Angie Wood, CPA

What Does Your CPA Do When it’s NOT Tax Season?

For many folks, the only time they see their certified public accountant is during the weeks leading up to April 15th–also known as Tax Day. But what exactly do they get up to after that?  Much like we used to assume our school teachers lived in their classrooms and evaporated into thin air once summer.

Inheritance Taxes in Minnesota: What You Need To Know

There are several different ways an inheritance can be taxed in the North Star State. Whether you’re preparing your own estate or have found yourself the beneficiary of one, it’s important that you understand all the tax implications (including any potential tax breaks) so you can plan accordingly. At Wood CPA, we make sure our.

Your 1099 Form Questions Answered: What They Are, Who Should Get Them, and More

If you are a business who utilizes the services of independent contractors, freelancers, or other non-employees, 1099 forms are likely already on your radar. The same is true if you are one of those independent contractors or freelance workers. But, as with many tax forms, 1099s can be confusing. Read on for answers to the.