Among the many decisions you’ll have to make as your estate plan is being drafted is who you will appoint as the executor of your estate and the trustee of your … [Read more...]
What do the 2023 cost-of-living adjustment numbers mean for you?
October 28, 2022 by Jim Rudnick
The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased … [Read more...]
Calculating corporate estimated tax
June 7, 2022 by Jim Rudnick
The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review the rules for computing corporate … [Read more...]
Help when needed: Apply the research credit against payroll taxes
June 7, 2022 by Jeff Rislov
Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject to limits, you can elect to apply … [Read more...]
How to Keep Your Tax Returns Safe from Ghosts
January 31, 2022 by Jeff Rislov
Taxpayers, beware! "Ghost" tax preparers are particularly active this time of year. These bad actors refuse to sign tax returns they've prepared because they … [Read more...]
American Rescue Plan December 2021 Updates: for Non-Entitlement Units (NEU)
December 14, 2021 by Justin McGraw
When will Non-Entitlement Units (NEUs) receive a second disbursement? NEU’s had until October 11, 2021 to request funds from the State of Minnesota. The … [Read more...]
The Power of Storytelling
December 9, 2021
Remind your sales team about the power of storytelling Everyone loves a story. It’s why movies are still big business and many of us spend hours on the couch … [Read more...]
Don’t forget to factor 2022 cost-of-living adjustments into your year-end tax planning
November 16, 2021 by Jim Rudnick
The IRS recently issued its 2022 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, mainly due to the … [Read more...]
Status update on MN tax law changes implementation
November 14, 2021 by Jeff Rislov
Minnesota tax code changes were signed into law on July 1, 2021. Among the changes were those relating to Unemployment Insurance (UI) compensation, Paycheck … [Read more...]
Social Security Announces 2022 Adjustments
October 28, 2021 by Jeff Rislov
165+ million people work and pay Social Security taxes each year. Average retirement benefits starting January 2022 have changed. All workers in 2022 have … [Read more...]
