On Dec. 20, 2019, President Donald Trump signed the FY2020 Appropriations Bill. It included the Consolidated Appropriations Act, the Further Consolidated … [Read more...]
Guidance on 2020 Form W-4
January 10, 2020
On December 5, the IRS issued the final 2020 Form W-4 (Employee’s Withholding Certificate). The new form no longer uses withholding allowances, but has been … [Read more...]
How to Prepare for a Smooth Audit
December 16, 2019
The audit preparation process can be a cumbersome task but, if done correctly, it may go more smoothly. Take into consideration these various steps. 1. Plan … [Read more...]
GASB 87 Leases
December 12, 2019
It’s time to start thinking about GASB 87 and how leases will impact your entity! We recommend you begin gathering information now and continue throughout the … [Read more...]
Minnesota Tax Conformity
November 19, 2019
On May 24, 2019, the Minnesota Legislature passed a tax bill that conforms many of Minnesota’s tax laws with several federal tax code changes enacted from 2016 … [Read more...]
Rethink Holiday Gift-giving
November 19, 2019
Finding the right gift for someone isn’t the easiest task. This season, help your loved ones find true joy with a different kind of gift-giving strategy that … [Read more...]
Make These Tax Moves Before 2019 Ends
November 19, 2019
Despite past, present, and future changes to the tax rules, some year-end tax-planning advice remains unwavering. Here are a few time-tested strategies to … [Read more...]
Tame Your Capital Gains Tax Bite
November 19, 2019
A cornerstone of smart tax planning is managing your purchases and sales of property year-round. And a key component of this activity is knowing that the … [Read more...]
Make Your Business Meetings Worth the Time
October 23, 2019
Are your organizational meetings dull, uninspiring, and inefficient? Do they drain morale, waste time, and focus on the past? Would you like them to be vibrant, … [Read more...]
2020 Social Security Wage Base Increase
October 11, 2019
Social Security Wage Base Increases to $137,700 for 2020 The Social Security Administration (SSA) announced on Thursday, October 10, 2019, that the 2020 social … [Read more...]
