abip had an eventful start to December with our Houston Christmas party last week and our San Antonio, and New Braunfels celebrations taking place today. We also announced Gosia Kanda, CPA, as our new Partner in Charge of Assurance, and we are excited to see her leadership continue to strengthen our Assurance practice. In addition, abip CPAs & Advisors was proud to host the Meet the Speakers Reception at the 73rd Annual Taxation Conference on December 3 at the AT&T Conference Center in Austin.

As we approach the end of the year, we want to extend our sincere appreciation to our clients for their trust and partnership throughout 2025. It has been our privilege to support your goals and help navigate another successful year together. We wish you and your families a joyful holiday season filled with peace, connection, and celebration. We look forward to continuing to serve you in the new year.

Year End Tax Planning

As the year comes to a close, it’s the perfect time to meet with your tax professional to review your financial picture and identify last-minute opportunities to minimize your tax liability. Proactive planning can help you take advantage of new deductions, adjust estimated payments, and prepare for upcoming changes before it’s too late. Don’t wait until tax season. Schedule your end-of-year planning meeting today to ensure you’re set up for success in the year ahead.

The Hidden Dangers of Ignoring Reasonable Compensation Rules

By Terri Brechter, CPA
If you’re an S Corporation owner, paying yourself a reasonable salary isn’t optional; it’s a legal requirement...

Bonus Depreciation and Other Year-End Tax-Saving Tools for Businesses

As this year comes to a close, business owners seeking to reduce their taxes for 2025 have a variety of opportunities. Here’s a look at two tax-saving tools: bonus depreciation and retirement plan contributions...