Insights
Insights & Resources
Driven by personal passions, Abdo professionals dive deep into their individual areas of expertise and distill their knowledge to keep you fully informed.
4 Signs your business needs an outsourced CFO or controller
When you’re running your business, it can be hard to also manage its finances. Access financial expertise without adding to your payroll by working with an outsourced CFO or controller.
7 tasks for a successful nonprofit finance committee
An active finance committee is crucial to maintain a nonprofit’s health and reputation. The success of a finance committee depends on the board, staff and committee members understanding the committee’s duties.
The power of light: Reflections from the 2024 solar eclipse
When Abdo’s Chief Operating Officer, Jana Cinnamon, traveled to Niagara Falls to see the solar eclipse, she wasn’t expecting much of a spectacle. But the experience left her in awe.
Better tax break when applying the research credit against payroll taxes
The credit for increasing research activities is a valuable tax break for eligible businesses and has a feature that’s particularly favorable to eligible small businesses.
Q&A: What an accounting internship at Abdo is really like
To get a clearer picture of our internship program, we sat down with two 2024 interns to get their takes on it.
3 Reasons to review your city’s utility rates ASAP
Regardless of your city’s current situation, it’s critical to regularly analyze its future resources for capital projects. A utility rate analysis could help.
How construction company owners can build a succession plan framework
At some time or another, construction company owners must hang up their hard hats. Having a succession plan in place is key to ensuring business continuity.
How to make the most of your organization’s in-kind contributions
Despite being non-financial, non-cash donations (a.k.a. in-kind contributions) can help to bolster your organization’s bottom line. Check out these three ways to make the most of them.
How automation can help fill your staffing gaps
Like many other employers suffering through the so-called Great Resignation, some nonprofits are struggling to fill — and keep filled — all of their positions. Automating processes with software could provide relief for organizations of every size.
Does Your Service-Based Business Qualify for the Qualified Business Income Deduction?
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.
How a financial statement audit could benefit your startup
Starting a business comes with a lengthy to-do list. One thing to consider adding to yours: securing a financial statement audit.
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.