If you’re a business owner, you know how complicated the finances can be! You work hard to keep track of daily expenses, pay your invoices promptly, and pay your employees. You try toRead More
Many people are thinking about opening a franchise these days, and it’s easy to see why. Franchises are a smart business model that allows you to open your own business and be yourRead More
This past May, Governor Tim Walz signed a new bill that would entitle Minnesota’s workers to paid time off starting January 1, 2026, making Minnesota the 12th state in the nation to requireRead More
Adjustments to federal tax brackets, deductions, credits, and more are not new—they happen every year. This year’s changes are small and are largely related to inflation, but regardless it’s important to be informedRead More
This blog was originally published on January 25th, 2022 but has been updated on January 18th, 2023. Tax season is upon us, which means it’s time to start preparations for your 2022 taxRead More
This month, Wood CPA is celebrating a big milestone: three years in business! Three years might not seem like much, but for a small business, those first three years can be the differenceRead More
As a small business owner, you might not be aware of all the deductions, credits, and other business income strategies that can help you lower your tax bill. That’s why we put togetherRead More
Many people who seek out CPAs simply want their tax return filed. But there are plenty of online tax preparation services that can help you file your taxes. You don’t necessarily need toRead More
There’s no escaping it: everyone has to deal with taxes. At best, it’s a mildly stressful experience. At worst, it can be overwhelming. But what if we told you it doesn’t have toRead More
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 toRead More
