Author Archives: ABIP



ABIP

in About ABIP

ABIP Ranked Among Fastest Growing US Companies!

At the end of August 2014, Inc. Magazine released its 2014 list of fastest growing company in the US. ABIP is proudly ranked on the list, standing at #1723 out of a list of 5000 privately held companies across America, with a growth of 243% over the course of 3 years. For 33 years, Inc. Magazine has released the Inc. 5000, its annual list of...

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09 Sep 2014
in About ABIP

ABIP, CPA made the 2014 List of San Antonio’s top accounting firms.

ABIP, CPA is proud to announce that they made the San Antonio 2014 list of the city’s top accounting firms. ABIP ranked #16 among some of the top accounting firms in the country. This is a great achievement for ABIP, knowing that they opened their office in San Antonio less than 2 years ago. The list of San Antonio’s top accounting firms was established by...

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03 Sep 2014
in About ABIP

Join ABIP, P.C. and pay it forward!

ABIP would like to thank the ladies who participated in the Houston West Chamber of Commerce’s “Women Driving Business”. We believe it is very important to continue to support the chamber and continue to promote and support the women owned and operated businesses of the West Houston area. Each of the women in attendance at the event was given a small velvet pouch containing 11...

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20 Aug 2014
in Real Estate

5 Steps in Choosing the Best Business Entity for Real Estate Investing

When trying to determine the best business entity for real estate investing, you may notice that the process is slightly tedious. You will have to deal with tons of paperwork, documentation, and go above and beyond to make sure you and your investment is legally protected. Whether you go about choosing a corporation, limited partnership, or limited liability company, there are some steps that you should...

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19 Jun 2014
in Real Estate

How to: Determine What your Real Estate Investments Needs from a CPA

From the time that you initially decide to begin investing in real estate to buying your first property, there is a seemingly endless amount of work to be done. This is a considerably daunting thing to many people. Believe it or not, the business of owning property is a tough one and one that is full of land mines that can blow your returns to...

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11 Jun 2014
in Real Estate

4 Ways a CPA Can Save You $1,000’s in Real Estate Investing

The top CPA Firms in Houston have one goal in mind when it comes to working with you on your tax accounting and reporting- helping save your money. CPAs can help you and your business in many ways, but this is especially true when real estate investing comes into play. Four ways you could potentially save thousands by using the assistance of a CPA are...

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06 Jun 2014
in Real Estate

How to Set up Your Chart of Accounts

A Chart of Accounts is simply a list of accounts used by your business all in one spot. A great chart of accounts also includes a guiding numbering system that tells you what types of transactions go into each account. A Chart of Accounts, while not complex in nature, does require a lot of management, maintenance, and diligence so that the financial side of your...

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30 May 2014
in Accounting

New Limitations Set by the IRS on Pension and Retirement Plans

The IRS has announced the new limitations for pension plans and other retirement plans for 2014. Overall, the limits remain largely unchanged because the IRS stated the increase in the Consumer Price Index did not meet the statutory thresholds for their adjustment. 2014 limits that will remain the same as prior year include: The contribution limit for employees who participate in a 401(k), 403(b), and...

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22 May 2014
in Controller vs CFO

Prepare For the IRS Auditor In 9 Steps

Getting audited for your tax returns is an experience that many would be happy not to go through. A lot of business owners prefer not to undergo close scrutiny from any Internal Revenue Service agent. Such process can be taxing and strenuous, but this situation can be downplayed. According to Certified Public Accountants, only 1% of those who pay their taxes undergo an audit. However,...

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16 May 2014
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