Blog

John Csargo | Nov. 11, 2021

Deducting Business Related Meals

The TCJA permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017. But it didn’t specifically address…

John Csargo | Jun. 29, 2021

2021 Dirty Dozen Tax Scams

The IRS released its annual “Dirty Dozen” tax scams for 2021 on June 28th. One of the key provisions of…

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…

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…

Tom Hofstad | Feb. 18, 2020

179D Deduction Is Back!

The 179D deduction has been gone since 2017 and the good news is that it is back.  The tax extenders…

John Csargo | Jan. 27, 2020

2020 Tax Deadlines to Remember

We all know about April 15th, but there are a number of additional deadlines to remember.  Below are additional deadlines…

Tom Margarit | Dec. 27, 2019

5 Ways To Strengthen Your Business For The New Year

The end of one year and the beginning of the next is a great opportunity for reflection and planning. You…

Ashley Sparks | Nov. 20, 2019

Bridging The Gap Between Budgeting And Risk Management

At many companies, a wide gap exists between the budgeting process and risk management. Failing to consider major threats could…

Elizabeth Wilcox | Aug. 27, 2019

Shedding Some Light on Business Credits for Solar Energy Property

We all know that solar energy can save you money on future energy costs. But did you also know that…

Barb Sawdy | Feb. 12, 2019

How Financial Statements Tell Your Story

Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and…

Chris Wittich | Jan. 21, 2019

Best or Worst Tax Season?

I think there is a strong chance that 10-20-30 years from now when we look back at the 2018 tax…

John Csargo | Jan. 2, 2019

Taxation of Employee Stock Options

Before we get too deep into this, it’s necessary to understand that there are two kinds of stock options, nonqualified…