Category: Payroll

In this webinar we provide insight into recent changes in Minnesota's employment laws and how to effectively navigate them. This is an hour long webinar with some Q&A.  ...

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all appl...

Form 1099-NEC replaces Form 1099-MISC for the reporting of non-employee compensation. This information was previously reported in Box 7 of Form 1099-MISC. The due date for providing the form to recipients and for filing with the Internal Revenue Service is February 1, 2021....

Ghost stories can be good fun, particularly this time of year. Ghost employees, on the other hand, are trouble for employers. They may be just as fictional as the paranormal activities in your favorite scary book or movie, but if you have ghost employees on your payroll, you...

The employee retention credit is a refundable credit of 50% of up to $10,000 in qualified wages (qualified health plan expenses included), or a maximum of $5,000 per employee.  This credit is available against wages paid from March 12, 2020 through December 31, 2020.  Ther...

To help you navigate through the new SBA Loan opportunities and the tax provisions resulting from this and the CARES Act, we have provided you with a list of Frequently Asked Questions....

In this COVID-19 preparedness webinar from April 1, 2020, five Boyum Barenscheer partners discuss the issues impacting Minnesota businesses.  This webinar focused on three primary areas: Practical advice for navigating business cash flow needs and the new loans available, u...

As I put together this document of the timeline, summaries and resources for you, I wanted to share what message I printed out and shared with my daughters as they start their first day at home of flex learning: Don’t Stress, Do Your Best, Forget the Rest...

Due to the COVID-19 pandemic and its affects on small businesses, the SBA now has two loans available to help your small business through these unusual and trying times.  Here is a quick summary on the Economic Injury Disaster Loan and the Paycheck Protection Loan....

The U.S. Citizenship and Immigration Services (USCIS) released a revised version of the Form I-9 (Employment Eligibility Verification) on July 17th....

One common question that many business owners will have is “Am I hiring an independent contractor or an employee?”  While most business owners want to hire everyone as independent contractors, this can cause a lot of trouble if the new hire is mis-classified....