Tax problems can happen to even the most organized small business owners. A cash flow crunch, an unexpected tax notice, a missed filing deadline or a payroll … [Read more...]
Ask your audit committee to oversee fraud prevention
July 13, 2026 by Kari Steinbeisser
Fraud prevention starts at the top — with the board of directors. In fact, an engaged audit committee (or other oversight team, such as an advisory board) can … [Read more...]
Can we implement a policy that spells out how resignations and terminations are communicated to employees and clients?
July 9, 2026 by Nicholle Peterson
Answered by the HR Experts You can, yes. It’s generally a good idea to follow a communication plan as departures can be disruptive to both the work of your … [Read more...]
Midyear tax planning: Review opportunities to save taxes this year (or next)
July 7, 2026 by Jeff Rislov
Summer is a good time to see whether your income, deductions and investment activity are lining up as expected. Let’s take a look at a few areas that commonly … [Read more...]
Will your Social Security benefits be taxable?
July 6, 2026 by Jeff Rislov
Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this … [Read more...]
What’s the right entity type for your new business?
July 6, 2026 by David Corneil
Start-ups must choose a legal entity for their business activities. The type of entity you select affects how the business is taxed and who may be held … [Read more...]
Fraud targeting veterans is a small business issue
July 6, 2026 by Kari Steinbeisser
U.S. military veterans own majority stakes in more than 1.6 million businesses and represent 5.3% of this country’s business owners, according to the U.S. Small … [Read more...]
Selecting a tax accounting method for your small business
July 6, 2026 by Jim Rudnick
Small business owners must answer an important question: Should we use the cash or accrual accounting method for federal income tax purposes? Larger entities … [Read more...]
MN Tax Law Changes: What Businesses Should Know Right Now
June 25, 2026 by Jeff Rislov
The 2026 Tax Bill, signed into law May 27, made a number of changes to the state tax code (Minnesota Laws 2026, Chapter 128) bringing potential tax … [Read more...]
What kinds of interview questions should we ask to assess a candidate’s competency for the position?
June 24, 2026 by Nicholle Peterson
Answered by the HR Experts We recommend asking a combination of behavioral, situational, and job-specific questions. Behavioral questions ask the candidate … [Read more...]
