Our New Principal, Anthony DeBenedictis

abip Advisors is proud to announce that Anthony DeBenedictis has joined the firm as a Principal.  Anthony graduated from California State University, Chico with a Bachelor of Science in Business Administration with options in Finance & Strategic Management and a minor in Economics.  He has over 20-years of industry and consulting financial experience as a…

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Does your team know the profitability game plan?

Right now, football teams are trying to put as many wins on the board as possible to make this a special season. Sports can highlight important lessons for business owners about profitability. One is that companies must learn from their mistakes and adjust their profitability game plans accordingly. Typical fumbles include poor customer service, ineffective…

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Our New Partner, Michael Landers

abip CPAs & Advisors is proud to announce Michael Landers has been named Partner. Michael will provide audit as well as transaction and technical advisory services. Michael graduated from the University of Houston with a Bachelor of Science in Accounting. He is a CPA with over 20 years’ experience. He focuses strongly on delivering client…

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The tax implications of a company car

The use of a company car is a valuable fringe benefit for business owners and key employees. This perk results in tax deductions for the employer and tax breaks for the owners and employees using the cars. (And of course, they get the nontax benefits of driving the cars!) For tax deduction purposes, a business…

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Should you elect S corporation status?

Operating a business as an S corporation may provide advantages, including limited liability and no double taxation (at least at the federal level). Self-employed people may also be able to lower their exposure to Social Security and Medicare taxes. But not all businesses are eligible and, with tax law changes, S corps may not be…

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Run your strategic-planning meetings like they really matter

Many businesses struggle to turn abstract strategic planning ideas into concrete, actionable plans. One reason is simple: ineffective meetings. A good way to get started running better ones is to involve everyone in the agenda-setting process. Also, encourage meeting leaders to speak with conviction and express positivity (if not passion) for the subject matter. To…

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