Redpath Insights

The Redpath Insights blog will help you stay up-to-date on the latest tax, audit, accounting and advisory insights so you can make more informed business decisions. 

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How to Properly Allocate Expenses in Your Nonprofit Financial Statements (and Why It Matters)

July 1, 2021 - Common sense tells us that every business needs to know how money is being spent in...

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Is the Cash or Accrual Method of Accounting Right for Your Business?

June 15, 2021 - Cash is king for most – if not all – companies, and the ability to defer income...

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Not Sure You Can Claim the R&D Tax Credit? Think Again

If your company does any research and development (R&D), the R&D tax credit can minimize your tax...

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MN Legislature: PPP and Unemployment Benefits May Be Excluded From MN Taxes

May 20, 2021 - Minnesota State leaders in the Legislature and Governor Tim Walz have announced...

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6 Post-Pandemic Strategic Business Planning Tips from the Pros

May 19, 2021 - The past year has put businesses across all industries to the test. Questions of...

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What the ASC 842 Lease Accounting Standard Means for Your Balance Sheet

May 7, 2021 - ASC 842 is a change to leasing standards that, among other things, requires companies...

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SBA Restaurant Revitalization Fund Applications Opening

April 30, 2021 - The Small Business Administration has announced that the Restaurant Revitalization...

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What MN Nonprofits Need to Know About Unemployment Claims Right Now

April 29, 2021 - Employers across the country saw a dramatic surge in unemployment due to the...

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Individual Aspects of the American Rescue Plan

March 26, 2021 - The American Rescue Plan Act of 2021 included many provisions affecting...

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Three Things to Know About Selling Your Business Before You Do It

March 25, 2021 - "Should I sell my business?" It's a question every owner asks themselves sooner or...

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Should You Buy Down to Offset MN's 2021 Unemployment Insurance Tax Assessment?

March 23, 2021 – Minnesota employers are accustomed to receiving their unemployment insurance (UI)...

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IRS Extends 2021 Individual Tax Deadline to May 17

March 17, 2021 – Acknowledging pressure from both Congress and tax and accounting groups, the IRS...

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Additional Stimulus Bill – Business and Individual Incentives

March 10, 2021 - The House of Representatives has passed another stimulus bill (the American Rescue...

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