Blog

Drew Wolf | Oct. 22, 2020

Minnesota Now Conformed to Federal Section 179 Deduction

Minnesota has conformed to the Federal Section 179 deduction. This deduction allows taxpayers to deduct the entire cost of certain…

Chris Wittich | Sep. 8, 2020

EIDL Loans Explained

In this 10-minute video, Chris Wittich, MBT, CPA explains the basics of EIDL loans and what you need to know.

Barb Sawdy | May. 6, 2020

Employee Retention Credits

The employee retention credit is a refundable credit of 50% of up to $10,000 in qualified wages (qualified health plan…

Chris Wittich | Apr. 25, 2020

Webinar Recording: PPP Loan Forgiveness

This webinar was recorded on April 24, 2020 and featured Boyum Barenscheer CPAs discussing PPP Loan Forgiveness – Who, What,…

Larry Davidson | Mar. 31, 2020

Is My Rent or Mortgage Payment Still Due?

For all the attention the CARES Act has received recently for “Stimulus Checks” for individuals, and the “Payroll Protection Program”…

John Csargo | Mar. 30, 2020

Retirement Plan Provisions of the CARES Act

The COVID-19 generated CARES Act contains provisions for retirement plan distributions and qualified individuals affected by the coronavirus. Details follow…

Jake Kriegler | Mar. 27, 2020

COVID-19 Impacts on the Employee Benefit Plan Deadlines

With the COVID-19 pandemic changing the way businesses are operating on a daily basis from locally to world-wide, the employee…

Randy Feld | Mar. 26, 2020

Essential Manufacturing in Business under Minnesota’s Stay At Home Order for COVID-19

Manufacturing is essential to Minnesota and the country and many manufacturing businesses will be exempt from Minnesota new law that…

Randy Feld | Mar. 26, 2020

6 Things To Do Now That COVID-19 Has Disrupted Your Manufacturing Business

The coronavirus has disrupted the manufacturing business. Here are six things that you can do. Number one – remind your…

Tom Hofstad | Mar. 25, 2020

Construction Considered Essential Services Under Executive Order 20-20

On Wednesday, March 25, 2020 Governor Tim Walz issued Executive Order 20-20 (“Stay Home Executive Order”) directing Minnesotans to stay…

Nick Swedberg | Mar. 25, 2020

MN Small Business Emergency Loans for Restaurants, Breweries and Other Establishments

Following Executive Order 20-15, the Minnesota Department of Employment and Economic Development (DEED) has established a loan program to assist…

Stacy Shaw | Mar. 23, 2020

Resources for Small Businesses in Crisis

Many small businesses are reeling from the impact of the COVID-19 pandemic. Boyum Barenscheer is here to help. We have…