Mida Nichelson, CPA, MBT
Tax Principal | Minneapolis Office
952-920-6603
How Mida got here
- Bachelors in Accounting from St. Cloud State University
- Masters in Business Taxation from University of Minnesota
- 15+ years in public accounting practice
- Joined the Minneapolis practice November 2020
How Mida approaches work
“My goal is to help my clients not only achieve the best tax result for their situation, but also to ensure they feel educated about their situation. I view my main job as simplifying the tax knowledge that I have accumulated in a way that can be easily communicated to my clients.”
Related Service Resources
How the Work Opportunity Tax Credit Can Benefit Your Business
Business owners are facing operational and financial challenges, including those related to recruiting and employee retention. As of March 2022, the Employment Cost Index for total compensation in the Midwest rose by 5.1% compared to March 2021.
Relief for Employee Retention Tax Credit Penalties
The Employee Retention Tax Credit (ERTC) helped employers bolster cash flow and avoided layoffs during the most uncertain periods of COVID. The confluence of state issued forced business closures and stay at home orders created adverse conditions for many Minnesota companies. The program provided a desperately needed capital infusion to struggling businesses.
401K PLAN AUDIT: Operational Compliance
Preparing for a 401k plan audit can be tedious, but you can help prepare for a successful audit with the proper knowledge and tools. In this installment, we will discuss the operational compliance of a 401k plan.