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 […]
Marketing strategy, like all aspects of business, is an important part in running a successful company. While starting a new marketing strategy can be fun, they cannot be successful without hard work and dedication. In an article from Entrepreneur, Samuel Edwards writes, “Successful marketing campaigns don’t just appear out of thin air. A lot of […]
On Wednesday, the White House unveiled the administration’s proposed tax cut plan, which, if approved, would be the biggest tax cut and largest tax reform in the history of the United States. Top economic advisor, Gary Cohn, and Treasury Secretary, Steve Mnuchin, outlined the plan during a White House briefing. The following is a breakdown […]
Don’t let the title of this article fool you! While Bill Gates and Steve Jobs are famous examples of business leaders who left school to become successful, they are extreme exceptions to the rule. You’re still better off finishing things in the classroom, explains Larry Kim in an article on Medium, “7 Important Things about […]
Abeles and Hoffman, P.C. is pleased to announce Willie M. Gates, Jr. has joined its team of professionals. “We are excited to have Willie join our team,” said Eli Abeles, CPA, President and Shareholder of Abeles and Hoffman, P.C. “He will bring a fresh, unique perspective to his work for the firm’s clients, and we […]
Abeles and Hoffman, P.C. is pleased to announce the promotions of Keith Rauch, CPA and Kelley Wingbermuehle, CPA to senior managers. “Both Keith and Kelley have a strong dedication to our firm and the clients we serve. We’re all proud of the remarkable achievements they have made over the years,” said Eli Abeles, CPA, President […]
Holiday shopping season goes into full gear this week, as consumers and retailers prepare for Black Friday. Whether you’ve meticulously planned out your purchases or you just wing it and buy everything on December 23rd, you might want to consult this list of the 15 Worst Things to Buy During the Holidays. Here are some […]
Earlier this year, The Department of Labor announced a Final Rule on overtime pay. Hopefully, you’ve had time to prepare for implementation, which occurs December 1, 2016. Here are some key provisions of the Final Rule: All workers earning up to $913 per week, or $47,476 annually for a full-year worker, must be paid at […]
Section 415 of the Tax Code, which limits the allowable contribution amounts to retirement plans, is reviewed every year and cost-of-living adjustments are made. The IRS has determined that beginning in 2017, some of these limits will go up. The following contribution amounts will remain the same, at $18,000 per year: 401(k) plans 403(b) plans […]
With President-Elect Donald Trump and the House and Senate both Republican majority, you may wonder what that means for your taxes. We’ve put together some information about how you might see your taxes change, possibly as early as the 2017 tax year. U.S. taxpayers are likely to see changes to their tax brackets, tax rates, […]