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...]
A tax guide to choosing the right business entity
August 13, 2025 by Jeff Rislov
One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type. This choice directly impacts … [Read more...]
How to interview employees about possible fraud
August 13, 2025 by Annette Benson
If you or your managers suspect fraud is occurring in your organization, you can’t afford to wait to act. According to the Association of Certified Fraud … [Read more...]
Act soon: The OBBBA ends clean energy tax breaks
August 5, 2025 by Jeff Rislov
The newly enacted One, Big, Beautiful Bill Act (OBBBA) represents a major move by President Trump and congressional Republicans to roll back a number of clean … [Read more...]
The new law includes a game-changer for business payment reporting
August 4, 2025 by Mitchell Erickson
The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS requirement. Beginning with payments made in 2026, the new law raises the … [Read more...]
