Payroll/HR Update: Keeping Teens Safe at Work this Summer

Keeping teens safe at work this summer Summer break is nearly here for Minnesota teens and many may be looking for employment. Before hiring teens, employers … [Read more...]

PPP Loan Forgiveness Interim Final Rule

The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness … [Read more...]

Employee Retention Credit for Employers

IRS website - Employee Retention Credit for Employers Subject to Closure Due to COVID-19 Crisis On its website, the IRS has provided guidance for taxpayers … [Read more...]

FAQs on Minnesota Unemployment Insurance (UI)

COVID-19 Resource This article was last updated March 23, 2020 at 3:00 pm. On March 16, 2020 Minnesota Governor Tim Walz issued an executive order to ensure … [Read more...]

SBA Loan Application Glossary of Business Financial Terms

This article was last updated 3-24-2020 at 9am. As of March 21, 2020, all small business owners in the U.S. are currently eligible to apply for a low … [Read more...]

Minnesota Wage and Hour Recordkeeping Requirements

Minnesota employers are required to keep certain records about each employee for three years. Read more below to stay compliant with Minnesota law. Records … [Read more...]

New Form I-9 Released

On January 31, 2020, the United States Citizenship and Immigration Services (USCIS) released a new Form I-9. The form is dated 10/21/2019 and should be used … [Read more...]

Highlights from the FY2020 Appropriations Bill

On Dec. 20, 2019, President Donald Trump signed the FY2020 Appropriations Bill. It included the Consolidated Appropriations Act, the Further Consolidated … [Read more...]

How to Prepare for a Smooth Audit

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

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...]