Redpath Insights

The Schedule M2RT Questionnaire on MN Trusts: What You Need to Know

If you're looking to transfer wealth, protect your assets, and manage taxes, trusts can help secure a stronger financial future for your business and family. State income tax implications can also affect the way you structure your trusts โ€“ and...

November Paycheck Protection Program (PPP) Loan Forgiveness Guidance

November 19, 2020 - On November 18, 2020, the IRS released additional guidance (Revenue Ruling 2020-27 and Revenue Procedure 2020-51) regarding the deductibility of expenses related to the Paycheck Protection Program when loan forgiveness is not...

What to Look For When Choosing a Construction Lender

November 5, 2020 - Your relationship with your bank is one of the most important professional connections you can develop as a business owner. But that relationship is about more than their ability to secure funding.

New SBA Forms for Large PPP Borrowers

November 3, 2020 - The Small Business Administration (SBA) recently announced their intent to issue two new forms for PPP Borrowers with $2 million or more in loans. The purpose of the forms is to gather information that the SBA will use to...

The Impact of Uncertainty on Mergers and Acquisitions

November 2, 2020 - If there's one thing that's certain, it's that "uncertainty" has been the operative word over the course of 2020.  As things sit today, businesses are trying to operate in the middle of a global pandemic, there is an election...

Picking the Right Gifting Strategy to Minimize Gift Taxes

October 27, 2020 - Gifting strategies can provide for those you care about and organizations close to you. Understanding how to give the greatest possible amount with the smallest tax burden can be challenging โ€“ especially when gifting large...

Section 179 Conformity Helps Small Business and Agriculture

October 16, 2020 - In a special session on Oct. 15, the Minnesota State Legislature approved $208 million in tax relief by conforming to federal rules related to Section 179 expensing. Minnesota will now allow up to $1 million in annual Section...

3 Questions to Find the Right Finance Leader for Your Construction Business

Hiring a new finance leader for your construction firm can be a challenge. Even the definition of an ideal candidate can be confusing. Ryan Everhart, CPA, Audit Partner and Client Manager at Redpath, breaks it down into two main questions: "Do...

Redpath Hires EGT and M&A Service Area Leaders

St. Paul, Minnesota (October 5, 2020) โ€” Certified public accounting firm Redpath and Company, Ltd. (Redpath) has hired Jon Fortin, J.D., as director of the estate, gift, and trust tax service area, and Joe Hellman, CPA, as director of the ...

HLB Celebrates Winning โ€œNetwork of the Yearโ€

St. Paul, MN, October 2, 2020 โ€“ Redpath and Company, Ltd. announced that its global network of affiliated accounting and advisory firms, HLB International, has been named โ€œNetwork of the Yearโ€ at the 2020 Digital Accountancy Awards. The award was...