Effective from January 1, 2024, new and existing business entities (with exceptions) must comply with
the CTA
Business
The Process of Analyzing Overhead
Analyzing overhead is a critical process that businesses undertake to optimize cost efficiency and ensure effective resource allocation. Overhead costs consist of a wide range of non-direct expenses incurred during the production or operation of goods and services.
IRS Pauses Processing of New ERC Claims
The IRS has released notice that they will be suspending the processing of new claims for the Employee Retention Credit (ERC) for the remainder of 2023.
2023 Business Valuation Considerations
In normal times, getting an accurate valuation of a business or other asset can be challenging. There are multiple inputs that must be considered and a value derived based on various assumptions.
Midyear Tax Planning Essentials
How did tax season go? Summer is an excellent time to enact a new tax planning strategy.
State of Minnesota Tax Rebate Payments
On Wednesday, May 24 the State of MN enacted legislation that will provide direct tax rebate payments to taxpayers.