How Does the Pass-Through Entity Tax Work?
Gloria McDonnell, CPA: September 21, 2021
September 21, 2021 - Pass-through entity tax allows an entity to pay taxes directly at the entity...
Gloria McDonnell, CPA: September 21, 2021
The Cost (or Cost Savings) of Hiring Outsourced Accounting Services
Karl Neset: August 12, 2021
August 12, 2021 - Should you consider outsourced accounting services? Business owners make...
Accounts Payable Best Practices and Advanced Tax Planning for Year-end
Redpath and Company: August 10, 2021
August 10, 2021 - Editors Note: This blog was originally published in September 2019 and has been...
Accounting for Covid-19 Relief
Andrew Schultz, CPA: August 3, 2021
August 3, 2021 - Covid-19 relief has included a variety of programs, including the Paycheck...
How to Opt-out of the Advance Child Tax Credit
Meagan Weber, CPA, MBT: July 26, 2021
July 23, 2021 - For tax year 2021 only, the IRS has modified the Child Tax Credit and will disburse...
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...
Compilations, Reviews, and Audits: Understanding the Levels of Assurance
Jill Noack, CPA: July 7, 2021
July 7, 2021 - CPAs produce reports that provide different levels of assurance regarding the...
How to Properly Allocate Expenses in Your Nonprofit Financial Statements (and Why It Matters)
Cathy Lydon, CPA: July 1, 2021
July 1, 2021 - Common sense tells us that every business needs to know how money is being spent in...
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...
Not Sure You Can Claim the R&D Tax Credit? Think Again
Redpath and Company: June 4, 2021
June 4, 2021 - If your company does any research and development (R&D), the R&D tax credit can...
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...
6 Post-Pandemic Strategic Business Planning Tips from the Pros
Redpath and Company: May 19, 2021
May 19, 2021 - The past year has put businesses across all industries to the test. Questions of...
What the ASC 842 Lease Accounting Standard Means for Your Balance Sheet
Redpath and Company: May 7, 2021
May 7, 2021 - ASC 842 is a change to leasing standards that, among other things, requires companies...
SBA Restaurant Revitalization Fund Applications Opening
Redpath and Company: April 29, 2021
April 30, 2021 - The Small Business Administration has announced that the Restaurant Revitalization...
What MN Nonprofits Need to Know About Unemployment Claims Right Now
Cathy Lydon, CPA: April 29, 2021
April 29, 2021 - Employers across the country saw a dramatic surge in unemployment due to the...