Blog

Isabel Wollermann | Jan. 7, 2025

Qualified Charitable Contributions (QCDs): What They Are and What to Know

Once you turn 70 ½ you become eligible to make tax-free donations directly from IRA accounts to qualified charities. These…

Sam Johnson | Dec. 16, 2024

Electric Vehicle Tax Credits for High-Income Individuals and Families

Electric vehicles (EVs) are becoming increasingly more available, and most car manufacturers are building and selling an EV option, ranging…

Amy Swenson | Oct. 21, 2024

Support and Guidance for Clients Affected by Recent Natural Disasters

At Boyum Barenscheer, we want to extend our deepest empathy to you during this challenging time. Whether you’ve been affected…

Greg Carlson | Mar. 25, 2024

The Tax Relief for American Families and Workers Act of 2024 (Update)

The U.S. House of Representatives passed the Tax Relief for American Families and Works Act on January 31, 2024. Since…

Greg Carlson | Feb. 2, 2024

The Tax Relief for American Families and Workers Act of 2024

The U.S. House of Representatives passed this bipartisan tax plan on January 31, 2024. The bill still needs Senate approval…

Charlie Metzig | Feb. 2, 2024

Employee Retention Credit IRS Audit Update

The CARES act was signed into law March 27, 2020 which gave us the Employee Retention Credit (ERC). This refundable…

Andy Muntifering | Dec. 5, 2023

2023 Year End Tax Planning Webinar

In this recorded webinar, our tax team looks into the latest developments pertaining to tax laws and updates that hold…

Chris Wittich | Sep. 28, 2023

Employee Retention Credit Update | September 2023

The very first time the IRS started warning people about ERC compliance and the scams and schemes going on was…

John Csargo | Aug. 16, 2023

Minnesota Special Property Tax Refund

The Minnesota legislature retroactively passed legislation that provides a refund if your property taxes increased by 6%. This provision has…

Chris Wittich | Apr. 3, 2023

Don’t Fall for These Red Flags: How to Identify Bad Employee Retention Credit Preparers

John Csargo | Dec. 14, 2022

Do You Qualify for the QBI Deduction? And Can You Do Anything by Year-End to Help Qualify?

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes…

John Csargo | Sep. 27, 2022

Inflation Reduction Act’s Impact on Your Taxes

The Inflation Reduction Act (IRA) was signed into law on August 16, 2022.  Here are the significant provisions: