sep 2, 2025 | Individuals, Newsletter, Taxes
The One, Big, Beautiful Bill Act (OBBBA) brings a wide range of tax changes, with several key updates designed to support families. Among the many provisions, here are three with the potential to lower your tax bill. 1. Boosted Child Tax Credit with a New Rule...
