SBA Announces the Opening of a Paycheck Protection Program Direct Forgiveness Portal Starting August 4, 2021, the new portal will streamline applications for … [Read more...]
5 Ways to Take Action on Accounts Receivable
July 14, 2021 by Karla Hemmesch
No matter the size of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong and steady … [Read more...]
So, You Need a Single Audit
July 7, 2021 by Kari Steinbeisser
American Rescue Plan Act (ARPA) and the Single Audit What is a Single Audit? A single audit is an audit of an entity that spends $750,000 or more in federal … [Read more...]
Minnesota Tax Bill Passed
July 1, 2021 by Jeff Rislov
In the early hours of July 1, both chambers of the Minnesota Legislature passed the tax bill, marking the final piece of legislation approved in the special … [Read more...]
Are Your Company’s Job Descriptions Pulling Their Weight?
June 30, 2021 by Nicholle Peterson
Are your company’s job descriptions pulling their weight? At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years … [Read more...]
American Rescue Plan Funds for Non-Entitlement Cities
June 30, 2021 by Kari Steinbeisser
American Rescue Plan Funds for Non-Entitlement Cities On March 11, 2021, President Biden signed the $1.9 Trillion American Rescue Plan to provide additional … [Read more...]
Turning Your Hobby Into a Business
June 30, 2021 by Jennifer Lownsbury
You’ve loved dogs all your life so you decide to start a dog training business. Turning your hobby into a business can provide tax benefits if you do it right. … [Read more...]
R&D Tax Credits and the ERC
June 29, 2021 by Annette Benson
With the signing of the Consolidated Appropriations Act (CAA) in December 2020, the interplay with ERC and R & D credit wages was addressed stating that any … [Read more...]
Here Come the Child Tax Credit Payments: What You Need to Know
June 29, 2021 by Mitchell Erickson
The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July 2021 — … [Read more...]
Child Tax Credit 2021
June 25, 2021
Child Tax Credit 2021 The American Rescue Plan Act of 2021 (ARPA) enacted in March 2021 made changes to the Child Tax Credit that may benefit many … [Read more...]
