Per Diems 100% Deductible for Tax Years 2021 & 2022
Tony Oster, CPA: November 19, 2021
November 19, 2021 - On November 16, 2021, the IRS issued guidance that clarified that the meal...
Tax Planning Strategies (2)
Tony Oster, CPA: November 19, 2021
State of MN Corrects Standard Deduction Instructions
Teresa Radermacher, CPA: November 4, 2021
May 12, 2022 - UPDATE: The Minnesota Department of Revenue has recently gone back to adjusting 2019...
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...
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...
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...
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...
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...
Individual Aspects of the American Rescue Plan
Teresa Radermacher, CPA: March 26, 2021
March 26, 2021 - The American Rescue Plan Act of 2021 included many provisions affecting...
IRS Extends 2021 Individual Tax Deadline to May 17
John Kammerer, CPA: March 17, 2021
March 17, 2021 – Acknowledging pressure from both Congress and tax and accounting groups, the IRS...
Additional Stimulus Bill – Business and Individual Incentives
John Kammerer, CPA: March 10, 2021
March 10, 2021 - The House of Representatives has passed another stimulus bill (the American Rescue...
Why You Need to File a Gift Return, Even for Non-Taxable Gifts
Jon Fortin, J.D.: February 9, 2021
February 9, 2021 - Gifting is a rewarding and smart way to pass assets to your family, friends, or...
New Law Makes Big Changes to the Employee Retention Credit
Alex Helkamp, CPA, CCIFP: January 8, 2021
January 7, 2021 – Most of the excitement from the Consolidated Appropriations Act (CAA) came from...
Understanding the FFCRA: Tax Credit Opportunity and Compliance Issues
Redpath and Company: December 16, 2020
December 16, 2020 - The Families First Coronavirus Response Act (FFCRA), signed into law by...
November Paycheck Protection Program (PPP) Loan Forgiveness Guidance
John Kammerer, CPA: November 19, 2020
November 19, 2020 - On November 18, 2020, the IRS released additional guidance (Revenue Ruling...
The Impact of Uncertainty on Mergers and Acquisitions
Joe Hellman, CPA: November 2, 2020
November 2, 2020 - If there's one thing that's certain, it's that "uncertainty" has been the...