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
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
What Happens When You Over-Contribute to Your HSA, IRA, or 401(k)?
Setting aside money for retirement or healthcare expenses through an IRA, 401(k), or HSA is a smart thing to do. So contributing as much as possible to these accounts is a great idea,
How To Choose Which Business Structure Is Best for You
When you start your own business, there are seemingly millions of decisions to make. From financial and legal considerations to hiring and training staff, it can feel like a lot. Of all of
How To Find the Right CPA: Hiring a CPA That’s a Good Fit for You and Your Busi
Hiring the right CPA can be a game-changer for your business. A good CPA can save you time, prevent costly mistakes, help you choose the right business structure and accounting method, make tax
What Is Sales and Use Tax, and How Does It Affect Your Business?
Sales and use tax management and compliance issues are not limited to retail companies — they can pose a challenge for businesses of all types and sizes. Collecting, calculating, reporting, and paying sales
The Basics of Starting Your Own Business: A Guide
Starting your own business can feel daunting. I know — I started my own accounting firm nearly two years ago. Starting a business involves vast amounts of planning and preparation, and there are
A Brief Guide to Accounting For Cryptocurrency
Cryptocurrency has gained a lot of interest all over the world in recent years. Both individual consumers and corporations are exploring the addition of cryptocurrency to their investment profiles, and some users are
Your 1099 Form Questions Answered: What They Are, Who Should Get Them, and Mo
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
5 Key Things I’ve Learned From Starting My Own Business
When I started my accounting firm in December 2019, I had no idea how much I’d learn in the weeks and months to come. After many years working in other accounting firms, I