The Tax Cuts and Jobs Act, which was passed in both houses of Congress earlier this week, was signed into law by President Trump on December 22, 2017. The majority of the provisions contained in the sweeping reform legislation go into effect as of January 1, 2018. Read on for a few recommendations on actions to...
As the tax reform proposal continues its journey to potential passage, we wanted to offer you a brief look at the similarities and differences in the House and Senate tax bills. Both bills have recently been passed in their respective chambers, and now the next step is for differences to be worked out in conference....
On Thursday, House Republican leadership continued their efforts for tax reform, presenting a new tax bill containing a wide variety of changes for both business and individual tax rates, writes Anna Edgerton and Erik Wasson of Bloomberg News. The authors detail the following elements contained in the proposed legislation: For businesses – A measure to...
Business leaders all live busy and sometimes stressful lives. This article from Inc. offers advice for five things you can do daily to help you and your business be more productive. Author Jordan Scheltgen writes, “To become more productive you need to embrace action as your fuel. Whether you’re a leader within a company or...
It is with mixed emotions that we announce the retirement of our office manager, Antoinette (Toni) Poole. After 36 years of service at Abeles and Hoffman, P.C., Poole’s last day at the office is Monday, July 24. “Toni became a part of all of our families throughout the years,” said Ron Abeles, founder and principal of Abeles and...
The era of using paper processes is coming to an end. Businesses are switching to technological advances that allow them to ditch paper. But not every business is opting to get rid of paper processes. Why is that? In an article from Small Biz Daily author Nick Candito writes, “In many companies the paper trail...
The accounting and consulting firm, Abeles and Hoffman, P.C. is pleased to announce the promotion of Bradley Indelicato, CPA, ABV, CVA to supervisor. “We give hearty congratulations to Brad on his promotion,” said Eli Abeles, CPA, President, and Shareholder of Abeles and Hoffman, P.C. “He is a dedicated, hardworking accountant and we look forward to his...
The accounting and consulting firm, Abeles and Hoffman, P.C. is pleased to announce the promotion of Christopher Linneman, CPA, to senior manager. “We’ve watched Chris develop into a fine leader during his time with the firm,” said Eli Abeles, CPA, President and Shareholder of Abeles and Hoffman, P.C. “We feel he is ready to take...
Creative differences in the workplace can lead to messy situations. While some differences have easy resolutions, there can be times when both parties cannot find common ground, leading to a strained and tense workplace. How can both employers and employees resolve these differences? In an article from Entrepreneur, author Will Meier writes, “Creative differences don’t...
On Thursday, June 22, the Senate Republicans unveiled the latest draft of their proposed health care bill, which aims to repeal provisions in the current Patient Protection and Affordable Care Act. This bill has been labeled as a “discussion draft,” meaning the text of the bill that will be voted upon will likely differ from...