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.
Is your governmental entity’s investment policy still relevant?
Markets have changed rapidly over the last year. Interest rates and costs are continuing to rise. Is your governmental entity’s investment policy keeping up?
Reporting UTPs on your financial statements
Should your company report tax positions taken (or to be taken) on tax returns before they’re resolved with the tax authorities? Check out this overview of the rules for uncertain tax positions (UTPs) under GAAP.
179D Tax Deduction: What contractors should know
Are you a contractor, architect, engineer, or designer who has worked on tax-exempt buildings? If so, you could qualify for the 179D Commercial Building Energy Tax Deduction.
Don’t let these 5 things stop your nonprofit organization from growing
Growing your nonprofit organization requires more than a well-crafted strategy. You also need efficient administrative processes. Discover five tips for enhancing your organization’s processes.
What your organization should know about GASB 96
If your organization is like most, it maintains several—if not dozens—of software subscriptions. Now, thanks to GASB Statement No. 96, your organization will need to account for and disclose these subscriptions.
Pocket a tax break for making energy-efficient home improvements
Have you heard there’s an enhanced tax credit for making energy-efficient home improvements, beginning this year? Check out these rules.
Educational assistance programs can be used to help pay student loans
The IRS has issued a reminder that employers can use educational assistance programs to help employees pay off their student loans and will hold a webinar to discuss the details.
Can you deduct student loan interest on your tax return?
The student loan payment pause ended on August 31st. Be aware that interest is deductible for some borrowers subject to certain limits. Check out these rules around deduction.
Strong billing processes are critical to healthy cash flow
Cash flow is the lifeblood of a successful company, and your billing processes have a huge impact on it. Here’s how to maintain strong practices and ensure healthy cash flow.
Streamlining onboarding compliance: Introducing the revised Form I-9
On August 1, 2023, The USCIS announced the publication of the revised Form I-9 which aims at enhancing user-friendliness and compliance efficiency.
Has your nonprofit had a change of location or identity?
To avoid IRS consequences and keep your tax-exempt status, it’s important for nonprofits to file Form 8822-B when changing location or identity.
3 Big inventory issues for construction companies
Construction businesses can save time and avoid hassle by maintaining an inventory of critical materials and supplies. But managing that inventory for tax purposes can be challenging.