At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents buying them school supplies, backpacks, clothes, … [Read more...]
Teachers and others can deduct eligible educator expenses this year — and more next year and beyond
September 2, 2025 by Tonya Raths
10 tips for cybersecurity on a shoestring
August 25, 2025 by Annette Benson
Small businesses often lack financial resources to defend against cyberthreats, but you don’t need a large IT budget. Simple, cost-effective habits can help … [Read more...]
Divorcing as a business owner? Don’t let taxes derail your settlement
August 25, 2025 by Larry Stulen
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership interest is often one … [Read more...]
How will the changes to the SALT deduction affect your tax planning?
August 22, 2025 by Jeff Rislov
The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you have … [Read more...]
Workers’ Compensation and the Family and Medical Leave Act (FMLA)
August 20, 2025 by Nicholle Peterson
Question: We have an employee out due to a work-related injury. Do we still need to send them Family and Medical Leave Act (FMLA) paperwork if they’re already … [Read more...]
The next estimated tax payment deadline is coming up soon
August 19, 2025 by Mitchell Erickson
If you make quarterly estimated tax payments, the amount you owe may be affected by the One Big Beautiful Bill Act (OBBBA). The law, which was enacted on July … [Read more...]
Thinking About Applying for 501(c)(3) Status? Here Is What You Need to Know
August 19, 2025 by Meranda Wacek
If you’re considering 501(c)(3) status, it likely means you’ve felt a calling to give back. Perhaps you’re forming a private foundation or public charity, or … [Read more...]
Minnesota Secure Choice Retirement Program
August 13, 2025 by Jen Burnett
Starting in 2026, companies in Minnesota with 5 or more employees MUST offer a qualified retirement plan. If they don’t offer their own plan, they must join the … [Read more...]
No tax on car loan interest under the new law? Not exactly
August 13, 2025 by Mitchell Erickson
Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One big exception is qualified residence interest or … [Read more...]
