The 2024 Election’s Potential Impact on Tax Policy
John Kammerer, CPA: October 22, 2024
U.S. election results (and their impacts on tax policy) are always important for business owners...
Tax Planning Strategies
John Kammerer, CPA: October 22, 2024
Overview of Minnesota Unemployment Tax Rate for 2024
Redpath and Company: April 11, 2024
The 2024 Minnesota unemployment insurance tax rate determinations have now been sent out by the...
The Impact of Tax Reform on Merger and Acquisition (M&A) Transactions
John Kammerer, CPA: January 11, 2024
Buyers and sellers have always taken taxes and tax law into account when evaluating a potential...
Maximizing Your Year-End Gifting Strategy
Jon Fortin, J.D.: November 9, 2023
As the year swiftly comes to a close, many individuals are considering year-end tax plans,...
Changing State Residency and the Minnesota Department of Revenue
Redpath and Company: July 27, 2023
July 27, 2023 — Residency is important because residents of Minnesota are taxed on worldwide...
How to Deduct Meals and Entertainment
Redpath and Company: April 13, 2023
Editor's note: Updated in 2023 to reflect current legislation.
Expense Management Tips for CFOs and Controllers
Redpath and Company: January 12, 2023
CFOs and Controllers do more than crunch numbers, manage a company’s budget, and protect its...
How Should Construction Retainage Be Presented?
Rob Daul, CPA: February 17, 2022
February 17, 2022 - Contract retainage is a simple concept and extremely common in the construction...
What to Do With Your Child Tax Credit IRS Letter 6419
Teresa Radermacher, CPA: January 10, 2022
January 10, 2022 — The IRS has started issuing information letters (Letter 6419) to advance child...
Per Diems 100% Deductible for Tax Years 2021 & 2022
Tony Oster, CPA: November 19, 2021
November 19, 2021 - On November 16, 2021, the IRS issued guidance that clarified that the meal...
State of MN Corrects Standard Deduction Instructions
Teresa Radermacher, CPA: November 4, 2021
May 12, 2022 - UPDATE: The Minnesota Department of Revenue has recently gone back to adjusting 2019...
How Does the Pass-Through Entity Tax Work?
Gloria McDonnell, CPA: September 21, 2021
September 21, 2021 - Pass-through entity tax allows an entity to pay taxes directly at the entity...
Accounts Payable Best Practices and Advanced Tax Planning for Year-end
Redpath and Company: August 10, 2021
August 10, 2021 - Editors Note: This blog was originally published in September 2019 and has been...
How to Opt-out of the Advance Child Tax Credit
Meagan Weber, CPA, MBT: July 26, 2021
July 23, 2021 - For tax year 2021 only, the IRS has modified the Child Tax Credit and will disburse...
How to Properly Allocate Expenses in Your Nonprofit Financial Statements (and Why It Matters)
Cathy Lydon, CPA: July 1, 2021
July 1, 2021 - Common sense tells us that every business needs to know how money is being spent in...