Jared Weiskopf, CPA is a partner in the business tax service area and is the practice leader in state and local taxation. He assists clients with corporate and partnership tax preparation, tax planning and research, and works with a variety of clients in industries such as manufacturing and professional services. Jared has provided public accounting services at Redpath and Company since 1997.
Jared Weiskopf, CPA
American Institute of Certified Public Accountants
Minnesota Society of Certified Public Accountants
Western State College, B.A., Accounting
University of Wisconsin – Milwaukee, Graduate Certificate in State and Local Taxation
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55 East Fifth Street, Suite 1400 St. Paul, MN 55101
ASC 842 is a recent change to leasing standards that, among other things, requires companies to include leases longer than 12 months on their balance sheets. The ramifications of the new standard make it crucial for construction companies to get familiar with because it will likely negatively impact debt covenants with financial ratios.
What do you think of when you hear the term "R&D"? If you picture CAD drawings and beakers bubbling, you're not alone – but research and development means a lot more types of work than you may imagine. In fact, your construction company might be eligible for an R&D tax credit without even realizing it.
August 31, 2020 - On Friday, August 28, the IRS issued guidance on President Trump’s executive order allowing for the deferral of payroll taxes on wages paid after September 1. While the guidance clarifies some items, unanswered questions remain.