ectronic Filing of Returns
There are new proposed regulations to reduce the threshold for electronic filing requirements in the Taxpayer First Act of 2019.
Business
Preparing for inflation
Inflation has been on the rise since the pandemic began. With varying opinions on the potential duration of the current inflation surge, it is crucial to understand the causes and prepare. Inflation can dramatically reduce profits and harm companies.
Does the Employee Retention Credit Apply to your Firm?
The Employee Retention Credit (ERC), introduced with the CARES Act, is a way for professional service firms to recoup wages paid to employees. Does your firm qualify?
What Makes a Good Valuation Report?
Most owners already have a predetermined number in their mind when the time comes to establish the value of a company. They Most owners already have a predetermined number in their minds when the time comes to establish the value of a company.
Minnesota Legislature Passes Federal Conformity Bill
In their special session ending on June 30, 2021, the Minnesota legislature passed a federal tax conformity bill. Highlights of the bill are summarized here.
10 Reasons for a Business Valuation
Most business owners are reactive when it comes to having their businesses valued. But there are many times it pays to be proactive.