Minnesota Conformity Bill Summary
Jared Weiskopf, CPA: July 8, 2021
July 8, 2021 - On July 1, 2021, Governor Walz signed a bevy of new bills into law, including both a...
Jared Weiskopf, CPA: July 8, 2021
Is the Cash or Accrual Method of Accounting Right for Your Business?
Jared Weiskopf, CPA: June 15, 2021
June 15, 2021 - Cash is king for most – if not all – companies, and the ability to defer income...
MN Legislature: PPP and Unemployment Benefits May Be Excluded From MN Taxes
Jared Weiskopf, CPA: May 20, 2021
May 20, 2021 - Minnesota State leaders in the Legislature and Governor Tim Walz have announced...
Minnesota Economic Assistance Package Available for Some Businesses
Jared Weiskopf, CPA: December 18, 2020
December 18, 2020 - On December 16, 2020, Governor Walz signed a COVID-19 economic assistance...
North Dakota Covid-19 Improvements Grant
Jared Weiskopf, CPA: July 17, 2020
July 17, 2020 - There is a new incentive for businesses licensed with the North Dakota Secretary of...
Minnesota Tax Conformity to Federal Tax Cuts and Jobs Act
Jared Weiskopf, CPA: June 3, 2019
June 3, 2019 — On Friday, May 31st, Governor Tim Walz signed into law Minnesota’s response to the...
Opting Out of S Corporation Status at the State Level to Avoid the $10K SALT Deduction Cap
Jared Weiskopf, CPA: May 28, 2019
May 28, 2019 — With the Tax Cuts and Jobs Act limiting an individual taxpayer to a $10,000 ($5,000...
How Can You Reduce Your State Tax Apportionment?
Jared Weiskopf, CPA: May 1, 2019
May 1, 2019 — Owners of pass-through entities (S corporations, LLC/partnerships) that sell services...
Minnesota's Response to Wayfair Supreme Court Decision
Jared Weiskopf, CPA: July 25, 2018
July 25, 2018 — Minnesota Revenue has updated their local sales tax collection requirements for...
Do You Pay Income Tax on Employer-Owned Life Insurance Benefits?
Jared Weiskopf, CPA: March 21, 2018
March 21, 2018 — As a business owner or employee benefits specialist, you're most likely aware of...
Can Revenue Sourcing Reduce Your State Taxes?
Jared Weiskopf, CPA: January 4, 2018
January 4, 2018 — Federal tax reform is all over the news these days, but state tax saving...