As a small business grows from a single person sole proprietorship to a multi-national corporation, the needs of the company will grow and change. In the beginning of the company’s life cycle, growth is driven by the vision and talent of a small group of people, either the owner or an inner circle of similar-minded individuals. [...]
The first round of the 2020 economic impact payment is a refundable tax credit on your 2020 tax return that has been issued in advance by the federal government based on the adjusted gross income reported on your 2019 or 2018 tax returns. Each qualifying adult will receive $1,200 and $500 for each qualifying child. The [...]
With individuals and businesses looking for more efficient methods to collaborate remotely, especially recently due to the COVID-19 pandemic, Microsoft Teams can be utilized to address these needs. However, like any tool that is used simultaneously by multiple members, there are some best practices and etiquette that should be adopted in order to experience the best [...]
[Springfield, MO – July 15, 2020] – Abacus CPAs, LLC was recently named one of Accounting Today’s 2020 Best Accounting Firms to Work for, which identifies, recognizes, and honors the best employers in the accounting profession, benefiting its economy, workforce and businesses. Abacus CPAs, LLC, highlighted their workplace flexibility, employee benefits, and trust as key [...]
Investing in real estate has been a common way to make money throughout history. In today’s world, real estate investments, in the form of flipping houses or holding property long-term, are especially popular. Programs like Fixer Upper and House Hunters show the profits that are available to those who are willing to take the risk of [...]
Chad Cannon, Senior Associate at Abacus CPAs, LLC [Springfield, MO – May 28, 2020] – Abacus CPAs, LLC is proud to announce that Chad Cannon has been promoted to Senior Associate. Chad, who joined the firm in 2018, is a respected leader in accounting client services and communication for the Abacus Transportation Division. Chad Cannon brings [...]
When you first started in the accounting field, you were probably often asked if you planned on doing public or private accounting. I felt very limited by this question when I first encountered it, but only because I did not understand that there are endless possibilities within these two categories. Here, we will focus on how [...]
