Tax & Accounting Blog
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The Process of Analyzing Overhead
Analyzing overhead is a critical process that businesses undertake to optimize cost efficiency and ensure effective resource allocation. Overhead costs consist of a wide range of non-direct expenses incurred during the production or operation of goods and services.
IRS Pauses Processing of New ERC Claims
The IRS has released notice that they will be suspending the processing of new claims for the Employee Retention Credit (ERC) for the remainder of 2023.
Minnesota Sales & Use Tax Law Changes for 2023-2024
egislative changes are enacted each year that impact the collection and remittance of these taxes. Here is a summary of a few key highlights from the latest legislative session.
2023 Business Valuation Considerations
In normal times, getting an accurate valuation of a business or other asset can be challenging. There are multiple inputs that must be considered and a value derived based on various assumptions.