Blog

Stacy Shaw | Jan. 28, 2014

The Next Owner

As business owners look forward to retirement, many of them have high hopes they can pass along their business to…

Chris Wittich | Jul. 22, 2013

The Importance of Avoiding Deemed Distribution

Many of the topics I blog about are tax deductions or credits or planning opportunities  –  good things.  A deemed…

Nick Swedberg | Jul. 19, 2013

“Here’s a Tip for you!”

For those that collect tips on their job, there can be a lot of confusion.  Are they taxable?  Which industries…

Barb Sawdy | Jul. 3, 2013

Sales Tax Audit – Are You Ready?

If you received a letter from the State that you are being audited for sales tax, would you panic or…

Becky Gibbs | Jun. 4, 2013

The Importance of Knowing Your Accounting Software

Accounting software can vary depending on need, cost, capabilities, etc., but no matter what type you use, it is important…

Anna Lovegren | May. 17, 2013

What is a Nonprofit?

What really is a non-profit organization?  Can they make a profit?  Are donations to them always tax deductible?

Chris Wittich | May. 16, 2013

Crowdfunding Tax Consequences

Crowdfunding is becoming an increasingly popular way for businesses or individuals to raise money.  The internet and sites like Kickstarter…

Chris Wittich | Mar. 25, 2013

I’m Still Waiting For My K-1 – What Should I Do?

What should you do when you are waiting for a K-1 to file your return?  If you are a business…

Stacy Shaw | Feb. 28, 2013

How to Save on Accounting Fees

Most small business owners are trying to wear all hats – salesman, bookkeeper, CFO, CEO, janitor, etc.  This does not…

Stacy Shaw | Feb. 26, 2013

Be Your Own Boss

Do you have a business idea and want to start up your own business?  I bet this thought is one…

Stacy Shaw | Feb. 19, 2013

Tax Time Blues

It is that time of year again that so many people try to pretend isn’t here.  They dread the paperwork,…

Stacy Shaw | Jul. 31, 2012

What Records? Should I Have Financial Records?

A lot of times a new business owner, or for that matter, seasoned business owners, are so engrossed in doing…

Chris Wittich | Jun. 4, 2012

M1PRs are the Redheaded Stepchildren of Tax Returns

Like a redheaded stepchild, the M1PR is a misunderstood and too-often neglected return.  The whole thing is just weird and…