TAX PLANNING & PREPARATION

TAX PLANNING & PREPARATION

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One Big Beautiful Bill Act

Accounting, Payroll and Tax Tips, Advice and News

Learn something new when you subscribe to our podcast, e-invites to webinars, and interesting blog articles to help you navigate the financial landscape.

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Article

Jim Rudnick

June 16, 2026

Don’t overlook these tax issues after a job loss

Even with a relatively low unemployment rate (averaging around 4.4% over the past year), layoffs and terminations More

Article

Jon Hinderks

June 15, 2026

Demystifying like-kind exchanges

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking More

Article

Mitchell Erickson

June 9, 2026

The “kiddie tax” can apply long after childhood

Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But More

Article

Mitchell Erickson

June 1, 2026

Beware of potential tax issues when selling self-created intangibles

Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS More

Article

Mitchell Erickson

May 20, 2026

Advance Payments Welcome Letter and the Child Tax Credit

Welcome Letter from the Minnesota Department of Revenue – What You Need to Know The Minnesota Department of Revenue More

Article

Jennifer Lownsbury

May 12, 2026

Moving to a new state? Review the tax implications first

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant More

Article

Mitchell Erickson

May 11, 2026

Fine-tune your tax withholding after filing your return

Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual More

Article

Carolyn Halverson

April 28, 2026

IRS issues final regulations on tips tax break

Last year, a new income tax deduction for qualified cash tips went into effect under the One Big Beautiful Bill Act More

Article

Mitchell Erickson

April 28, 2026

Tax mitigation strategies when rebalancing your investment portfolio

Tax mitigation strategies when rebalancing your investment portfolio Large stock market gains in recent years, More
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