Blog

Greg Carlson | Feb. 14, 2023

Minnesota Long-Term Care Legislation

We wanted to bring your attention to a long-term care topic working its way through the Minnesota legislature. It mimics…

Barb Sawdy | Dec. 19, 2022

2023 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep…

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 | Nov. 28, 2022

Intangible Assets: How Must the Costs Incurred Be Capitalized?

The term “intangibles” covers many items. It may not always be simple to determine whether an intangible asset or benefit…

Greg Carlson | Nov. 15, 2022

November 21, 2022: Section 174 R&D Costs Update Webinar Recording

The Tax Cuts & Jobs Act made significant changes to the tax treatment of R&D costs that will affect almost…

John Csargo | Nov. 7, 2022

2023 Limits for Businesses That Have HSAs — or Want to Establish Them

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way…

John Csargo | Nov. 4, 2022

Inflation Means You and Your Employees Can Save More for Retirement in 2023

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice…

John Csargo | Oct. 26, 2022

Employers: In 2023, the Social Security Wage Base is Going Up

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for…

John Csargo | Oct. 5, 2022

Worried About an IRS Audit? Prepare in Advance

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if…

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:

Barb Sawdy | Sep. 19, 2022

2022 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep…

Andy Muntifering | Sep. 16, 2022

Tax Cut & Jobs Act Impact on ’22 Research Expense

The Tax Cuts and Jobs Act was passed in December 2017.  While most of the tax provisions in this legislation…