A contractor withholding affidavit, commonly referred to as Form IC-134, is a confirmation that a contractor (and any subcontractors) engaged in a construction … [Read more...]
Hustling for Extra Income
June 20, 2022 by Jon Hinderks
If you currently have a side hustle, don't forget about the tax implications from earning extra money. Here are several ideas to help you stay on top of your … [Read more...]
Money Management Tips for Couples
June 20, 2022 by Jim Rudnick
Couples consistently report finances as the leading cause of stress in their relationship. Here are a few tips to avoid conflict with your long-term partner or … [Read more...]
Start Your 2022 Tax Planning Now!
June 20, 2022 by Jeff Rislov
The last thing you may want to do during the summer is start thinking about your 2022 tax return! The best way to lower your tax bill for next year, however, is … [Read more...]
MN Bonus Pay Program for Frontline Workers Signed Into Law
June 20, 2022
On April 29, 2022, Minnesota Governor Tim Walz signed a bill passed by the Minnesota Legislature that will provide bonus pay for eligible COVID -19 frontline … [Read more...]
GASB Statement No. 96 – Subscription-Based Information Technology Arrangements
June 20, 2022 by Kari Steinbeisser
What are Subscription-based IT Arrangements? Subscription-based information technology arrangements (SBITA) is a contract that conveys control of the right to … [Read more...]
IRS Increases Mileage Reimbursement Rate Starting July 1
June 20, 2022 by Jeff Rislov
The Internal Revenue Service (IRS) has announced that its optional standard mileage rate will increase to 62.5 cents per mile driven for business purposes. The … [Read more...]
4 Estate Planning documents your college-aged child should have
June 16, 2022 by Larry Stulen
Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good news is that the summer months are the perfect time … [Read more...]
Consider Creating a Living Will
May 23, 2022 by Larry Stulen
A living will can help ensure your last medical wishes are carried out According to a University of Pennsylvania report, approximately 37% of Americans have … [Read more...]
Businesses: Prepare for the lower 1099-K filing threshold
May 16, 2022 by Jeff Rislov
Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers may fall into the required … [Read more...]
