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...]
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...]
Save Back-to-school Shopping Receipts: Valuable MN K-12 Tax Benefits for Those Qualifying
August 4, 2021 by Jeff Rislov
The Minnesota Department of Revenue released this news release on August 4. With a new school year on the horizon, parents and caregivers are reminded to … [Read more...]
Shuttered Venue Operators Grant
March 15, 2021
Shuttered Venue Operators Grant Program The Shuttered Venue Operators (SVO) Grant program was established by the Economic Aid to Hard-Hit Small Businesses, … [Read more...]
Minnesota Minimum-wage Rate to be Adjusted for Inflation
September 30, 2020
Minnesota's minimum-wage rates will be adjusted for inflation Jan. 1, 2021, to $10.08 an hour for large employers and $8.21 an hour for other state minimum … [Read more...]
New Guidance Implementing Employee Payroll Tax Deferral Provision
September 1, 2020
On August 28, 2020, the IRS issued guidance to employers on how to execute the President’s August 8th, 2020 memorandum (Notice 2020-65) allowing allowing for … [Read more...]
Benefits of Automated Time Tracking
August 20, 2020
TimeWorksPlus delivers the latest in cloud-based punch and time card services supporting intelligent clock features and a wide range of clocks. Track and manage … [Read more...]
