Blog

Chris Wittich | May. 19, 2021

Tax Update on PPP, Unemployment Benefits and Employee Retention Credits

Here in Minnesota it was just announced that the legislature has come to an agreement on conformity for two big…

Chris Wittich | May. 19, 2021

PPP Applications, Forgiveness and SBA Programs

Reminder that your PPP1 forgiveness applications are due 10 months after your 24-week covered period is completed. For example, a…

Andy Muntifering | May. 17, 2021

Defending Your Auto Dealership from Fraud

Although auto sales plunged at the start of the COVID-19 pandemic, they’ve since rebounded. In fact, some dealerships are reporting…

Nick Swedberg | May. 5, 2021

The Restaurant Revitalization Fund is Now Live

The COVID-19 pandemic has affected various industries in very different ways. Widespread lockdowns and discouraged movement have led to increased…

Becky Gibbs | Apr. 28, 2021

Minimize the Need to Make Year-End Financial Adjustments

Why don’t your nonprofit’s interim and year-end financial statements match? It may come down to cash basis vs. accrual accounting.…

Ashley Sparks | Mar. 22, 2021

The Interview Before the Fraud Interview

If you suspect occupational fraud but have little information or evidence, you may want to conduct preliminary information interviews. But…

Tiffany Shermak | Mar. 17, 2021

New Legislation Proposes to Help “Rescue” Nonprofits

Everyone knows about the $1,400 checks earmarked for qualified individuals. But what does the American Rescue Plan Act propose for…

Chris Wittich | Mar. 11, 2021

Employee Retention Credit and How We Can Help

We are excited to be able to assist clients with Employee Retention Credit calculations this year. To learn more about…

John Csargo | Feb. 26, 2021

Should Your Business Add Roth Contributions to its 401(k)?

If your business sponsors a 401(k) plan, you might someday consider adding designated Roth contributions. Here are some factors to…

Ashley Sparks | Feb. 22, 2021

Fraud Still Matters When Making Business Acquisitions

The COVID-19 pandemic has often made the due diligence process for business acquisitions more complex and time-consuming. But if you’re…

Ashley Sparks | Jan. 26, 2021

Put Employees to Work Fighting Fraud

You may have the best internal controls in the business world, but if your employees don’t follow them, your company…

Chris Wittich | Dec. 31, 2020

Changes to 2020 Individual Tax Credits

The big COVID 19 relief bill that just passed December 27th had a lot of big-ticket items in there, mostly…