Kevin Berg | Jul. 30, 2024

The Death of the Chevron Doctrine

Ever since it was established in 1984 in the case Chevron v. Natural Resources Defense Council, the “Chevron Doctrine” has…

Greg Carlson | Jul. 22, 2024

The Danger of Using Company-Owned Life Insurance to Fund a Buy-Sell Agreement

The case of Connelly v. United States was decided by the Supreme Court on June 6, 2024. The case concerned…

Amy Swenson | Jul. 16, 2024

Minnesota Retail Delivery Fee Effective July 1, 2024

The Minnesota Department of Revenue recently distributed information regarding the new Minnesota Retail Delivery Fee that was passed in the…

John Csargo | Jul. 11, 2024

Consider Borrowing From Your Corporation but Structure the Deal Carefully

If you own a closely held corporation, you can borrow funds from your business at rates that are lower than…

Kevin Berg | Jul. 1, 2024

Minnesota 2024 Legislative Session: Tax and Employment Law Changes Highlights

The 2024 legislative session in Minnesota ended on May 19, 2024 and brought some changes to the tax law as…

Melissa King | Jul. 1, 2024

Business Owners That Accepted VISA and Mastercard Payments Could Qualify for Class Action Settlement Payment

Over the years, business owners have been paying significant fees to process VISA and Mastercard credit card payments. As a…

John Csargo | May. 21, 2024

Tax Tips When Buying the Assets of a Business

After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying…

John Csargo | Apr. 3, 2024

2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of…

Brandon Dunigan | Mar. 25, 2024

Beneficial Ownership Information Reporting

By now, many of you have become aware of newly enacted Federal Beneficial Ownership Reporting that passed as a part…

John Csargo | Feb. 12, 2024

9 Tax Considerations if You’re Starting a Business as a Sole Proprietor

When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole…

Barb Sawdy | Feb. 5, 2024

Sales Tax Tips with QBO

QBO has a very powerful built-in feature for sales tax. We have found that some clients are not taking advantage…

Brandon Dunigan | Jan. 8, 2024

Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement

Starting January 1, 2024, a significant number of businesses are now required to comply with the Corporate Transparency Act (“CTA).…

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