Insights & Resources

Insights

Driven by personal passions, Abdo professionals dive deep into their individual areas of expertise and distill their knowledge to keep you fully informed.

Addressing pay equity at your business

Businesses today are under increased pressure to address pay equity to ensure compensation is determined free of unjust biases. Fortunately, there are real, actionable ways you can address it at your company.

Avoid succession obstacles with a buy-sell agreement

If your business has multiple owners, we strongly advise building a buy-sell agreement into your succession plan. Learn more about how these agreements work and why they’re important.

New disclosure requirements? Shedding light on a little-known law

Most business owners are unaware that they are now required to report their beneficial ownership under the Corporate Transparency Act (CTA). It’s important to know in advance what is required to avoid late filing penalties.

Why Your HR Department Is Critical to the Success of Your Merger or Acquisition

If your business is facing a merger or acquisition, there are a lot of factors to consider when it comes to the negotiations and financial implications – but don’t underestimate the importance of your HR department in the M&A process.

Understanding the basics of discontinued operations reporting

In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?

To file or not to file a gift tax return, that is the question

If you’re giving gifts this year you may be wondering if you need to file a gift tax return. In fact, there are situations when it’s necessary (or desirable) to file even if you’re not liable for any gift tax.

Leveraging clean energy tax credits through home improvements

Homeowners who make energy-efficient improvements to their residence may qualify for two types of tax credits – significantly reducing the costs of energy-efficient home improvements and helping taxpayers go green.

Questions to ask yourself in business transitions – and baseball

Regardless of which season you’re in as a business owner, you need to be prepared with a winning strategy well in advance of a business transition.

Reporting non-GAAP measures

GAAP measures can sometimes be too rigid and may not fully reflect the underlying economics of a business. . If you’re supplementing with non-GAAP measures in your reporting, it’s important to be transparent about the adjustments being made.

Plan carefully to avoid GST tax surprises

Designed to ensure that wealth is taxed at each generational level, the GST tax is among the harshest and most complex in the tax code. If you want to share some of your wealth with your grandchildren, it’s critical to plan ahead.

Achieving the right balance of working capital

As inflation and interest rates rise, efficient working capital management is critical. Check out these three keys to lowering your company’s working capital requirements.

An estate planning “road map” can act as a catchall for your final thoughts

No matter how much effort you’ve invested in crafting an estate plan, your will, trusts and other official documents may not be enough. Consider also drafting a “road map” to guide your family in executing your plan.