Tax & Accounting Blog
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Applying for the Expanded Employee Retention Credit
The latest stimulus bill that passed in December 2020 provides for an expansion of the employee retention credit.
Construction Industry Economic Outlook in 2021
The pandemic has forced many construction companies and their customers to make contract modifications, including cancellations, delays, and increased construction costs. A recent survey of construction companies shows a challenging 2021 for the industry.
New Round of Grants for Olmstead County Businesses
Rochester Area Economic Development, Inc. (RAEDI) announced they will oversee the Olmsted County State of Minnesota Small Business Relief Grant Program.
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.