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.
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.
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.
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.
Abdo Accelerate: Investing in people and our future
Now in its eleventh year, Abdo Accelerate has evolved into a summer-long experience that officially kicked off in early May.
In financial planning, forecasts and projections aren’t the same
No business owner has a fully functional crystal ball. But a carefully created forecast or projection can help you better prepare for the future.
Employers Need to Reevaluate Drug Testing Policies in Light of Minnesota Marijuana Legalization
The legalization of marijuana in Minnesota has created new challenges for employers, who must now grapple with how to enforce drug-free workplace policies in a state where marijuana is legal of August 1, 2023
Turning receivables into cash
Collecting payment from customers takes time and patience. To bridge the cash gap, consider some creative strategies to monetize outstanding receivables.