Mida Nichelson, CPA, MBT
Tax Principal | Minneapolis Office
952-920-6603
How Mida got here
- Bachelors in Accounting from St. Cloud State University
- Masters in Business Taxation from University of Minnesota
- 15+ years in public accounting practice
- Joined the Minneapolis practice November 2020
How Mida approaches work
“My goal is to help my clients not only achieve the best tax result for their situation, but also to ensure they feel educated about their situation. I view my main job as simplifying the tax knowledge that I have accumulated in a way that can be easily communicated to my clients.”
Related Service Resources
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.
Understanding the Build-Up Method
When valuing a business, experts use various valuation methods, such as Discounted Cash Flows (DCF) analysis, comparable company analysis, market value, and asset-based methods. When using DCF method, one way to select an appropriate discount rate for the business is to use the built-up method.
Breakdown of a Business Valuation Report
The business valuation industry is a sector of professional practice that is highly respected but often misunderstood. A misconception is that a business valuation expert can develop a value by merely looking at a company’s financial statements and determining if a company is financially healthy and an expected sale price.