The Employee Retention Credit (ERC), introduced with the CARES Act, is a way for professional service firms to recoup wages paid to employees. Does your firm qualify?
Does the Employee Retention Credit Apply to your Firm?
read more
Business Tax
Minnesota Legislature Passes Federal Conformity Bill
In their special session ending on June 30, 2021, the Minnesota legislature passed a federal tax conformity bill. Highlights of the bill are summarized here.
Employee Retention Credit FAQs
The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit more widely available to businesses.
R & D Tax Credit for Manufacturing Companies
In general, manufacturing companies are great candidates for the various tax credits the Internal Revenue Service (IRS) offers. One of the most popular is the Research and Development (R&D) Tax Credit.
What are the Pros and Cons of Roth IRAs?
Saving for retirement is important, and the sooner you start planning, the better. Even though Roth IRAs have been around for more than a decade, many people are not aware of exactly how they work.
Tax-Related Items from the Recent COVID-19 Stimulus Bill
Late in the day on Monday, December 21, Congress passed a comprehensive stimulus package. There are several key tax-related provisions in the bill.