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...
Taxes (3)
Meagan Weber, CPA, MBT: July 26, 2021
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...
Not Sure You Can Claim the R&D Tax Credit? Think Again
Redpath and Company: June 4, 2021
If your company does any research and development (R&D), the R&D tax credit can minimize your tax...
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...
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...
Should You Buy Down to Offset MN's 2021 Unemployment Insurance Tax Assessment?
Redpath and Company: March 23, 2021
March 23, 2021 – Minnesota employers are accustomed to receiving their unemployment insurance (UI)...
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...
What to Do if You Have Economic Nexus in Another State
Redpath and Company: February 19, 2021
February 19, 2021 - If your company does business in states outside of your primary location, you...
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...
Small Business Aid and Tax Extenders Included in Year-End Bill
Alex Helkamp, CPA, CCIFP: December 22, 2020
December 22, 2020 – This week, votes are being cast on two large measures put together by...
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...
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...