Find News, Insights, & Resources
Looking for something else?
Search Again
The 199A deduction is still widely misunderstood. Much of the confusion surrounding it can be traced to this media-driven myth: service-based businesses do not qualify for the deduction. If you own a service-based business and have wondered about your eligibility, here’s what you should know.
Read More
Starting a business comes with a lengthy to-do list. One thing to consider adding to yours: securing a financial statement audit.
Read More
From quality control to quality management: New AICPA quality standards are here—is your firm ready?
If your accounting firm issues reports on financial statements, you likely know the AICPA issued new standards on quality management last year. Although the standards aren’t effective until late 2025, it’s imperative to start implementing them now.
Read More
Monday, June 5th, 2023 | 10:00 – 11:00 AM CT
Join Jeremy Clopton from Upstream Academy & Abdo’s Managing Partner, Steve McDonald, as they explore tools that help drive firm growth and come away with ideas to implement immediately for your firm.
Engaging an auditor is ultimately the responsibility of an organization’s leadership. But choosing an auditor can be a daunting task. Here are some tips to help you find and select the right auditor for your organization.
Read More
The new tax rate will drop in 2023 for the Provider, Hospital, Surgical Center, Wholesale Drug Distributor, and Legend Drug Use Taxes.
Read More
You and your team need to solve a problem—you need to make a change. But where do you begin? The second article in our Change Management Series sheds light on five steps to follow when planning for change.
Read More
Since the Tax Cut and Jobs Act was passed, there’s been a $10,000 limit on the deduction for state taxes paid by individuals on their federal returns. A growing number of states, including Minnesota, now offer workarounds to this personal state tax deduction limitation.
Read More
In this first article in our Change Management Series, we’re highlighting ways to prepare your team for change. Here are 10 best practices to follow.
Read More
The tax advisors at Abdo understand the importance of seeing the big picture when it comes to your tax planning. Whether you’re filing your 1040 individual return, a business return, or navigating through payroll taxes and employer regulations, we’re here to make sure you don’t miss any important 2022 tax deadlines.
Read More